Initial price	£139,000
19/06/25	£125,500
Price Change	-9.71%

This property, a two-bedroom ground-floor flat, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to secure a property with a lifetime lease, with the option to purchase a share of the property value (up to 50%) to safeguard for the future. The cost of the lifetime lease is less than the full market value, with an estimated saving of 33% for this property, priced at £125,500 compared to the market value of £190,000. The property itself is well-presented, with high ceilings, and is located close to shops, restaurants, and Margate's sandy beaches.