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Roding Way, Rainham RM13 3 bed terraced house for sale
Roding Way, Rainham, Essex
£314,000
Roding Way, Rainham, Essex
£314,000
Our Summary
- Ideal first time purchase or investment opportunity
Description
This property is a mid-terraced house in Rainham, Essex, that is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property features an integral garage, off-road parking, a ground floor cloakroom, and a low-maintenance rear garden. The property is situated in a cul-de-sac location, just over a mile from Rainham Station, and is close to Ingreborne Hill and Hornchurch Country Park. The Home For Life Plan allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, typically saving between 20% to 50% of the full market value. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The price of the Lifetime Lease for this property is £314,000, based on an average saving of 33%, which is less than the full market value of £475,000.