36 Manor Road, Folkestone CT20 1 bed flat

>

36 Manor Road, Folkestone CT20 1 bed flat

36 Manor Road, Folkestone CT20
£79,750

Our Summary

  • Perfect investment opportunity

Description

This property is a bright second-floor apartment located on Manor Road, with a spacious and light interior. It is currently being marketed by Homewise as an example of a property that can be purchased using their Home For Life Lifetime Lease plan, which allows individuals aged 60 or over to secure the property with a lifetime lease and a share of the property value. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, and the cost to purchase the lifetime lease is always less than the full market value. For this property, the lifetime lease price is £79,750, which is a 33% saving on the market value of £120,000. The property has a hallway, lounge, kitchen, bedroom, bathroom, utility area, and communal gardens, as well as allocated parking.