Securing this property with A lifetime lease
Lifetime Lease guide price for Over 60s: £314,000 based on an average saving of 33%Over 60 Customers can save anywhere from 8.5% to 59%*.
Market Value Price: £475,000
Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease with a one-off payment to become the Lifetime Lease owner of this property. The cost to purchase the Lifetime Lease is always less than the full market value. The saving can vary from 8.5% to 59%* depending on your age, personal circumstances and property criteria. The above guide price is the estimated price payable by a 69-year-old single male. For an indication of what you could save, please use our calculator on the Homewise website (see link below). For more information or a personalised quote, just give us a call. Alternatively, if you are under 60 or would like to purchase the property at the full market value of £475,000, please contact Douglas Allen.
Property DESCRIPTIONNew to the market a good sized family home located in the South of Ilford close to Ilford Town centre. Ideal for a family or for a buy to let investor, Great location for local amenities shopping facilities and local schools and transport services.
- Lounge/Diner 22'5 x 11'5 (6.84m x 3.48m)
- Study 6'3 x 5'4 (1.91m x 1.63m)
- Kitchen 11'9 x 10'2 (3.58m x 3.10m)
- Shower Room 6'2 x 5'4 (1.88m x 1.63m)
- Bedroom 1 10'7 x 8'9 (3.23m x 2.67m)
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
- Bedroom 2 11'2 x 8'4 (3.41m x 2.54m)
- Bedroom 3 7'6 x 6'2 (2.29m x 1.88m)
- Bedroom 4 11'7 x 10'2 (3.53m x 3.10m)
- Rear Garden
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Homewise, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
Suitable as a retirement home.