Compact low-maintenance flat with on-site support and Lifetime Lease option for over-60s.
Chain-free retirement flat with on-site manager and communal garden
This compact two-bedroom retirement flat sits on the top floor of a well-maintained 1980s development in Godinton Park. It’s offered chain-free and benefits from an on-site manager, communal garden and easy access to local shops and amenities. The property has newly fitted carpets and a recently installed stairlift to aid access.
The property is being marketed with an option to buy a Lifetime Lease through Homewise for over-60s. Typical savings versus the full market price range from 20%–50%; an indicative Homewise guide price for this flat is £98,500 (market value £140,000). The exact price depends on age, circumstances and the percentage share you choose to safeguard.
Practical costs and constraints are clear: an average annual service charge of £2,976 and a ground rent of £100 apply, and the lease has 89 years remaining. The flat is small (about 480 sq ft) so it will suit buyers wanting low-maintenance living rather than larger family accommodation. Buyers should verify all lease and service charge details with their solicitor.
This is a straightforward option for someone downsizing who values on-site support, a social communal hub and the potential financial uplift of a Lifetime Lease. Note that appliances and services are not guaranteed and interested parties must confirm condition and legality of adaptations and services.
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