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2 bedroom ground floor flat for sale
Old Crossing Road, Margate, Kent
£125,500
Old Crossing Road, Margate, Kent
£125,500
Price History
| Initial price | £126,000 |
| 14/11/25 | £125,500 |
| Price Change | -0.40% |
Description
This property is a ground floor apartment that offers a private entrance, front garden, and communal garden. It is available for purchase through Homewise's Home for Life Plan, which allows individuals aged 60 or over to secure the property with a Lifetime Lease and a share of the property value. The cost of the Lifetime Lease is less than the full market value, with typical savings ranging from 20% to 50%. The property is priced at £125,500 for the Lifetime Lease, which is based on an average saving of 33%. The market value of the property is £190,000. The property features two bedrooms, a lounge, kitchen, and bathroom, as well as off-road parking and a shared garden at the rear. The property is being marketed by Homewise as an example of a property that can be purchased using the Home for Life Lifetime Lease, and is not exclusively for sale to over-60s.