Summary - 162b Richmond Road ME7 1LX
2 bed 1 bath Ground Flat
Spacious two-bed ground maisonette with Lifetime Lease option for over‑60s.
2-bedroom ground-floor maisonette with front garden and bay-front lounge
Lifetime Lease guide price £112,500 for eligible over-60s (typical saving)
Full market price £170,000; purchase at full price available
Long lease: 972 years remaining (leasehold)
Solid brick Victorian build; likely no wall insulation—consider upgrades
Mains gas boiler, double glazing, fast broadband, low local crime
Service charge and ground rent nominal; council tax very cheap
Images include virtual staging; appliances/services not guaranteed
This ground-floor two-bedroom maisonette offers comfortable, house-like living across two levels with a front garden and a spacious kitchen/diner. The layout — lounge with bay, two good-sized bedrooms and an upstairs bathroom — feels more like a small terraced home than a flat, which will suit buyers looking to downsize without losing space.
A notable opportunity for buyers aged 60+ is the Home for Life Lifetime Lease option: the guide Lifetime Lease price shown is £112,500 (typical saving around 33% against the full market price of £170,000). The plan can also allow you to purchase up to a 50% share to safeguard value for the future; the exact price depends on age and circumstances and must be confirmed with Homewise.
Practical positives include a long lease (972 years), double glazing, mains gas boiler with radiators, fast broadband and low crime in the area. The property is ready to move into but is a period build (circa 1900–1929) with solid brick walls assumed to lack insulation, so buyers should consider possible energy-efficiency improvements.
The flat sits in a busy, inner-city area with plentiful shops, eateries and public transport nearby, making everyday life convenient. While the neighbourhood is classified as deprived, local schools and amenities are accessible and the property’s low service charge, nominal ground rent and very cheap council tax reduce running costs. Buyers should verify tenure, services and appliance condition with their solicitor.
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