Retirement-friendly semi with garden, garage and Lifetime Lease saving option for over-60s..
- Suitable for over-60s via Home for Life Lifetime Lease (price varies)
- Guide Lifetime Lease price £231,500; full market value £350,000
- Large rear garden and decent plot size
- Double garage to the rear provides off-street parking
- Solar panels fitted to reduce energy costs
- One bathroom only; three bedrooms upstairs
- Area classed very deprived; above-average crime rates
- Mid-20th century build; may require updating/inspection
This three-bedroom semi-detached house on Albatross Avenue offers a practical, low-cost retirement option with useful outdoor space and parking. The property benefits from a large rear garden, a double garage to the rear and solar panels that help reduce running costs. The ground-floor cloakroom and an 18' lounge create a comfortable, accessible layout for daily living.
The Home for Life Lifetime Lease option from Homewise offers a substantial saving for buyers aged 60+ (guide price for this property: £231,500 based on an average 33% saving); the full market price is £350,000. The Lifetime Lease can include purchasing up to a 50% share of the property value to safeguard assets — the exact price depends on age and circumstances. If you are under 60 you can buy at the full market price instead.
Practical considerations: the property was built in the mid-20th century and is an average-sized home (905 sq ft) with one bathroom, so it will suit buyers wanting manageable space rather than large-family accommodation. The area is classified as very deprived with above-average crime statistics, which may concern some buyers; verify local services and safety. All measurements and tenure details should be checked with your solicitor; fixtures, fittings and any planning history have not been independently confirmed.
In short, this home will appeal to over-60 buyers seeking an affordable, low-maintenance retirement option with parking, outdoor space and lower running costs from solar panels, while those seeking a quieter, less deprived neighbourhood or larger modern accommodation may find it less suitable.