Tyne Close, Chatham ME5 2 bed semi

>

Tyne Close, Chatham ME5 2 bed semi

Tyne Close, Chatham ME5
£182,000

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, a bungalow in a quiet cul-de-sac in Lords Wood, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property is in need of updating and offers ample parking and a garage for several cars. The property is being sold with no chain, and interested buyers over the age of 60 can secure the property with a Lifetime Lease and a share of the property value through Homewise's Home for Life Plan. The cost of the Lifetime Lease is typically less than the full market value, with buyers saving between 20% to 50% on the market price. The property's market value is £275,000, but the price for a Lifetime Lease would be £182,000, based on an average saving of 33%.