Summary - Goldfinch House Outwood Lane, Chipstead, Surrey CR5 3LU
2 bed 1 bath Ground Flat
Comfortable two-bed retirement flat with communal gardens and Lifetime Lease option for over-60s.
Two bedrooms with en suite to main bedroom
Ground-floor retirement apartment, built 2017
Lifetime Lease example price £297,500 (over-60s only)
Full market price £450,000; actual payment varies by age
Leasehold with 998 years remaining
Service charge £4,804 pa (above average)
Electric room heaters; no gas central heating
Small overall size — c.569 sq ft; slow broadband
A recently built ground-floor retirement apartment offering compact, low-maintenance living in a desirable Chipstead setting. The layout includes a generous lounge/diner, fitted kitchen, two bedrooms (main with en suite) and access to attractive communal gardens — well suited for someone looking to downsize without sacrificing comfort.
This property is being marketed with an example Home for Life Lifetime Lease price of £297,500 (guide based on an average saving of 33% against the market price of £450,000). The Lifetime Lease option is only available to those aged 60 and over and allows purchase of up to a 50% share; the actual price depends on age and personal circumstances. The flat is leasehold with 998 years remaining.
Practical points to note: the apartment uses electric room heaters rather than a mains gas system and broadband speeds in the area are reported as slow. Service charges are relatively high at £4,804 per year, reflecting communal services, on-site management and facilities. Parking, communal outdoor seating and a guest suite add convenience but the property’s overall size is small at approximately 569 sq ft.
This home suits buyers seeking a sociable, secure retirement setting close to local shops and transport links, with minimal maintenance and established on-site services. It will not suit those needing fast broadband, lower service costs, or buyers under 60 who wish to use the Home for Life pricing — full market purchase remains an option at the listed £450,000.
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