Papermill Place, Maidstone ME14 1 bed ground floor flat for sale

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Papermill Place, Maidstone ME14 1 bed ground floor flat for sale

Papermill Place, Maidstone ME14
£148,500

Price History

Initial price £159,000
08/08/25 £149,000
18/08/25 £148,500
Price Change -6.60%

Description

This property is being marketed by Homewise, which offers a Home for Life Plan that allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value. The plan allows customers to save between 20% to 50% of the market value, and the price of the Lifetime Lease for this property is £148,500, based on an average saving of 33%. The property itself is a luxury modern ground floor apartment located close to the town centre, motorway network, and River Medway, with a hallway, kitchen/lounge/dining area, balcony, bedroom, and bathroom. The property also comes with an allocated parking bay. The Home for Life Plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, and Homewise does not own the property, it is being marketed as an example of a property that can be purchased using the plan.