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

This property, a chain-free 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 those aged 60 or over to secure the property with a lifetime lease, with the option to purchase a share of the property value to safeguard for the future. The cost of the lifetime lease is £125,500, which is a saving of 33% compared to the market value of £190,000. The property is well-presented throughout and features high ceilings, making it an attractive option for those looking to live by the sea in Margate. With its convenient location near shops, restaurants, and the beach, this property is perfect for those looking to enjoy a relaxed lifestyle.