Chain-free, low-maintenance living with parking and communal gardens.
Chain-free one-bedroom first-floor flat with separate kitchen
This one-bedroom first-floor flat offers a practical, low-hassle option for an over-60 buyer seeking a manageable home with outdoor space. Presented chain-free and currently tenanted at £1,150pcm, it suits someone wanting immediate rental income or a retirement base near Horley town centre and transport links.
The layout includes a separate kitchen, lounge/bedroom area and bathroom, plus allocated off-street parking and well-kept communal gardens. Built in the late 1970s, the building is straightforward and easy to maintain; the flat is compact at about 302 sq ft, so it’s best for a single occupier or as a rental unit rather than those needing generous living space.
Practical costs are clear: leasehold with 88 years remaining, average service charge about £1,279 pa and ground rent £60 pa. Heating is electric storage heaters and walls are partially cavity-insulated; consider heating costs and potential modernisation when budgeting. Crime levels in the area are above average and the neighbourhood scores as relatively deprived, which may affect long-term resale or tenant demand.
A Homewise Home for Life (Lifetime Lease) price guide is shown at £119,500 for eligible over-60s, typically reflecting a sizeable saving versus the market value of £180,000. This plan allows purchase of up to a 50% share to safeguard equity. Buyers should verify exact Lifetime Lease terms, actual personalised price, and their eligibility before committing.
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