1 bedroom ground floor flat for sale

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1 bedroom ground floor flat for sale

Victoria Street, Maidstone, Kent
£99,000

Price History

Initial price £99,500
04/05/25 £99,000
Price Change -0.50%

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 those aged 60 or over. The plan allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value, with savings ranging from 20% to 50%. The property itself is a bright and spacious ground floor apartment, located in a convenient area, with three bedrooms, a bathroom, kitchen, and lounge. The property is being sold chain-free and comes with allocated parking and communal grounds. The asking price for the Lifetime Lease is £99,000, based on an average saving of 33%, while the market value of the property is £150,000.