2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Southbourne Road, Folkestone, Kent
£172,000

Price History

Initial price £178,500
10/09/24 £172,000
Price Change -3.64%

Description

This property, a well-presented mid-terrace house, is being offered as an example of a property that can be purchased using a Home For Life Lifetime Lease from Homewise. The Lifetime Lease is a lifetime leasehold agreement that allows homeowners aged 60 or over to purchase a share of the property value, with the option to safeguard up to 50% of the property's value. The cost of the Lifetime Lease is always less than the full market value, with typical savings ranging from 20% to 50%. For this property, the Lifetime Lease price is £172,000, based on an average saving of 33%. The property itself features two reception rooms, two double bedrooms, and a low-maintenance rear garden, and is located close to the Sunny Sands beach and Folkestone's Harbour Arm.