Echo House, Sittingbourne ME10 1 bed flat for sale

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Echo House, Sittingbourne ME10 1 bed flat for sale

Echo House, Sittingbourne ME10
£70,500

Price History

Initial price £81,000
03/08/25 £80,500
29/08/25 £70,000
06/09/25 £70,500
Price Change -12.96%

Description

This property is a second-floor retirement flat located in a sought-after development, close to local shops and amenities. It is being marketed by Homewise as an example of a property that can be purchased using their Home For Life Lifetime Lease plan, which allows individuals aged 60 or over to secure the property with 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. The cost of the lifetime lease is typically less than the full market value, with an average saving of 30%. The property itself has a market value of £100,000, but the lifetime lease price is £70,500, making it a more affordable option for those looking to secure their future.