3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Middle Park Way, Havant, Hampshire
£158,500

Our Summary

  • PROPERTY DESCRIPTIONThis mid terraced house has great potential for someone looking to put their own stamp on a property, and make it their home
  • Requiring some updating of the decor, it benefits from a new roof and windows, replaced in 2023
  • Perfect home for someone looking to put their own stamp on it
  • Some updating and modernisation required

Description

This mid-terraced house is available for purchase through the Home for Life Plan, a lifetime lease option for individuals aged 60 and over. The property requires some updating, but benefits from a new roof and windows installed in 2023. The plan allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future, with the cost of the lifetime lease typically being 20-50% less than the full market value. The current guide price for the lifetime lease is £158,500, based on an average saving of 33%, with the market value of the property being £240,000. The plan is available through Homewise, a company that does not own the property and is not exclusively for sale to the over-60s. The property has four bedrooms, a bathroom, and a front and rear garden, making it a great option for first-time buyers and investors.