Summary - 3, Spriggs Oak, Palmers Hill CM16 6SE
2 bed 1 bath Terraced Bungalow
Manageable two-bed bungalow near High Street and station for over-60s.
- Two-bedroom terraced bungalow, chain free and suitable for retirees
- Homewise Lifetime Lease example price £280,500 (guide figure)
- Full market value £425,000; Lifetime Lease saves typically 20–50%
- Off-street parking and communal garden; very large plot
- Service charge approx. £1,008 per year; share of freehold tenure
- Solid brick construction likely with limited insulation (energy note)
- Single bathroom and compact kitchen; scope for modernisation
- Average broadband; excellent mobile signal, central location
A well-located two-bedroom terraced bungalow in Palmers Hill, a short walk from the High Street and Central Line station. The property offers off-street parking, access to a communal garden and chain-free sale — practical benefits for someone looking to downsize into a quiet, central location.
This listing is presented with the Home for Life Lifetime Lease option for those aged 60+. The guide Lifetime Lease price shown is £280,500 (typical saving around 33% against the full market value of £425,000). The plan lets buyers purchase up to 50% share to protect capital; the exact price depends on age and circumstances.
Internally the layout is traditional and straightforward: lounge/dining room, kitchen, two bedrooms and a single bathroom. The building dates from the early 20th century with period brickwork and sash-style features — attractive character but likely with solid brick walls and limited insulation, so heating costs and thermal performance should be considered.
Practical points: a service charge applies (around £1,008 pa) and broadband speeds are average. The bungalow is suitable as a retirement home or for someone seeking a manageable, centrally placed property with scope to update kitchens and bathrooms. All legal, lease and pricing details should be verified by your solicitor.
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