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Torquay Gardens, Ilford IG4 3 bed semi
Torquay Gardens, Ilford IG4
£379,500
Torquay Gardens, Ilford IG4
£379,500
Our Summary
- PROPERTY DESCRIPTIONSituated in a highly sought-after location within close proximity to Redbridge Central Line Station, this well-presented semi-detached property offers a perfect blend of space, convenience, and potential
- The property also offers excellent scope for further development, with potential to extend into the rear garden or convert the loft space (subject to planning permission), making it a fantastic opportunity for growing families or investors
Description
This property, a semi-detached home in a sought-after location, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. This lease is specifically designed for individuals aged 60 or over, allowing them to secure the property with a share of the value and potentially save between 20% to 50% of the market value. The property itself features a generous lounge and dining area, a detached double garage, and off-road parking, with scope for further development, including potential extensions or loft conversions. The price of the Lifetime Lease is £379,500, based on an average saving of 33%, with the market value of the property being £575,000.