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The Heights, Rochester ME1 1 bed ground floor flat
The Heights, Rochester ME1
£103,000
The Heights, Rochester ME1
£103,000
Price History
Initial price | £109,500 |
07/07/25 | £109,000 |
06/09/25 | £103,000 |
Price Change | -5.94% |
Description
This property is being marketed by Homewise, a company that offers a "Home for Life Plan" for individuals aged 60 or over. The plan allows them to purchase a Lifetime Lease and a share of the property value, typically saving between 20% to 50% of the market value. The property itself is a ground-floor flat with gated parking, located in a sought-after area close to the historic High Street with high-speed station. The flat has a hallway, lounge/kitchen/diner, bedroom, and shower room. The market value of the property is £165,000, but with the Home for Life Plan, the Lifetime Lease price is £109,000, based on an average saving of 33%. This means that over-60s can secure the property with a lifetime lease for a significantly lower price than the full market value.