Lifetime Lease example for over‑60s with balcony and allocated parking nearby.
- Open-plan lounge/diner with private balcony and Juliet balcony
- Modern fitted kitchen with integrated appliances
- Master bedroom with fitted wardrobes and en-suite shower
- Allocated undercroft parking and communal gardens
- Leasehold: 112 years remaining; retirement tenure
- Service charge approx. £2,900/year; ground rent c. £300/year
- Compact overall size (~313 sq ft) - limited internal space
- Slow local broadband; cavity walls assumed uninsulated
A well-presented two-bedroom retirement apartment set on St. Anne's Drive, offered with a Home for Life Lifetime Lease example price for over-60s. The apartment benefits from an open-plan lounge/diner, a private balcony and a modern fitted kitchen with integrated appliances. The principal bedroom includes fitted wardrobes and an en-suite shower room; the second double is served by a family bathroom. Allocated undercroft parking and communal gardens add practical convenience.
This property is being shown with the Homewise Home for Life Lifetime Lease example price of £185,500 (guide saving around 33% from a market value of £280,000). The Lifetime Lease is available only to buyers aged 60 or over and allows purchase of up to 50% of the property value to safeguard a share for the future; actual Lifetime Lease cost depends on age and personal circumstances. If you do not meet the over‑60 requirement the property can be purchased at the full market price.
Practical points to note: the home is leasehold with 112 years remaining, a service charge averaging £2,900 pa and ground rent around £300 pa. The apartment is compact (approximately 313 sq ft overall), broadband speeds in the area are reported slow, and the building’s cavity walls are assumed to have no added insulation. These factors will affect running costs and should be checked before purchase.
Suitable for downsizing retirees seeking low-maintenance living close to Redhill town centre and the station, this property offers comfortable, modern accommodation with clear financial and tenure details to consider when assessing long-term suitability.