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Cunningham House, Rochester ME1 1 bed flat for sale
St. Margaret's Street, Rochester, Kent
£66,500
St. Margaret's Street, Rochester, Kent
£66,500
Our Summary
- PROPERTY DESCRIPTIONIdeal for investors to add to their portfolio or for buyers to create their own home, this first floor purpose-built flat is in need of renovation and it suitable for cash buyers only
- Cash Buyers only
- First floor purpose built flat in need of renovation
- Ideal investment opportunity
Description
This property 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 Lifetime Lease price for this property is £66,500, which is less than the full market value of £100,000, representing a potential saving of 33%. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The property itself is a first-floor flat in need of renovation, suitable for cash buyers only, and is located in a sought-after area close to the historic High Street and high-speed station.