1 bedroom flat for sale

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1 bedroom flat for sale

Powis Road, Brighton, East Sussex
£158,500

Price History

Initial price £165,500
22/10/24 £159,000
04/11/24 £158,500
Price Change -4.23%

Description

This property, a well-presented flat in the sought-after Clifton Hill and Seven Dials area of Brighton, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. This unique program allows individuals aged 60 or over to secure a lifetime lease and a share of the property value, typically saving between 20% to 50% of the market value. The price of the lifetime lease for this property is £158,500, based on an average saving of 33%, compared to the market value of £240,000. The property itself features a spacious lounge, kitchen, bedroom, and bathroom, and is conveniently located just a short walk from Brighton train station and the city centre.