1 bedroom apartment for saleVictoria Street, Ventnor, Isle of Wight
- 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
- Town centre 1 bedroom first floor apartment
- Spacious Lounge/dining area
- Beautifully presented throughout
- Close to shops and beach
- Ideal buy to let or holiday home
- EPC energy rating D (59)
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 £85,000, please contact Pittis.
Looking for an ideal lock up and leave holiday apartment or maybe your first place to call home then this lovely town centre apartment could be the one. Tastefully modernised to a high standard this spacious apartment is perfectly situated just minutes from the beach and is only a short stroll into town. It is the perfect property to get you on the first step of the property ladder. As soon as you step inside you will notice the abundance of space on offer. The light and bright lounge/dining area with its large bay window makes the ideal vantage point to admire the sea view on offer. The sociable layout which is open plan to the kitchen area allows you to keep in the conversation with friends and family while rustling up something tasty for dinner.The contemporary interior is continued in the spacious bedroom and bathroom which have both been refurbished. If you have the option of working from home or need extra storage space then the study area means you are only an email away from the office which will give you even more time to enjoy the sights and sounds Ventnor has to offer.We feel this property could be an ideal investment opportunity with a potential gross rental yield in excess of 6% per annum making it a far better proposition than an ISA or fixed rate bond. With this much appeal it is sure to be a popular choice so call us now to avoid disappointment.
Please refer to the footnote regarding the services and appliances.
What the Owner says:
When I first saw this apartment I recognised the potential it offered and also how spacious it was compared to other properties I had viewed. It needed to be modernised which has now been completed and along with the other residents in the block we have sorted out the freehold and management issues which my solicitors advised me about before I bought it. You can walk into town within minutes or down to the beach. The little study area is really handy and there is plenty of storage which you often do not find with an apartment. I have considered letting the property for £515 per calendar month but would rather sell it to someone who can call it home. There is a car park just around the corner where you can get a permit to park all year round.
- Entrance Hall Area
- Lounge/Dining Area: 12'11 x 11'10 (3.94m x 3.61m)
- Kitchen Area: 9'0 x 6'0 (2.75m x 1.83m)
- Bedroom: 12'8 x 10'8 (3.86m x 3.25m)
- Study Area: 8'0 x 5'9 (2.44m x 1.75m)
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.
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