Initial price	£192,000
09/04/25	£178,500
06/05/25	£178,000
Price Change	-7.29%

This property, a lovely ground floor apartment in Margate, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan. The plan allows individuals aged 60 or over to secure the property with a Lifetime Lease and a share of the property value, saving up to 50% of the market value. The Lifetime Lease price for this property is £178,000, based on an average saving of 33%, which is significantly lower than the market value of £270,000. The property itself features high ceilings, a walk-in wardrobe, and a large bathroom, and is located in a great area with the sea and shops and restaurants nearby.