Eden Court, Herne Bay CT6 2 bed ground floor flat for sale

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Eden Court, Herne Bay CT6 2 bed ground floor flat for sale

Eden Court, Herne Bay CT6
£89,500

Our Summary

  • PROPERTY DESCRIPTIONIn need of refurbishment but offering an investment opportunity to all cash buyers
  • Cash buyers only, reduced lease term

Description

This property is being offered as an investment opportunity to cash buyers, requiring refurbishment. The flat has its own front door and a small rear garden, with communal gardens also available. The property has four rooms, including a lounge, kitchen, bathroom, and two bedrooms. The Home for Life Plan from Homewise allows those aged 60 or over to purchase a Lifetime Lease and a share of the property value, potentially saving between 20% to 50% of the market value. The Lifetime Lease price for this property is £89,500, based on an average saving of 33%. However, this is not an exclusive offer for the over-60s, and the property can be purchased at the full market value of £135,000 through Wards estate agents.