Marriotts Wharf, Gravesend DA11 1 bed flat for sale

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Marriotts Wharf, Gravesend DA11 1 bed flat for sale

Marriotts Wharf, Gravesend DA11
£109,500

Our Summary

  • An excellent investment opportunity

Description

This property is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for those aged 60 or over. The Lifetime Lease allows buyers to secure the property with a share of the value, saving between 20% to 50% compared to the full market value. For this property, the Lifetime Lease price is £109,500, which is based on an average saving of 33%. The property itself is a flat with a lounge/diner, kitchen, bathroom, bedroom, and allocated parking space, located just a short walk from the river and train station. The property is not exclusively for sale to over-60s, and those under 60 can purchase it at the full market value of £165,000.