Lifetime Lease saving option for buyers aged 60 and over.
Semi‑basement two-bedroom flat with private entrance
A semi‑basement two-bedroom flat in a Victorian building on Ellenslea Road, offered with a Lifetime Lease option for buyers aged 60+. The property has its own private entrance and an enclosed front garden, plus a bright main reception that flows into a modern fitted kitchen. A 360° HDR virtual tour is available for remote viewing.
This home is marketed with a Home for Life Lifetim e Lease guide price of £120,500 (typical saving ~33% against the £180,000 market price). The plan allows purchasers to buy up to 50% of the property value to safeguard future equity; the exact price varies by age and circumstances. The sale is chain free and comes with a stated good lease length, but tenure/lease details must be verified by your solicitor.
Practical points to note: the building is Victorian solid brick (likely uninsulated walls), the flat is semi‑basement which can affect light and damp risk, and local area statistics show high crime and significant deprivation. Heating is mains gas with a boiler and radiators; services and appliances are untested. This property suits an over‑60s buyer seeking a lower‑cost ownership route in a central seaside town, or a purchaser prepared to accept the location and fabric limitations for value.
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