Springfield Road, Margate CT9 2 bed semi

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Springfield Road, Margate CT9 2 bed semi

Springfield Road, Margate CT9
£185,500

Our Summary

  • PROPERTY DESCRIPTIONWith a little cosmetic updating and some 'green fingers', this semi-detached bungalow could well be your perfect retirement home

Description

This semi-detached bungalow is a potential retirement home, located in a desirable area with easy access to the sea, beaches, and local shops. The property needs some cosmetic updating and gardening to reach its full potential. The current owners are over 60 and can secure the property with a Home for Life Plan from Homewise, which allows them to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The price of the Lifetime Lease is £185,500, which is less than the full market value of £280,000, resulting in a potential saving of 33%. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and the price will vary depending on the individual's age, personal circumstances, and requirements.
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