2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Odo Road, Dover, Kent
£132,500

Our Summary

  • Perfect first time buy or investment opportunity

Description

This property, a good-sized terraced house, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The Lifetime Lease is a lifetime leasehold property that allows those aged 60 or over to purchase a share of the property value to safeguard for the future. The cost of the Lifetime Lease is typically less than the full market value, with customers typically saving between 20% to 50%. The property itself has a market value of £200,000, but the Lifetime Lease price for those aged 60 or over is £132,500, based on an average saving of 33%. The property features a large open plan lounge/diner, a rear garden, and a workshop/outbuilding, making it a great option for first-time buyers or investors.