3 bedroom detached bungalow for sale

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3 bedroom detached bungalow for sale

Adie Road, Greatstone, Kent
£221,000

Our Summary

  • Further potential for individual improvements

Description

This detached bungalow is being offered as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan available to those aged 60 or over. The plan allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future, with the cost being less than the full market value. In this case, the Lifetime Lease price is £221,000, representing a 33% saving on the market value of £335,000. The property itself features a large rear garden, off-road parking, and is located near the beach and local schools, making it a great home for a family. The buyer can choose to purchase the property at the full market value of £335,000 or use the Home For Life Plan to secure the property with a Lifetime Lease.