Initial price	£192,000
09/04/25	£178,500
Price Change	-7.03%

This property is a lovely ground floor apartment in a great location in Margate, with the sea at one end of the road and eclectic shops and restaurants at the other. The property has high ceilings, a walk-in wardrobe in the principal bedroom, and a large bathroom, giving it a boutique feel. Those aged 60 or over can secure the property with a Home for Life Plan, which allows them to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost of the Lifetime Lease is always less than the full market value, with typical savings ranging from 20% to 50%. The current guide price for the Lifetime Lease is £178,500, based on an average saving of 33%, which is significantly lower than the market value of £270,000.