2 bedroom ground floor flat for sale

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2 bedroom ground floor flat for sale

Park Road, Herne Bay, Kent
£128,500

Price History

Initial price £142,500
10/08/24 £129,000
24/08/24 £128,500
Price Change -9.82%

Description

This property is being offered through the Home for Life Plan, a program designed for individuals aged 60 or over. The plan allows buyers to purchase a Lifetime Lease and a share of the property's value, with the option to safeguard up to 50% of the property for the future. The cost of the Lifetime Lease is typically less than the full market value, with customers typically saving between 20% to 50%. The property itself is a modern development located close to Memorial Park and the town center, with three bedrooms, an en-suite shower room, and an allocated parking space. The property's market value is £195,000, but the Home for Life Plan allows buyers to purchase the property for £128,500, based on an average saving of 33%.