1 bedroom ground floor flat for sale

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1 bedroom ground floor flat for sale

The Passage, Margate, Kent
£99,000

Price History

Initial price £99,500
05/05/25 £99,000
Price Change -0.50%

Description

This property is being offered as a Lifetime Lease through Homewise's Home for Life Plan, allowing individuals aged 60 or over to purchase a share of the property value to safeguard for the future. The Lifetime Lease price for this property is £99,000, which is a significant saving of 33% compared to the market value of £150,000. The property itself is a beautifully presented ground floor apartment with its own outside space, off-road parking, and a secure gated development. It's located in a great location, close to sandy beaches, restaurants, and local shops, making it an ideal choice for first-time buyers. The Home for Life Plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, and the price paid will vary according to the customer's age, personal circumstances, and requirements.