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5 bedroom chalet for sale
Clarence Avenue, Palm Bay, Margate, Kent
£363,000
Clarence Avenue, Palm Bay, Margate, Kent
£363,000
Price History
Initial price | £396,500 |
22/10/24 | £396,000 |
24/10/24 | £363,000 |
Price Change | -8.45% |
Description
This chalet bungalow 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 individuals aged 60 or over to secure a share of the property value to safeguard for the future. The plan allows customers to purchase a share of the property value, up to 50%, and can save them between 20% to 50% of the full market value. The property itself is a stunning chalet bungalow with a sunny rear garden, main bedroom with dressing room and en-suite bathroom, and is walking distance to sandy beaches and coastal walks. The property has a guide price of £363,000 for those aged 60 or over, which is a significant saving compared to the full market value of £550,000.