Renovated ground-floor retirement flat with terrace, garage and Lifetime Lease option..
Lifetime Lease example price £231,500 (illustrative saving vs £350,000 market value)
Ground-floor two-bedroom flat with private terrace overlooking communal gardens
Newly renovated throughout; luxury kitchen and bathroom, contemporary finishes
Garage en-bloc plus residents’ permit parking included
Leasehold: 166 years remaining; ground rent £200, service charge £812
Average-sized 617 sq ft; single bathroom may suit downsizers, not large families
Built 1967–1975; cavity walls assumed uninsulated — potential energy upgrade needed
Chain-free sale; buyers must verify lease/service details with solicitor
Ideal for buyers aged 60+ looking to downsize without sacrificing quality or outdoor space. Recently renovated throughout, this ground-floor two-bedroom flat offers a contemporary kitchen and luxury bathroom, plus a private terrace overlooking well-kept communal grounds. A garage en-bloc and residents’ permit parking add practical convenience.
This property is offered with the Home for Life Lifetime Lease option from Homewise: an illustrative price of £231,500 (33% saving) is shown, though the actual Lifetime Lease price varies by age and circumstances. The full market value is £350,000; customers can buy up to a 50% share to safeguard funds for the future. Leasehold details: 166 years remaining, service charge £812 (below average) and ground rent £200.
Practical points to note: the flat is an average-sized 617 sq ft with one bathroom; the building dates from 1967–1975 and cavity walls are assumed uninsulated. The property is chain-free and sits in South Sutton within walking distance of shops, the station and several well-regarded schools. Buyers should verify tenure, service charge and specific lease terms with their solicitor prior to purchase.
This home suits a downsizer seeking low-maintenance, modern accommodation with outside space and long lease security. While recently refurbished and move-in ready, the age of construction and assumed lack of wall insulation are material considerations for future running costs or upgrades.
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