Mile Oak Road, Portslade, BN41 2RB

Securing this property with A lifetime leaseover 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 between from 20% to 50%*.

Home for Life Plan guide price for overs 60s: The Lifetime Lease price for this property is £152,500 based on an average saving of 33%.

Market Value Price: £230,000 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 for the over-60s.

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.

If you are not over 60 or would like to purchase the property at the full market value of £230,000, please contact the estate agent Cubitt & West.

Property DESCRIPTIONNestled in the vibrant community of Portslade, this charming ground floor flat offers an exceptional opportunity for both first-time buyers and savvy investors.

Ideally located, the property is just a stone's throw away from the local Co-op, a traditional pub, and convenient bus routes, ensuring all your daily needs are easily met.

Inside, you will find generously sized bedrooms, providing ample space for relaxation.

The large hallways are a standout feature, offering an abundance of storage solutions to keep your living space clutter-free.

The heart of the home is the open-plan kitchen / lounge and dining area, designed for modern living and entertaining.

Patio doors lead out to a private courtyard, perfect for enjoying a morning coffee or evening drinks in your own outdoor area, watching the world go by.

This flat was previously tenanted and boasts an impressive rental yield, making it an attractive investment.

Alternatively, this property is an excellent choice for first-time buyers looking to step onto the property ladder in a sought-after location.

Room sizes: Hallway Kitchen / Lounge / Dining Area 19'1 at widest point x 13'1 (5.82m x 3.99m) Bedroom 1 12'9 into bay x 11'6 (3.89m x 3.51m) Bedroom 2 8'3 up to fitted wardrobes x 6'9 (2.52m x 2.06m) Bathroom Private Outdoor Area The information provided about this property does not constitute or form part of an offer or contract, nor may 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.

Council Tax band: B Tenure: Leasehold Annual ground rent: £ 150 Annual service charge: £ 2000 Years remaining on lease: 111 Suitable as a retirement home.