PURCHASING THIS PROPERTY WITH A LIFETIME LEASE
This property is offered at a reduced price for people aged over 60 through Homewise´s Home for Life Plan. Through the Home for Life Plan, anyone aged over sixty can purchase a lifetime lease on this property which discounts the price from its full market value. The size of the discount you are entitled to depends on your age, personal circumstances and property criteria and could be anywhere between 8.5% and 59% from the property´s full market value. The above price is for guidance only. It is based on our average discount and would be the estimated price payable by a 69-year-old single male. As such, the price you would pay could be higher or lower than this figure.
For more information or a personalised quote, just give us a call. Alternatively, if you are under 60 or would like to purchase this property without a Home for Life Plan at its full market price of £250,000, please contact Douglas Allen.
Found in the popular location of Runwell, Wickford is this extended 2 bedroom semi-detached bungalow, perfect if you are looking to downsize or equally allows you to get on to the property ladder with your first home.
Extended to the rear you will be blessed with a large lounge / diner providing you and your loved one with space to enjoy each others company as well as having the room to invite friends and family over.
Both bedrooms are of great proportions, perfect for having friends over to stay or perhaps providing you with this opportunity to start a family.
The most important room in any home is usually the kitchen and this one is needing a little modernisation but is a relative blank canvas allowing you to change it and add your own style and design.
With a rear garden approximately 100ft you will be able to spend time tending to your flower beds or simply enjoy your leisure time with a BBQ. Please refer to the footnote regarding the services and appliances.
- GROUND FLOOR
- Lounge: 13'8 x 11'11 (4.17m x 3.63m)
- Dining Area: 12'0 x 11'1 (3.66m x 3.38m)
- Kitchen: 7'10 x 7'7 (2.39m x 2.31m)
- Bedroom 1: 10'10 x 9'4 (3.30m x 2.85m)
Please note that this property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer-friendly method of purchase. We do not require the buyer to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3% + VAT subject to a minimum of £5,000 + VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.
- Bedroom 2: 11'4 x 10'5 (3.46m x 3.18m)
- Off Street Parking
- Rear Garden
Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by Homewise powered by iam-sold Ltd.
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Homewise, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
Suitable as a retirement home.