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Lucking Lane, Bognor Regis PO22 2 bed ground floor flat for sale
Lucking Lane, Bognor Regis PO22
£132,000
Lucking Lane, Bognor Regis PO22
£132,000
Price History
Initial price | £132,500 |
15/04/25 | £132,000 |
Price Change | -0.38% |
Description
This property, a ground floor apartment in Middleton-On-Sea, 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. The cost of the Lifetime Lease is less than the full market value, with an average saving of 33%. The property itself has a market value of £200,000, but the Lifetime Lease price for an over-60s buyer would be £132,000. The property features a private rear garden, garage, and off-road parking, making it a perfect first-time buy or investment opportunity.