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
£56,500

Price History

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

Description

This property, a third-floor retirement flat on East Cliff with sea views, is being sold with a Home for Life Plan from Homewise, allowing individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value. The cost of the Lifetime Lease is £56,500, which is a 33% saving on the market value of £80,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future. The property itself has a welcoming atmosphere, with residents able to socialize and enjoy regular events. It features an entrance hallway, shower room, bedroom, lounge/diner, and kitchen. The information provided does not constitute an offer or contract, but rather a description of the property and the Home for Life Plan available to eligible individuals.