1 bedroom flat for sale

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1 bedroom flat for sale

Cromwell Road, Whitstable, Kent
£119,000

Price History

Initial price £119,500
13/11/24 £119,000
Price Change -0.42%

Description

This 1-bedroom first-floor flat in Whitstable is available for purchase through Homewise's Home for Life Plan, which allows those aged 60 or over to secure the property with a Lifetime Lease and a share of the property value. The cost of the Lifetime Lease is £119,000, which is a saving of 33% compared to the market value of £180,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The property itself features an allocated parking space, communal garden, and a long lease in excess of 950 years. With a Home for Life Plan, customers can enjoy a secure and affordable way to own a property in their retirement, with the added benefit of a reduced price.