Initial price	£185,500
22/03/25	£165,500
Price Change	-10.78%

This luxurious apartment in Folkestone is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for those aged 60 or over. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, with the cost typically being less than the full market value. For this property, the Lifetime Lease price is £165,500, which is 33% less than the market value of £250,000. The property has been renovated to a high standard and is perfect for a first-time buyer, commuter, or rental investment, with a projected yield of 6.72%. The property is located in a picturesque area, close to railway stations and popular schools.