Summary - Flat 4 Appollo House, Illustrious Close ME5 7RN
1 bed 1 bath Ground Flat
Compact, manageable ground-floor flat for over-60s with Lifetime Lease option and parking.
Ground-floor one-bedroom flat, about 345 sq ft (compact layout)
This ground-floor one-bedroom apartment in Illustrious Close is offered chain free and suits buyers aged 60+ considering a Lifetime Lease via Homewise’s Home for Life plan. The building has a contemporary feel, allocated off-street parking and access to a communal garden — practical benefits for downsizers who want low-exertion outdoor space and easy parking.
The property is compact at around 345 sq ft and presented as a well-maintained, modern-style flat with double glazing. Heating is by mains gas with room heaters rather than full central heating; the apartment is best suited to buyers seeking a small, manageable home or an income-investment with minimal upkeep.
Important purchase detail: the full market price is £140,000 but Homewise’s Lifetime Lease guide price is shown at £93,000 (typical saving c.33%). Only those aged 60 or over are eligible for the Home for Life Lifetime Lease; actual Lifetime Lease price varies by age and circumstances and may allow purchasing up to a 50% share to safeguard value. If not using the Home for Life option, the property can be bought at market price.
Buyers should note the annual service charge (c. £1,483 average) and that the flat is leasehold with c.149 years remaining. The apartment’s small footprint and room-heater heating mean limited living space and potentially higher heating use compared with full central heating systems.
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