Convenient, low-maintenance home ideal for downsizers seeking long-term security.
Ground-floor two-bed flat with long 936-year lease
Garage en-bloc included
Close to Sutton and Cheam stations and Overton Park
In catchment for outstanding and good local schools
Suitable for over-60s Home for Life Lifetime Lease option
Service charge circa £2,100 per year
Leasehold tenure — verify details with your solicitor
Market price £320,000; Lifetime Lease guide price £211,000 (over-60s)
Step into a spacious ground-floor two-bedroom flat with a long lease and private garage en-bloc, moments from Overton Park. The layout is traditional with a large lounge, separate kitchen, bathroom plus a separate WC — practical for everyday living or downsizing. Double glazing and gas central heating provide efficiency and comfort.
This property is being marketed with an option for over-60s to buy a Lifetime Lease through the Home for Life scheme. The advertised Lifetime Lease guide price for eligible buyers is £211,000 (typical saving around 33% against the £320,000 market value); the exact price depends on age and circumstances. If you are not eligible or prefer to buy outright, the full market price applies.
The flat sits in a very low-crime, very affluent area with excellent mobile and fast broadband, close to Sutton and Cheam stations and in the catchment of highly rated schools. Communal gardens offer outdoor space, while regular service charges (around £2,100 pa) and leasehold tenure are important ongoing costs to factor in.
Overall this is a practical, low-maintenance retirement or downsizing home with good local amenities and transport links. It suits buyers seeking ground-floor convenience and long-term security via a very long lease, though purchasers should budget for service charges and confirm all lease details with their solicitor.