Lifetime Lease example price £139,000 for over-60s (market value £210,000)
Chain free ground-floor flat with allocated parking in gated complex
Small overall size ~463 sq ft — best for downsizers or investors
Service charge ~£1,600 pa; ground rent £200 pa
Long lease: 134 years remaining
Electric room heaters (no central heating) — consider running costs
Very high local crime rate — check area security and insurance
Average broadband speeds; excellent mobile signal
A ground-floor, two-bedroom apartment offered chain-free and presented as a retirement-friendly option within a gated development close to Maidstone town centre and transport links. The property is being sold through a Homewise Home for Life Lifetime Lease example price of £139,000 for eligible over-60s (market value £210,000); actual price depends on age and circumstances. Allocated parking and communal areas add convenience for residents.
The layout includes an L-shaped lounge/diner, compact modern kitchen with integrated appliances, two bedrooms and a shower room. The flat is modest in size (approximately 463 sq ft) and suits downsizers or investors seeking a low-maintenance, ground-floor home with long lease security (134 years remaining).
Buyers should note practical drawbacks: heating is by electric room heaters rather than central heating, the development attracts a service charge averaging £1,600 pa and a ground rent of £200 pa, and the immediate area records very high crime levels. Broadband speeds are average and the flat will appeal most to those prioritising location and convenience over generous living space.
This property works well as a retirement move or rental investment—secure gated parking and proximity to Maidstone East station and the M20 are clear benefits. The flat is sold chain free and offers potential for light updating to improve comfort or rental yield.