1 Bed Retirement Property For Sale

OVER 60s can secure this property with a HOME FOR LIFE from HOMEWISE.



Through the Home for Life Plan from Homewise, those AGED 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value. OVER 60s customers typically save from 6% to 49%*.



Home for Life Plan guide price for OVERS 60s: The Lifetime Lease price for this property is £56,000 based on an average saving of 30%.



Market Value Price: £80,000



The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard. The plan allows customers to purchase a share of the property value (UP TO 50%) to safeguard for the future.



For an indication of what you could save, please use our CALCULATOR on the HOMEWISE website.



Please CALL for more information or a PERSONALISED QUOTE.



Please note: Homewise DO NOT own this property and it is not exclusively for sale through Homewise.



It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease, subject to lease review and individual circumstances/requirements.



If you would like to purchase this age-restricted property at the full market value of £80,000 please contact the estate agent Retirement Homesearch, East of England.



PROPERTY DESCRIPTION



A ONE BEDROOM RETIREMENT APARTMENT SITUATED ON THE SECOND FLOOR.

Foster Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 60 properties arranged over 4 floors each served by lift. Situated in close proximity to the Town Centre, Railway Station, A12 to Colchester and a short drive to Witham River walks and Duck pond. The Development Manager can be contacted from various points within each property in the case of an emergency. For periods when the Development Manager is off duty there is a 24 hour Appello emergency call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom. It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years. Please speak to our Property Consultant if you require information regarding "Event Fees" that may apply to this property.