1 bedroom ground floor flat for sale

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1 bedroom ground floor flat for sale

Park Court, Faversham, Kent
£105,000

Our Summary

  • In need of some cosmetic updating it is the perfect place to enjoy your retirement

Description

This property, a one-bedroom ground floor retirement home in Faversham, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property is in a small complex and is within easy reach of the town centre and mainline railway station. It is in need of some cosmetic updating, but is a great opportunity for someone to enjoy their retirement. The Home For Life Plan allows those aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the cost typically being less than the full market value. The price for this property would be £105,000, which is a saving of 33% compared to the market value of £150,000.
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