Francis Court, Erith DA8 2 bed ground floor flat for sale

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Francis Court, Erith DA8 2 bed ground floor flat for sale

Francis Court, Erith DA8
£165,000

Price History

Initial price £172,000
30/04/25 £165,500
09/05/25 £165,000
Price Change -4.07%

Description

This property, a ground floor flat with direct access to communal gardens and a River front location, 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 individuals aged 60 or over to purchase a share of the property value, up to 50%, to safeguard for the future, with the cost of the Lifetime Lease typically saving between 20% to 50% of the full market value. For this property, the Lifetime Lease price would be £165,000, based on an average saving of 33%, compared to the market value of £250,000. The plan is designed to provide a secure and affordable way for older individuals to purchase a home, and Homewise does not own the property, which is being marketed by Wards estate agents.