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13 St. Mildred's Road, Ramsgate CT11 2 bed ground floor flat for sale
13 St. Mildred's Road, Ramsgate CT11
£86,250
13 St. Mildred's Road, Ramsgate CT11
£86,250
Our Summary
- While the apartment is in need of some modernisation, it provides the perfect blank canvas to create a stylish and comfortable home
- A lease extension of 90 additional years has been quoted at an additional £24,300, offering the potential to significantly increase the property's long term value
Description
This property, a ground floor apartment on St Mildreds Road, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to secure a property with a lifetime lease, safeguarding a share of the property value for the future. The cost of the lifetime lease is typically less than the full market value, with customers saving between 20% to 50%*. The property itself features a private entrance, living area, and low-maintenance courtyard garden, with parking available to the rear. The current lease term is 55 years, with an option to extend by 90 years for an additional £24,300. The property is in need of modernization, providing a blank canvas for buyers to create a stylish and comfortable home.