13 St. Mildred's Road, Ramsgate CT11 2 bed ground floor flat for sale

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13 St. Mildred's Road, Ramsgate CT11 2 bed ground floor flat for sale

St. Mildred's Road, Ramsgate, Kent
£66,500

Price History

Initial price £86,250
05/10/25 £85,750
09/11/25 £86,250
14/11/25 £66,500
Price Change -22.90%

Description

This property, a ground floor apartment on St Mildreds Road, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows those aged 60 or over to secure the property with a lifetime lease, with the option to purchase a share of the property value (up to 50%) to safeguard for the future. The cost of the lifetime lease is £66,500, which is less than the full market value of £100,000. The property features a private entrance, living area, and low-maintenance courtyard garden, and is in need of some modernization. The current lease term is 55 years, with the option to extend for an additional 90 years for an additional £24,300.