Lifetime-lease option for buyers aged 60 plus seeking low-maintenance living.
Two bedrooms with conservatory overlooking small rear garden
This compact two-bedroom mid-terrace offers a practical retirement option in Wickford, presented with a conservatory overlooking a small rear garden and two allocated parking spaces. At about 471 sq ft the layout suits downsizers seeking easy-to-manage accommodation close to local buses and amenities. The property is freehold and benefits from double glazing and gas central heating.
The Home for Life Lifetime Lease through Homewise is available to buyers aged 60+, typically reducing the purchase cost versus full market value. The guide Lifetime Lease price shown is £178,500 (market price £270,000), though the actual price and any safeguarded share (up to 50%) will depend on age and personal circumstances. This is a notable route for buyers wanting to protect some future value while paying less up front.
This sale is by the Modern Method of Auction. Bidders must pay a non-refundable reservation fee (4.2% of the purchase price, minimum £6,000) and complete within 56 days of contract draft. Buyers should review the Buyer Information Pack, complete their own due diligence and be prepared for the auction process and associated fees. Appliances and services are not guaranteed working and dimensions are approximate.
Practical positives include two parking spaces, easy maintenance size, and nearby good primary schools. Material considerations: the home is small, the area records higher crime levels, and purchasers may face additional auction costs and time-limited completion requirements. Viewers should check all legal and service details before bidding or committing.
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