1 bedroom apartment for sale

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1 bedroom apartment for sale

Magdalen Road, St. Leonards-On-Sea
£107,250

Price History

Initial price £117,250
17/10/24 £107,250
Price Change -8.53%

Description

This property is a one-bedroom hall floor apartment in Hastings, available for purchase through the Home for Life Plan from Homewise. The plan allows individuals aged 60 or over to secure a Lifetime Lease and a share of the property value, with the cost of the lease being less than the full market value. For example, for this property, the Lifetime Lease price is £107,250, which is a 33% saving on the market value of £160,000. The property itself is well-presented, with a long lease and share of freehold, and is located close to the town centre and train stations. It features a communal hallway, private entrance hall, open-plan bay-fronted main reception room, fitted kitchen, double bedroom, modern bathroom, and a useful walk-in storage room. The property also has a garden to the front and is being sold with no onward chain. Viewings are by appointment only.