5 bedroom detached house for sale

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5 bedroom detached house for sale

Leicester Avenue, Cliftonville, Margate, Kent
£495,000

Price History

Initial price £495,500
21/02/25 £495,000
Price Change -0.10%

Description

This property is a detached house in the desirable "Avenues" area, with off-road parking and a sunny rear garden perfect for entertaining. The house has a generous size, with five bedrooms, three bathrooms, a study, and a kitchen/breakfast room. 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 the property with a lifetime lease and a share of the property value. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future, and the cost to purchase the lifetime lease is always less than the full market value. The market value price of the property is £750,000, but with the Home for Life plan, the cost could be significantly lower, depending on the customer's age and personal circumstances.