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2 bedroom ground floor flat for sale
Selsea Avenue, Herne Bay, Kent
£66,500
Selsea Avenue, Herne Bay, Kent
£66,500
Our Summary
- PROPERTY DESCRIPTIONIn need of refurbishment but offering an investment opportunity to all cash buyers
- This property is for sale by the Modern Method of Auction
- Cash buyers only, reduced lease term
- For sale by Modern Auction - T&C's apply
Description
This property is being offered as an investment opportunity to cash buyers, in need of refurbishment. The flat has its own front door and a small rear garden, and is being sold through the Modern Method of Auction. The property is suitable for those aged 60 or over, who can purchase a Lifetime Lease through Homewise's Home for Life Plan. This plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, with prices typically saving between 20% to 50% of the full market value. The Lifetime Lease price for this property is £66,500, based on an average saving of 33%, compared to the market value of £100,000.