Summary - FOREST DENE COURT 92 CEDAR ROAD SUTTON SM2 5LP
1 bed 1 bath Flat
Over-60s Lifetime Lease opportunity in central Sutton with communal facilities and parking.
Lifetime Lease option for over-60s; guide price £63,500 (market £90,000)
Third-floor flat with lift, communal garden, residents' lounge and laundry
One double bedroom, shower room; approx 496 sq ft — modest size
Leasehold: 89 years remaining; verify terms with solicitor
Service charge c. £3,434 per year; ground rent c. £483 per year
Electric storage heating; dated décor — likely requires updating
Residents’ permit/off-street parking; central Sutton location and local amenities
Purchase subject to property/lease review; final price varies by age and circumstances
This one-bedroom third-floor flat in central Sutton is presented for sale through a Homewise Lifetime Lease aimed at buyers aged 60+. The advertised Lifetime Lease guide price is £63,500 (typical saving c.30% against the £90,000 market price), though the actual price depends on age, circumstances and any percentage share you choose. Purchase is subject to property and/or lease review.
The apartment offers a practical layout across about 496 sq ft: living room, kitchen, double bedroom and shower room. The building includes a lift, communal gardens, residents’ lounge, laundry room and residents’ permit/off-street parking — features that suit downsizers seeking communal amenities and easy access to local shops and transport in Sutton.
Important practical points: this is a leasehold retirement property with 89 years remaining, an average service charge of £3,434 pa and ground rent around £483 pa. Heating is by electric storage heaters and windows are double glazed (installation date unknown). The flat’s décor is dated and will require some updating to modern standards.
This will suit an over-60 buyer looking for a low-maintenance, centrally located retirement base with social facilities. It’s not a full-market purchase — read the Lifetime Lease terms and get a personalised quote to understand long-term implications, costs and resale considerations.
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