The Drive, Emsworth PO10 2 bed detached bungalow for sale

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The Drive, Emsworth PO10 2 bed detached bungalow for sale

The Drive, Emsworth PO10
£330,000

Our Summary

  • Flexible accommodation with a great opportunity to extend or develop further, this would make a great place to call home being close to shops as well as the mainline train station
  • Opportunity to extend/develop further

Description

This property, a 2-bedroom detached bungalow in Southbourne, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. This lease allows those aged 60 or over to secure the property with a lifetime lease and a share of the property value, saving between 20% to 50% of the full market value. The current market value of the property is £500,000, but the lifetime lease price is £330,000, representing a 33% saving. The property is chain-free and has flexible accommodation, making it a great opportunity to extend or develop further. It is located in a quiet residential area, close to shops and the mainline train station, and features a driveway, front and rear gardens, and a range of bedrooms and bathrooms.