Homefleet House, Ramsgate CT11 1 bed flat for sale

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Homefleet House, Ramsgate CT11 1 bed flat for sale

Homefleet House, Ramsgate CT11
£56,000

Price History

Initial price £63,500
16/05/25 £56,500
18/06/25 £56,000
Price Change -11.81%

Description

This property, a third-floor retirement flat with sea views, is being sold with a Home for Life Plan from Homewise, allowing those aged 60 or over to purchase a Lifetime Lease and a share of the property value. The plan allows customers to safeguard for the future by purchasing a share of the property value, up to 50%, and the cost is always less than the full market value. For this property, the Lifetime Lease price is £56,000, representing a saving of 33% compared to the market value of £80,000. The plan does not require a deposit or mortgage, and residents can enjoy the amenities of Homefleet House, including social events and a welcoming atmosphere.