Rochester Avenue, Rochester ME1 1 bed ground floor flat for sale

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Rochester Avenue, Rochester ME1 1 bed ground floor flat for sale

Rochester Avenue, Rochester ME1
£72,500

Our Summary

  • PROPERTY DESCRIPTIONThis chain free converted ground flat with a private rear garden will make an ideal first time buy or investment opportunity
  • This property is for sale by the Modern Method of Auction
  • This method of auction requires both
  • For Sale by Modern Auction - T&C's apply

Description

This property, a converted ground floor flat with a private rear garden, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows those aged 60 or over to secure the property with a lifetime lease, paying a reduced price that is typically between 20% to 50% less than the full market value. For this property, the lifetime lease price would be £72,500, based on an average 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 is chain-free and an ideal first-time buy or investment opportunity, and is being sold through the Modern Method of Auction.