Summary - 12 ERIN COURT SWINDON SN1 4NS
1 bed 1 bath Apartment
Lifetime-lease example for over-60s, significant upfront saving potential.
Lifetime Lease example price £57,000; market value £85,000
This compact first-floor one-bedroom offers a practical, low-maintenance base tailored for buyers aged 60 and over. The open-plan living and kitchen area is bright with a large window and neutral finishes, while a separate bedroom, bathroom and handy storage make daily living straightforward. A small garden and good local amenities add convenience and community.
The property is being offered through a Home for Life Lifetime Lease example: a typical Lifetime Lease guide price here is £57,000 (market value £85,000). The plan allows eligible purchasers to buy up to a 50% share of the value, often reducing upfront cost by around a third depending on age and circumstances. This can suit cash buyers or those seeking to protect capital while retaining a home.
Buyers should note material limitations: the lease has 61 years remaining and mortgage lenders are likely to refuse lending on this term, so a mortgage may not be available. The service charge and ground rent are around £2,000 per year. The apartment is small (circa 310 sq ft) and may require downsizing of possessions. Interested parties must verify tenure and all details with their solicitor.
Overall, this property will suit an over-60s buyer seeking an affordable, low-upkeep home with lifetime-lease options, or a cash investor aware of lease and lending limitations.
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