Summary - MARTLETS COURT FLAT 4 MONTARGIS WAY CROWBOROUGH TN6 1JF
1 bed 1 bath Ground Flat
Purpose-built assisted living with communal gardens and parking.
Lifetime Lease option for over-60s; purchase up to 50% share
A ground-floor one-bedroom retirement flat offering practical, low-maintenance living in a purpose-built assisted scheme. The apartment benefits from communal landscaped gardens, an on-site warden, a communal lounge and a 24-hour emergency call system for added peace of mind. An allocated off-street parking space and double glazing complete the practical package.
This property is available through a Homewise Lifetime Lease for over-60s, typically reducing the upfront cost compared with full market purchase. The guide Lifetime Lease price shown is £58,000 (market value £86,950) but the exact price depends on age and personal circumstances and can include purchasing up to a 50% share of the property value to safeguard capital.
Important practical points: the flat is small (approximately 339 sq ft) and shows some dated wear that would benefit from modernization. Heating is by electric storage heaters which can mean higher running costs compared with gas. Service charges and ground rent apply—current averages are £2,640 per year for service charge and £350 per year ground rent—so factor these into ongoing affordability.
Crucially, the lease has about 60 years remaining. This may restrict mortgage options as some lenders impose minimum lease-length criteria; buyers should have lease and finance suitability checked by their solicitor and mortgage adviser before committing. Overall, this is a straightforward, secure retirement property for someone seeking on-site support and low-maintenance grounds, provided they accept the smaller living space and the tenure considerations.
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