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Stanhope Road, Deal CT14 1 bed ground floor flat for sale
Stanhope Road, Deal, Kent
£126,000
Stanhope Road, Deal, Kent
£126,000
Our Summary
- There is potential to purchase this property and the maisonette above giving the opportunity to convert this to a large residence (sold subject to planning permissions) or the option to have two rental properties, an ideal investment
- Potential to acquire the upper flat a great investment
Description
This property is a large ground floor apartment with spacious rooms and a secure courtyard garden, located just yards from the high street and minutes from the beach. The property can be purchased using the Home for Life Plan, which allows individuals aged 60 or over to secure a Lifetime Lease and a share of the property value, potentially saving between 20% to 50% of the market value. The Lifetime Lease price for this property is £126,000, based on an average saving of 33%, compared to the market value of £190,000. The property also has potential for extension or conversion into a larger residence or two rental properties, subject to planning permissions.