Newly refurbished retirement flat with communal facilities — lease length may restrict mortgage options.
First-floor retirement flat — age-restricted to retirement residents
Newly refurbished throughout; ready for immediate occupation
Communal lounge, laundry, guest suite, gardens and parking bays
63 years remaining on lease — lenders may refuse mortgages
Electric storage heating; no gas central heating
Slow broadband speeds; not ideal for heavy internet users
Medium flood risk in the area
Close to West Wickham High Street, shops and rail links to London
This first-floor, one-bedroom retirement apartment sits within a small, well-kept block close to West Wickham High Street. Newly refurbished throughout, the flat offers a spacious lounge/diner, fitted kitchen, built-in bedroom wardrobes and a shower room — ready for immediate occupation by someone seeking low-maintenance living.
Communal facilities include a residents’ lounge, laundry room, guest suite, attractive communal gardens and off-street parking bays. The building is age-restricted to retirement residents, which helps maintain a quiet, community-focused environment and places local shops, buses and rail links to central London within easy reach.
Important lease information: there are 63 years remaining on the lease. This is a material funding risk — many mortgage lenders will refuse to lend on leases of this length, which may limit buyers to cash purchasers or those able to secure specialist lending. The flat uses electric storage heating and has slow broadband speeds; both factors should be weighed by buyers who need fast internet or prefer gas central heating.
Other practical notes: the property was built in the late 1980s, is double glazed, has very low local crime and a relatively affluent area setting. There is a medium flood risk for the area. Council tax is described as cheap. Buyers should verify lease-extension costs and service charges before committing.