1 bedroom flat for sale

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1 bedroom flat for sale

Wellington Crescent, Ramsgate, Kent
£56,500

Price History

Initial price £63,500
24/05/25 £56,500
16/06/25 £56,000
07/07/25 £56,500
Price Change -11.02%

Description

This property is a third-floor retirement flat located on the East Cliff, offering stunning sea views of the English Channel. The flat is situated in Homefleet House, a welcoming community with regular social events. The property is being sold with a Lifetime Lease option, available exclusively to those aged 60 or over, through Homewise's Home for Life Plan. This plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, typically saving between 20% to 50% compared to the full market value. The current guide price for the Lifetime Lease is £56,500, based on an average saving of 33%, with the full market value being £80,000. The property features a shower room, bedroom, lounge/diner, and kitchen, and is being sold with no onward chain.