Suitable retirement home with Lifetime Lease savings for over-60s.
Three-bedroom mid-terrace, circa 862 sqft
This mid-20th-century terraced home in Southgate offers a comfortable, low-effort layout suited to downsizers and retirees. The accommodation includes an open-plan lounge and dining area, a refurbished kitchen and a recently refitted shower room, so it’s ready to move into. A secluded rear garden and shed provide private outdoor space without large maintenance demands.
For buyers aged 60+, the Home for Life Lifetime Lease can reduce the upfront cost substantially: guide price for the Lifetime Lease is £248,000 (typical saving c.33% against the full market price of £375,000). The plan allows purchasers to buy up to a 50% share to safeguard capital; the actual price varies by age and circumstances. The property is freehold and suitable as a retirement home.
Be clear about the trade-offs: the house sits on a small plot, was built in the 1950s–60s with cavity walls assumed uninsulated, and has double glazing fitted before 2002. Local indicators show above-average crime and higher area deprivation, which may affect long-term resale and running costs. Broadband and mobile signals are strong, and there is no flood risk.
This is a practical, newly renovated retirement-sized home close to local shops, schools, buses and healthcare. Early viewing is recommended, including a review of the Lifetime Lease calculator or a personalised quote to understand savings and any future obligations.
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