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Darwin Court, Margate CT9 2 bed flat for sale
Darwin Court, Margate CT9
£60,000
Darwin Court, Margate CT9
£60,000
Price History
Initial price | £86,250 |
14/08/25 | £73,000 |
19/08/25 | £72,500 |
25/09/25 | £60,000 |
Price Change | -30.43% |
Description
This property is a second-floor retirement flat in Margate, available for purchase through Homewise's Home for Life Plan. The plan allows those aged 60 or over to secure the property with a Lifetime Lease and a share of the property value, saving between 20% to 50% of the full market value. The property features two bedrooms, a lounge, kitchen, and bathroom, as well as a communal garden and lounge. The flat is within walking distance to the sandy beaches and has plenty of storage space. The Home for Life Plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The cost to purchase the Lifetime Lease is £60,000, based on an average saving of 33%, which is less than the full market value of £90,000.