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1 bedroom retirement property for sale
Finch Court, Lansdown Road, Sidcup, Kent, DA14
£63,000
Finch Court, Lansdown Road, Sidcup, Kent, DA14
£63,000
Price History
Initial price | £70,000 |
22/10/24 | £63,000 |
Price Change | -10.00% |
Description
This property is a one-bedroom retirement apartment located on the second floor of Finch Court, a development with 45 properties. The property is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan, which allows those aged 60 or over to secure a Lifetime Lease and a share of the property value. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future, with the cost to purchase the Lifetime Lease typically being less than the full market value. The market value of this property is £90,000, but with the Home for Life Plan, the customer could pay £63,000, saving 30%.