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Retirement
Leasehold

Guide price

£114,000

1 bed flat for sale

Collingwood Road, Witham, Essex CM8
1 bed
1 bath
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Guide price

£114,000

1 bed flat for sale
Collingwood Road, Witham, Essex CM8

    • 1 bed

    • 1 bath

  • EPC Rating: C

Retirement
Leasehold

About this property

  • Only Over-60s are eligible for the Home for Life from Homewise (incorporating a Lifetime Lease)

  • Savings against the full price of this property typically range from 20% to 50% for a Lifetime Lease

  • Actual price paid depends on individuals’ age and personal circumstances (and property criteria)

  • Plan allows customers to purchase a % share of the property value (Up to 50%) to safeguard for the future

  • Please call for a personalised quote, or use the calculator on the Homewise website for an indicative saving

  • The full listed price of this property is £170,000

Over 60s can secure this property with a Home For Life from Homewise

Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value.

Over-60s customers typically save between from 20% To 50%*.

Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £114,000 based on an average saving of 33%.

Market Value Price: £170,000

The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.

For an indication of what you could save, please use our calculator on the Homewise website.

Please call for more information or a personalised quote

Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.

It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.

If you are not over 60 or would like to purchase the property at the full market value of £170,000, please contact the estate agent Fenn Wright.
Property description

An entrance door opens into the open plan living accommodation with the kitchen benefiting from a stainless steel sink inset to worksurface, range of wall and base units, integrated oven and microwave, induction hob with extractor above, fridge freezer and dishwasher. There is also the added benefit of an integrated washing machine in the utility cupboard. The lounge/diner has a window to the front aspect with electric heaters.

The bedroom is a double room with double glazed window to the front aspect and the shower room has a large inset light up mirror, double shower cubicle, W.C, a vanity wash hand basin and heated towel rail.

Outside
The property sits within an exclusive gated development with gates leading to the communal entrance hall. There are further gates leading to the communal carpark where the property benefits from an allocated parking space.

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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