3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Tenterden Drive, Canterbury, Kent
£181,500

Price History

Initial price £195,000
22/01/25 £182,000
05/02/25 £181,500
Price Change -6.92%

Description

This property, a mid-terraced house in Hales Place, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. This plan allows individuals aged 60 or over to secure the property with a lifetime lease, saving between 20% to 50% of the market value. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The current market value of the property is £275,000, but the lifetime lease price for someone aged 60 or over would be £181,500, representing a saving of 33%. The property itself has a generous layout, with six bedrooms, a conservatory, and a rear garden. It is currently being used as a HMO and is ideal for those looking to add to their portfolio.