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2 bedroom apartment for sale

Pound Lane, Ventnor, Isle of Wight

Guide Price £68,250

Property Description

Key features

  • Over 60s only under Homewise's lifetime lease plan
  • Discounts range from 8.5% to 59%
  • The actual price you will pay depends on your age, personal circumstances and property criteria
  • Call for a personalised quote
  • Second floor 2 bedroom flat
  • Purpose built and very low maintenance
  • Close to Ventnor?s town and beaches
  • Great buy to let opportunity
  • Chain free sale
  • EPC energy rating C (77)

Full description

Tenure: Leasehold

PURCHASING THIS PROPERTY WITH A LIFETIME LEASE


This property is offered at a reduced price for people aged over 60 through Homewise’s Home for Life Plan. Through the Home for Life Plan, anyone aged over sixty can purchase a lifetime lease on this property which discounts the price from its full market value. The size of the discount you are entitled to depends on your age, personal circumstances and property criteria and could be anywhere between 8.5% and 59% from the property’s full market value. The above price is for guidance only. It is based on our average discount and would be the estimated price payable by a 69-year-old single male. As such, the price you would pay could be higher or lower than this figure.

For more information or a personalised quote, just give us a call. Alternatively, if you are under 60 or would like to purchase this property without a Home for Life Plan at its full market price of £102,500, please contact Pittis.

PROPERTY DESCRIPTION


If you have ever dreamt of becoming a landlord then take a look at this super flat in Ventnor town centre and your dreams could become a reality.

With a proven track record of letting and with low maintenance costs this cracking apartment could comfortably give you an excellent return on your investment and perform better than any ISA over a long period of time. Similarly if you are looking to take the first step onto the property ladder then this flat would be perfect as a first time buy. As you take the stairs up to the second floor and step inside you’ll be surprised by the space on offer. The sociable lounge with its own kitchen area is a fabulous size and means entertaining is a breeze. Both the bedrooms are a good size and the bathroom is plenty big enough for a long relaxing soak after a hard day at work. Located in the heart of the town, strolling into the shops or down to the beach takes only minutes and with a car park nearby you can be sure the car will not be far away. This lovely property is sure to be a big hit with a range of buyers so call us soon to arrange a look inside.

 
Please refer to the footnote regarding the services and appliances.

What the Owner says:


I bought this property as an investment and have never found it hard to get a tenant. The flat has been a popular choice and it is very easy to maintain. Being so close to the town and the beaches you can walk to both in minutes and there is a car park nearby where you can get a permit to park all day. As a buy to let this would be a great property but it could also suit a couple looking to set up home for the first time together.

Room sizes:

  • SECOND FLOOR
  • Entrance Hall
  • Lounge/Kitchen Area: 17'10 x 14'0 (5.44m x 4.27m)
  • Bedroom 1: 13'4 x 9'1 (4.07m x 2.77m)
  • Bedroom 2: 8'8 x 5'10 (2.64m x 1.78m)
  • Bathroom

 
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. Suitable as a retirement home.


More information from this agent

Listing History

Added on Rightmove:
20 December 2016

Map & Street View

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