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Margate Road, Ramsgate CT12 3 bed terraced house for sale
Margate Road, Ramsgate, Kent
£171,500
Margate Road, Ramsgate, Kent
£171,500
Our Summary
- Ready for a buyer to put their own stamp on and make their own
Description
This Victorian terraced house is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan that allows those aged 60 or over to secure a property with a lifetime lease and a share of the property value. The property itself is a spacious and well-maintained home with high ceilings, sunny garden, and proximity to local schools and transport links. The buyer can purchase a share of the property value, up to 50%, to safeguard for the future, with the cost varying according to age, personal circumstances, and requirements. The market value of the property is £260,000, but those aged 60 or over can purchase the Lifetime Lease for £171,500, representing a saving of 33%.