Summary - Flat 25 Cooper Lodge, 61, Massetts Road RH6 7DT
1 bed 1 bath Apartment
Comfortable low-maintenance home close to station and town centre.
Character-filled one-bedroom apartment, around 506 sq ft
Suitable only for over-60s on Homewise Lifetime Lease option
Guide Lifetime Lease price £165,500; market value £250,000
Sellers will extend the lease on completion
Leasehold with c.80 years remaining — lender risk possible
Service charge approximately £2,448 per year
Allocated off-street parking and attractive communal gardens
Electric underfloor heating; double glazing installed post-2002
This one-bedroom apartment in Cooper Lodge offers a low-maintenance, character-filled home in central Horley, convenient for the train station and town centre. At about 506 sq ft it suits a single owner seeking an easy lock-up-and-leave lifestyle in well-kept communal grounds with allocated parking.
The property is being marketed with the option of a Home for Life Lifetime Lease through Homewise for buyers aged 60+. That plan typically reduces the upfront cost compared with full market value; a guide Lifetime Lease price for this apartment is £165,500 (market value £250,000). Eligibility is restricted to over-60s and the actual price depends on age and circumstances; the plan can include purchasing up to a 50% share to safeguard value.
Practical points are clear: the sellers will extend the lease on completion, and the apartment has electric underfloor heating and double glazing. Prospective buyers should note the property is leasehold with an 80-year term currently and a service charge of about £2,448 per year; some mortgage lenders may be reluctant to lend on shorter leases. Council tax is moderate and flooding risk is low.
This is well suited to someone seeking a retirement base near transport links and amenities who values communal gardens and allocated parking. It offers immediate occupation with scope for personal styling, but buyers must verify lease, eligibility for the Lifetime Lease, and lender requirements before committing.
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