2 bedroom flat for sale

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2 bedroom flat for sale

Lockwood Crescent, Woodingdean, Brighton, East Sussex
£165,500

Price History

Initial price £172,000
05/02/25 £165,500
Price Change -3.78%

Description

This property is a first-floor flat in Woodingdean, available for purchase through a Home for Life Plan from Homewise. The plan allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, saving between 20% to 50% of the full market value. The market value of the property is £250,000, but the Lifetime Lease price is £165,500, based on an average saving of 33%. The property features a spacious lounge, kitchen, two bedrooms, and a balcony, with residents' parking and well-maintained communal grounds. There is no onward chain, making it an attractive option for first-time buyers, downsizers, or buy-to-let investors.