1 bedroom flat for sale

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1 bedroom flat for sale

Pier Avenue, Herne Bay, Kent
£89,250

Price History

Initial price £89,750
18/08/25 £89,250
Price Change -0.56%

Description

This stunning first-floor retirement flat, located in a desirable area with easy access to shops and the beach, is available for purchase through the Home for Life Plan from Homewise. The property features twin balconies off the main bedroom and lounge, as well as communal facilities, including gardens, a roof terrace, and a lounge. The plan allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the cost to purchase the Lifetime Lease being less than the full market value. For example, for this property, the Lifetime Lease price is £89,250, based on an average saving of 33%, compared to the market value of £127,500. This plan provides a safeguard for the future, allowing homeowners to secure their property and enjoy their retirement without worrying about rising property prices.