Lifetime Lease option reduces upfront cost for eligible over‑60s.
Freehold Tudor‑style terraced house with period features
Home for Life Lifetime Lease price example £314,000 (guide)
Full market value listed at £475,000 for comparison
Three bedrooms; dual‑aspect master and downstairs bathroom
Conservatory with direct garden access; small manageable garden
Compact 802 sq ft and small plot — limited living space
Area described as very deprived; local crime above average
Excellent mobile and fast broadband; good transport links
This Tudor‑style terraced house in Shirley offers characterful living in a compact, manageable footprint — well suited to over‑60s seeking a retirement step. The Home for Life Lifetime Lease provides an alternative purchase route, with a guide Lifetime Lease price of £314,000 (typical saving ~33% versus the £475,000 market value); actual cost depends on age and circumstances and can include buying up to a 50% share to safeguard value.
Inside, the layout is practical: a dual‑aspect master bedroom, three bedrooms in total, a downstairs bathroom and a conservatory opening onto a small rear garden. The property benefits from freehold tenure, good broadband and mobile signal, and convenient transport links into Croydon, Beckenham and Bromley.
Buyers should note the home is compact at about 802 sq ft on a small plot, with just one bathroom and an overall small room count — factors that limit space for large furniture or extensive entertaining. The area shows higher crime levels and is described as very deprived, which may influence resale or rental prospects.
This property is presented as suitable for retirement living or downsizing with period charm and low garden upkeep. The Lifetime Lease option may significantly reduce upfront cost for eligible over‑60s but will vary per individual — obtain a personalised quote or use the Homewise calculator for an estimate.
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