1 bedroom flat for sale

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1 bedroom flat for sale

Harold Road, Cliftonville, Margate, Kent
£70,000

Price History

Initial price £73,000
24/10/24 £66,500
30/10/24 £66,000
06/11/24 £70,000
Price Change -4.11%

Description

This property is a second-floor retirement flat with a residential lounge and communal gardens, located close to local amenities and sandy beaches. The property is well-presented with a brand new kitchen, granite worktops, and integrated appliances. Over-60s can purchase the property with a Home for Life Plan, which allows them to secure the property with a Lifetime Lease and a share of the property value, typically saving between 20% to 50% of the full market value. The cost of the Lifetime Lease is £70,000, based on an average saving of 33%, which is less than the full market value of £100,000. The plan allows customers to purchase a share of the property value up to 50% to safeguard for the future.