Homewise says ..

Property Oracle says ..

This property is a two-bedroom bungalow located in St. Giles-On-The-Heath, Cornwall. It is listed as a lifetime lease property, exclusively available for those over 60 years of age. The key selling points include its seemingly well-maintained condition (visible in provided photos), the presence of a small to medium sized garden, and its proximity to St Giles-On-The-Heath Community School which has a ‘Good’ Ofsted rating.

The images suggest a relatively standard bungalow; the interior is presented in a style that may suit some preferences better than others. The kitchen and bathroom appear functional and reasonably clean. The interior photographs show the property to be neatly presented. However, a full survey would be needed to assess any potential maintenance needs beyond what’s obvious from the photos. The inclusion of a conservatoire provides a valuable extra space. The exterior shots also showcase a small garden area which is a plus for many buyers. However, the square footage of the plot is not stated, so the actual size of the garden and property is unknown.

The £153,750 price tag is specified as a guide price and is for a lifetime lease. Direct comparisons to other nearby properties are difficult due to missing sq ft data for most, and the fact that the subject property is a lifetime lease. Therefore, a proper evaluation regarding the value of the property as a lifetime lease is challenging without more data. Potential buyers should seek independent financial and legal advice given the specific nature of the lifetime lease agreement.

Therefore, we give this property 5 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

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