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1 bedroom ground floor flat for sale
Mill Lane, Maidstone, Kent
£148,500
Mill Lane, Maidstone, Kent
£148,500
Price History
Initial price | £159,000 |
08/08/25 | £149,000 |
17/08/25 | £148,500 |
Price Change | -6.60% |
Description
This property is being marketed as an example of a luxury modern ground floor apartment that can be purchased using a Home For Life Lifetime Lease, a plan offered by Homewise for those aged 60 or over. The plan allows buyers to secure the property with a lifetime lease and a share of the property value, typically saving between 20% to 50% of the market value. The property itself is located close to the town centre and motorway network, and features a balcony, two bedrooms, and allocated parking. The market value of the property is £225,000, but the Lifetime Lease price for an over-60s buyer would be £148,500, based on an average saving of 33%.