Broadlands Court, Shanklin PO37 1 bed apartment for sale

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Broadlands Court, Shanklin PO37 1 bed apartment for sale

Palmerston Road, Shanklin, Isle of Wight
£69,750

Our Summary

  • Currently only available to cash buyers due to a short lease the apartment offers good sized accommodation with the added bonus of allocated parking

Description

This property, a first-floor apartment in Shanklin, is available for purchase through a Lifetime Lease with Homewise's Home for Life Plan. The plan allows those aged 60 or over to purchase a share of the property value, up to 50%, to safeguard for the future. The cost of the Lifetime Lease is £69,750, which is a 33% saving on the market value of £105,000. The property itself offers good-sized accommodation, including a lounge/dining room, bathroom, and kitchen, with the added bonus of allocated parking. The property is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease, and is not exclusively for sale to those aged 60 or over. Viewings are highly recommended, as it is expected to attract a lot of interest.