1 bedroom ground floor flat for sale

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1 bedroom ground floor flat for sale

Essex Road, Bognor Regis, West Sussex
£99,500

Price History

Initial price £109,500
15/02/25 £99,500
Price Change -9.13%

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This ground floor flat is available for purchase through Homewise's Home for Life Plan, which allows those aged 60 or over to secure a Lifetime Lease and a share of the property value. The Lifetime Lease price for this property is £99,500, representing a saving of 33% compared to the market value of £150,000. The property itself is a one-bedroom flat with a lounge, kitchen, bedroom, and bathroom, and benefits from good transport links and a sunny garden. It's an ideal first-time buy or buy-to-let investment, with a potential rental yield of 6.8%. A new lease will be created upon completion of the purchase, and Homewise does not own the property, which is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease.