Compact, low-maintenance one-bed with Lifetime Lease option for over-60s..
Chain-free third-floor retirement flat with lift access
This third-floor one-bedroom retirement flat sits within easy walking distance of Canterbury city centre and offers lift access and a communal garden for quiet outdoor time. The apartment is compact (approximately 341 sq ft) and arranged with a lounge/diner, small kitchen, bedroom and shower room — suitable for a single person or couple seeking low-maintenance city living.
The property is offered through a Lifetime Lease option for over-60s with Homewise: guide price £56,500 (indicative) against a £80,000 market value. The plan can reduce upfront cost by buying a share (up to 50%) of the property value, with the actual price depending on age and personal circumstances. Chain-free sale and communal facilities add convenience for downsizers.
Important practical points: 68 years remain on the lease — this may limit mortgage availability and should be verified by your solicitor. Annual ground rent is £560, heating is by electric storage heaters, and the building has double glazing installed before 2002. The property sits in an area recorded as having higher crime and medium flood risk; buyers should factor insurance and safety measures into ongoing costs.
This flat suits an over-60 buyer looking to reduce capital outlay while staying close to city amenities. It will appeal to those who prioritise location and low upkeep, but anyone seeking long-term security or mortgage finance should investigate lease implications and running costs carefully.
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