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1 bedroom flat for sale
The Esplanade, Bognor Regis, West Sussex
£119,500
The Esplanade, Bognor Regis, West Sussex
£119,500
Our Summary
- Ideal 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 program designed for those 60 and over. The program allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, with the cost to purchase the Lifetime Lease typically being less than the full market value. For this property, the Lifetime Lease price is £119,500, representing a 33% saving on the market value of £180,000. The property itself is a second-floor flat with modern internal decoration, underfloor heating, and a balcony with sea views. It is located near the beach and town center, making it an ideal investment opportunity.