Appledore Road, Tenterden TN30 2 bed detached bungalow for sale

>

Appledore Road, Tenterden TN30 2 bed detached bungalow for sale

Appledore Road, Tenterden, Kent
£248,000

Our Summary

  • In need of a full renovation and with a more than generous garden the options are endless
  • Subject to planning permission extending the property or treating it like a building plot are serious options
  • Renovation project with great scope for improvement

Description

This detached bungalow in Tenterden is being marketed 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 property is in need of renovation and has a generous garden, offering endless possibilities. 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. For instance, the Lifetime Lease price for this property is £248,000, which is 33% less than the market value of £375,000. This means that over-60s could save between 20% to 50% compared to buying the property at full market value.