Cornwallis Road, Maidstone ME16 3 bed terraced house for sale

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Cornwallis Road, Maidstone ME16 3 bed terraced house for sale

Cornwallis Road, Maidstone ME16
£280,500

Price History

Initial price £281,000
14/05/25 £280,500
Price Change -0.18%

Description

This property, a beautifully presented Victorian terraced house, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to secure the property with a lifetime lease, purchasing a share of the property value to safeguard for the future. The cost of the lease is always less than the full market value, with customers typically saving between 20% to 50%. The property itself offers generous accommodation, including a hallway, lounge, dining area, kitchen, cellar, three bedrooms, and a bathroom, as well as front and rear gardens. The market value of the property is £425,000, but the price of the lifetime lease would be £280,500, based on an average saving of 33%.