Tyne Close, Chatham ME5 2 bed semi

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Tyne Close, Chatham ME5 2 bed semi

Tyne Close, Chatham ME5
£181,500

Our Summary

  • PROPERTY DESCRIPTIONAlthough in need of some updating, this is a great opportunity if you are looking for a bungalow that you would like to make your own
  • Great potential to make it your own
  • In need of some updating but a sought after bungalow

Description

This property is a bungalow in a quiet cul-de-sac in Lords Wood, available for purchase through a Lifetime Lease from Homewise. The Lifetime Lease allows individuals aged 60 or over to purchase a share of the property value, with the option to safeguard up to 50% of the property for the future. The cost of the Lifetime Lease is £181,500, which is 33% less than the market value of £275,000. The property requires some updating and offers ample parking, a garage for several cars, and a quiet front and rear garden. The property is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, and interested buyers can use the Homewise calculator to estimate their savings.