Initial price	£132,500
16/04/25	£119,500
29/04/25	£119,000
15/05/25	£112,000
Price Change	-15.47%

This property is a two-bedroom first-floor apartment located in Margate, within walking distance to the old town, shops, restaurants, and beaches. The property features an open-plan living and kitchen area, making it ideal for entertaining. The rooms are spacious, with the living area measuring 18'7 x 16'9, the bathroom 6'8 x 5'9, and the bedrooms 11'4 x 9'8 and 14'11 x 5'2. The property is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan, which allows those aged 60 or over to secure a property with a lifetime lease and a share of the property value. The cost of the lifetime lease is £112,000, which is a saving of 33% compared to the full market value of £170,000.