Alma Road, Ramsgate CT11 2 bed terraced house for sale

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Alma Road, Ramsgate CT11 2 bed terraced house for sale

Alma Road, Ramsgate, Kent
£119,500

Our Summary

  • The property has been well maintained throughout and is ready to move straight into, with scope to update and add value over time

Description

This property is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan, which allows individuals aged 60 or over to secure a Lifetime Lease and a share of the property value to safeguard for the future. The property itself is a well-presented terraced house with a spacious open-plan lounge/diner, large bathroom, and two bedrooms. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future, with the cost to purchase the Lifetime Lease always being less than the full market value. For example, the Lifetime Lease price for this property is £119,500, which is a saving of 33% on the market value of £180,000.