Castle Avenue, Rochester ME1 3 bed terraced house

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Castle Avenue, Rochester ME1 3 bed terraced house

Castle Avenue, Rochester ME1
£185,500

Our Summary

  • PROPERTY DESCRIPTIONThis chain free period terraced house close to the historic High Street and high speed station will make an ideal first time buy or investment opportunity
  • Ideal first time buy or investment opportunity

Description

This period terraced house, located near the historic High Street and high-speed station, is available for purchase through Homewise's Home for Life 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, with the cost to purchase the Lifetime Lease typically being less than the full market value. The property itself is a chain-free, three-bedroom home with a rear garden, and is being marketed as an ideal first-time buy or investment opportunity. The price to purchase the Lifetime Lease for this property is £185,500, which is based on an average saving of 33% compared to the full market value of £280,000.