Lifetime Lease option reduces upfront cost for buyers aged 60 and over.
Over-60s Home for Life Lifetime Lease example price £154,000
Market value listed at £230,000 (full price)
Two double bedrooms plus 20ft lounge/diner and conservatory
Off-road parking, single garage and decent west-facing garden
Chain-free sale for potentially faster completion
Broadband reported slow; check connectivity needs
Local area: high crime and very deprived — affects resale/rental
Lifetime Lease cost depends on age and personal circumstances
This detached two-bedroom bungalow sits at the end of a quiet cul-de-sac in Great Clacton and is presented as a straightforward, single-storey home suitable for retirement living. A bright conservatory and a 20ft lounge/dining room give the house a light, airy feel. Outside there is off-road parking, a garage and a decent west-facing rear garden for afternoon sun.
The property is being offered with a Home for Life Lifetime Lease example price of £154,000 for buyers aged 60+ (market price £230,000). The Lifetime Lease typically reduces the upfront cost — the exact price depends on age and circumstances and customers may choose to buy up to a 50% equity safeguard. The sale is chain-free, which can speed completion.
Practical points to note: broadband speeds are reported as slow and the local area scores high for crime and deprivation, which may affect resale or rental appeal. Heating is gas; services are mains. Prospective buyers should verify tenure/lease details, fixtures and any planning consents with their solicitor.
Overall, the bungalow offers accessible, single-level living and clear cost-saving potential for qualifying over-60s via the Lifetime Lease, but buyers should weigh local area factors and check service/specification details before committing.
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