First-floor two-bed in Ashfields — Lifetime Lease option for over-60s, lift and parking.
First-floor retirement flat with lift access
Large lounge/diner with elevated outlook
Main bedroom with en-suite bathroom
Compact second bedroom; single main bathroom + cloakroom
Lifetime Lease guide price £161,500 (indicative for over-60s)
Full market price £230,000; purchase/price depends on age and choice
Electric storage heating; average broadband speeds
Service charge £4,181 p.a. and leasehold (confirm details)
A spacious two-bedroom first-floor retirement flat in the well-regarded Ashfields development, offered with a Homewise Lifetime Lease option for purchasers aged 60+. The flat features a large lounge/diner with elevated views, a generous main bedroom with en-suite, fitted kitchen, separate cloakroom and built-in hallway storage. Lift access, communal conservatory, gardens and resident/visitor parking create a manageable, sociable setting for retired couples or singles.
This property is marketed with an indicative Lifetime Lease guide price of £161,500 (typical saving around 30% versus the full market price of £230,000), subject to individual circumstances and eligibility. The Lifetime Lease allows customers to purchase up to a 50% share to safeguard value; if buying at full market value the property remains available at £230,000. Chain-free and with a long lease (964 years remaining), the flat is straightforward to acquire where eligibility and terms match your needs.
Practical points to note: heating is by electric storage heaters and mains electricity is the main fuel; broadband speeds are average. The service charge is relatively high (£4,181), reflecting communal facilities and resident services including a resident manager and a 24-hour careline. The second bedroom is compact and the property is leasehold, so buyers should confirm service charge, lease and eligibility details with their solicitor before committing.
For downsizers seeking a secure, sociable retirement setting close to Reigate town centre and transport links, this flat offers comfortable living, communal support and scope to personalise. Verify eligibility and obtain a personalised Lifetime Lease quote if you are considering the Home for Life option.