Lifetime Lease reduces upfront cost for purchasers aged 60 and over.
Guide Lifetime Lease price £154,000 (market value £230,000) — indicative saving ~33%
Designed for buyers aged 60 and over seeking a lower-cost, long-term home in Woodbridge, this ground-floor two-bedroom flat combines period exterior character with a modern open-plan living space. The Home for Life Lifetime Lease from Homewise offers a discounted purchase route — a guide price of £154,000 (market value £230,000) based on an average saving of 33%, though the actual price depends on age and personal circumstances. The scheme allows purchase of up to a 50% share to safeguard value for the future.
Internally the layout is practical: an entrance hall with storage, a bright open-plan kitchen/dining/living room with integrated appliances, two bedrooms and a single bathroom. The building presents Georgian Revival styling and the flat sits on the ground floor with communal landscaped gardens. Two tandem off-street parking spaces plus visitor parking are included, and the location provides straightforward access to Woodbridge town centre and the A12.
Important practical points you must verify: tenure/lease details are unknown and should be confirmed by your solicitor; Homewise does not own the property and the Lifetime Lease price will vary by individual; appliances and services are not guaranteed as working. The flat is chain free and suitable as a retirement home, but note the single bathroom and tandem parking layout may not suit all buyers.
Overall this property will appeal to over-60s looking to reduce upfront cost through a Lifetime Lease while staying close to local shops, transport links and community amenities. It offers comfortable, low-step living with communal outside space and straightforward access to nearby facilities, provided you confirm lease and legal details before proceeding.
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