The Farrows, Maidstone ME15 2 bed ground floor flat for sale

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The Farrows, Maidstone ME15 2 bed ground floor flat for sale

The Farrows, Maidstone ME15
£132,000

Price History

Initial price £139,000
17/05/25 £132,000
Price Change -5.04%

Description

This property is being offered as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for individuals aged 60 or over. The plan allows them to secure the property with a lifetime lease and a share of the property value, which can save them up to 50% of the market value. The property itself is a well-presented ground-floor apartment with a bright and airy feel, convenient parking, and nearby outdoor space. The room sizes are as follows: entrance hall, two bedrooms, en-suite shower room, bathroom, and lounge/kitchen. The property can be purchased at a reduced price of £132,000, which is 33% less than the market value of £200,000. However, this offer is only available to those aged 60 or over, and those who are not eligible can purchase the property at the full market value.