5-bedroom house · CT18 8AR
Listing removedListed 76 days
Opportunity summary
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About
Securing this property with A lifetime leaseover 60s can secure this property with a home for life from homewise Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. Over 60s customers typically save between from 20% to 50%*.
Home for Life Plan guide price for overs 60s: The Lifetime Lease price for this property is £429,500 based on an average saving of 33%.
Market Value Price: £650,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the homewise website. Please call for more information or a personalised quote.
Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £650,000, please contact the estate agent Wards.
Property DESCRIPTIONLovely detached house tucked away in a quiet close with delightful tree lined gardens, double garage and ample parking.
This home will be perfect for a large family as there is plenty of room for everyone to have their own space without falling over each other.
The local pub 'The Gatekeeper' has a fantastic reputation for amazing food.
Set in the Kent Downs, an area of outstanding natural beauty, Etchinghill enjoys a delightfully rural feeling yet remains incredibly accessible to the nearby village of Lyminge with its village store, newsagent, pharmacy, church and pubs.
There is also an excellent primary school and bowls club. Also to Hythe and the larger town of Folkestone to the south (approx.
3.5 and 5 miles distant respectively) and to the North, the Cathedral City Of Canterbury (approx. 13 miles distant).
Etchinghill itself enjoys a highly regarded golf course and very well thought of village pub.
Bus stops are very close by where regular services to Canterbury can be found making access to higher education facilities, both state and public schools, very simple.
The Cinque Ports Town of Hythe, provides a wide range of amenities including 4 supermarkets (including Sainsbury, Aldi and Waitrose), a bustling High Street with various independent shops, cafes and restaurants, doctors and dentists surgeries, etc., together with a selection of sports and leisure facilities including golf courses and swimming pool.
The motorway network (M20, Junction 11) is within a relatively short drive from the property (approx 5 miles), providing easy access to the motorway network and the ferry port of Dover.
The Channel Tunnel Terminal is within a few minutes drive and mainline rail services are accessible at Folkestone including the high speed passenger service to London St Pancras with a journey time of under an hour.
Please refer to the footnote regarding the services and appliances.
Room sizes: Entrance Hall 10'2 x 9'8 (3.10m x 2.95m) Dining Room 11'3 x 9'8 (3.43m x 2.95m) Study 10'5 x 6'8 (3.18m x 2.03m) Lounge 15'9 x 15'4 (4.80m x 4.68m) Kitchen/Breakfast Room 19'0 x 15'4 (5.80m x 4.68m) Utility Room 6'5 x 5'9 (1.96m x 1.75m) Conservatory 15'4 x 11'10 (4.68m x 3.61m) Cloakroom Landing Bedroom 1 13'5 x 11'4 (4.09m x 3.46m) En-Suite Shower Room Bathroom 8'8 x 6'5 (2.64m x 1.96m) Bedroom 2 13'3 x 11'4 (4.04m x 3.46m) Bedroom 3 12'1 x 8'10 (3.69m x 2.69m) Bedroom 4 10'4 x 8'10 (3.15m x 2.69m) Bedroom 5 6'10 x 6'6 (2.08m x 1.98m) Double Garage Off Road Parking Front & Rear Gardens The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
If buying to rent, please check if Local Authority licensing schemes apply before proceeding. Legal advice should be taken to verify fixtures/fittings, planning, alterations and/or lease details.
Appliances & services are untested, dimensions are approximate and floor plans are not to scale. We are pleased to offer our customers a range of additional services to help them with moving home.
None of these services are obligatory and you are free to use service providers of your choice.
Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services.
If you choose to use a service provider recommended by Homewise, details of all referral fees can be found at the link below.
If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
Council Tax band: G Tenure: Freehold Suitable as a retirement home.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Canterbury Road Etchinghill, Folkestone
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