Elizabeth Place, Farningham DA4 1 bed terraced house for sale

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Elizabeth Place, Farningham DA4 1 bed terraced house for sale

Elizabeth Place, Farningham DA4
£191,500

Price History

Initial price £192,000
28/05/25 £191,500
Price Change -0.26%

Description

This property, a mid-terraced cottage in Farningham village, is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease. This plan, available to those aged 60 or over, allows homeowners to purchase a share of the property value, up to 50%, to safeguard for the future. The cost of the Lifetime Lease is always less than the full market value, with customers typically saving between 20% to 50%. For this property, the Lifetime Lease price is £191,500, based on an average saving of 33%. The property itself has a market value of £290,000 and features three bedrooms, a bathroom, kitchen, and lounge, with a front and rear garden. The property is being sold chain-free and is located near the A20/M25 and Farningham train station.