Initial price	£86,250
05/07/25	£85,750
Price Change	-0.58%

This property is a second-floor retirement home located in Margate, within walking distance to the beach, shops, restaurants, and bus routes. The property features a secure entry phone system, lift access, a residents' lounge, and communal gardens. The interior is well-presented and ready for immediate occupation. The Home for Life Plan from Homewise allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the option to safeguard up to 50% of the property for the future. The cost of the Lifetime Lease is typically lower than the full market value, with an average saving of 33%. The current guide price for the Lifetime Lease is £85,750, with the market value of the property being £130,000.