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The Esplanade, Rochester ME1 2 bed detached bungalow for sale
The Esplanade, Rochester ME1
£264,000
The Esplanade, Rochester ME1
£264,000
Our Summary
- There is basic modernisation required throughout and there is an extensive rear garden ready for buyers to create their potential forever home
- Loft room with potential to extend and create an office space or additional bedroom (subject to the necessary planning)
Description
This detached bungalow is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for those aged 60 or over. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, with a lifetime lease price of £264,000, which is 33% less than the market value of £400,000. The property itself is a rare find, with a handy loft room and an extensive rear garden, perfect for buyers looking to create their forever home. While basic modernisation is required throughout, the property offers a great opportunity for those looking to downsize or upsize, with the added security of a lifetime lease.