2 bedroom ground floor flat for sale

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2 bedroom ground floor flat for sale

Sea Street, Herne Bay, Kent
£148,500

Price History

Initial price £149,000
26/12/24 £148,500
Price Change -0.34%

Description

This property, a spacious ground floor flat, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The Lifetime Lease, available to those aged 60 or over, allows homeowners to secure the property with a share of the value, saving between 20% to 50% of the market value. For this property, the Lifetime Lease price is £148,500, based on an average saving of 33%. The property features a separate lounge, private courtyard garden, and three bedrooms. The full market value of the property is £225,000, and those not eligible for the Home For Life Plan can purchase the property at this price.