Allhallows Road, Rochester ME3 2 bed detached bungalow for sale

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Allhallows Road, Rochester ME3 2 bed detached bungalow for sale

Allhallows Road, Rochester ME3
£264,500

Price History

Initial price £281,000
18/06/25 £264,500
Price Change -5.87%

Description

This property, a detached bungalow in the village of Lower Stoke, 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 individuals aged 60 or over to purchase a share of the property value, up to 50%, to safeguard for the future, with the cost typically being less than the full market value. For this property, the Lifetime Lease price is £264,500, representing a saving of 33% compared to the market value of £400,000. The property itself features a lounge, kitchen/diner, conservatory, and three bedrooms, as well as a wet room and mature gardens. The plan allows homeowners to secure the property for life, with no inheritance tax or capital gains tax to pay.