1 bedroom apartment for sale

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1 bedroom apartment for sale

Hawthorn Road, Bognor Regis, West Sussex
£93,750

Price History

Initial price £94,250
14/05/25 £93,750
Price Change -0.53%

Description

This property is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan that allows those aged 60 or over to secure a property with a lifetime lease and a share of the property value. The property itself is a first-floor flat with a lounge, kitchen, bedroom, and bathroom, located in a convenient area with local shops and bus links nearby. The Home For Life Plan allows buyers to purchase a share of the property value, with the cost being less than the full market value, and offers a way to safeguard for the future. The lifetime lease price for this property is £93,750, which is 33% less than the market value of £142,000.