Hawthorn House, Tunbridge Wells TN2 2 bed apartment for sale

>

Hawthorn House, Tunbridge Wells TN2 2 bed apartment for sale

Hawthorn House, Tunbridge Wells TN2
£192,000

Our Summary

  • The property is currently being offered via shared ownership however there is potential to purchase further shares or at 100% value

Description

This property is a modern second-floor apartment located in the sought-after Knights Park development in Tunbridge Wells. It features a spacious open-plan lounge/diner and kitchen area with full-length windows and a Juliette balcony. The property is currently being offered through shared ownership, allowing buyers aged 60 or over to secure it with a Lifetime Lease from Homewise, a company that offers a Home for Life Plan. This plan allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future, often at a significantly lower cost than the full market value. The lifetime lease price for this property is £192,000, which is 33% less than the market value of £290,000. The plan provides a way for older buyers to secure their home and future without having to worry about rising property prices.