Summary - 16 BANKSIDE CHATHAM ME5 0BY
3 bed 1 bath Semi-Detached
Retirement-friendly home with low upkeep and off-street parking.
Freehold three-bedroom semi-detached house, approx 671 sq ft
A three-bedroom semi-detached house on Bankside offering practical accommodation and clear retirement appeal. The property is freehold with off-street parking, a low-maintenance rear garden and an open-plan lounge/diner that extends nicely to the garden. At about 671 sq ft the layout suits downsizers seeking manageable space with easy upkeep.
This house is offered as an example that can be purchased under Homewise’s Home for Life Lifetime Lease for buyers aged 60+. A guide Lifetime Lease price for eligible purchasers is £192,000 (market value £290,000); the actual price varies by age, circumstances and the percentage share chosen (up to 50%). If you are under 60 you can still buy at the full market price.
Practical strengths include mains gas central heating, double glazing, fast broadband and excellent mobile signal. The property sits close to local shops, green spaces and several well-rated primary and secondary schools, while the interior is described as ready-to-move-in with scope for cosmetic updating and personalisation.
Important considerations: the home is compact with a small plot and a single bathroom, and the surrounding area scores as deprived with higher local crime levels — factors to weigh for safety and resale. Buyers should verify all tenancy/tenure details, and check any works or appliance conditions before purchase.
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