This property is a first-floor flat in Margate that 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 those aged 60 or over to purchase a share of the property value, with the cost being less than the full market value. For this property, the Lifetime Lease price is £73,000, which is a 33% saving on the market value of £110,000. The property itself is a chain-free flat that requires some updating, but has a balcony, generous room sizes, and is walking distance to Margate's beaches, shops, and restaurants. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future.