Chain-free, newly refurbished retirement flat with long lease and coastal charm.
Direct sea views from lounge/diner
A newly refurbished split-level second-floor flat with direct sea views from the lounge/diner, set within a Victorian red-brick building on Eastern Esplanade. The property offers long leasehold security (969 years remaining), chain-free sale, and modern heating via mains gas boiler with double glazing already fitted. Its layout includes three bedrooms and an open lounge/diner that maximises the coastal aspect, ready to move into for someone seeking a seaside retirement base.
This home is offered through a Lifetime Lease option for purchasers aged 60 and over (Home for Life). Typical Lifetime Lease savings versus full market value range from around 20–50%; a guide Lifetime Lease price for this property is £182,000 (market value £275,000), though the exact purchase cost will depend on age and personal circumstances. The plan allows buying up to a 50% share of the property value to safeguard funds for the future.
Practical points to note: the overall property footprint is small (approximately 797 sq ft) and the surrounding neighbourhood records higher crime levels and very high area deprivation. The building is older (circa 1900–1929) with solid brick walls likely uninsulated and double glazing installed before 2002, which may affect energy efficiency. Service charge and ground rent are low, and council tax is cheap, but buyers should verify all lease and service details with their solicitor.
This flat is suited to over-60s seeking a low-maintenance, seaside retirement home with coastal views and immediate occupation potential. Renovation potential is limited as the property is newly refurbished, but the split-level plan and bay windows retain period character alongside contemporary finishes.
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