Summary - FLAT 5, 8 HIGHAM AVENUE, SNODLAND ME6 5GE
1 bed 1 bath Apartment
Compact, low-maintenance one-bedroom apartment with Lifetime Lease option for over-60s..
Second-floor one-bedroom apartment with balcony and garage
Suitable for over-60s via Home for Life Lifetime Lease option
Guide Lifetime Lease price £132,500; market value £200,000
Leasehold with c.105 years remaining
Service charge approx. £2,000 pa; ground rent £250 pa
Electric storage heaters (no gas); factor in running costs
485 sq ft — compact layout, best for single/couple downsizers
Fast broadband and nearby lakeside walks, gym onsite
Set within the Holborough Lakes development, this well-presented second-floor one-bedroom apartment offers comfortable, low-maintenance living ideal for over-60s downsizers. The lounge/diner opens onto a small balcony for morning light and the property includes a garage for secure parking or extra storage. Communal facilities and nearby lakeside walks add lifestyle appeal.
The Home for Life (Lifetime Lease) option from Homewise is available to purchasers aged 60+, typically reducing the entry cost versus full market price. Guide Lifetime Lease price shown is £132,500 (market value £200,000); actual price depends on age and individual circumstances and can include buying up to a 50% share to safeguard future value. If not using the Lifetime Lease route, the full market purchase route remains available.
Practical points are straightforward: the flat is leasehold (105 years remaining), heated by electric storage heaters and benefits from double glazing. Service charges and ground rent apply (service charge c. £2,000 pa; ground rent £250 pa) — budget these into ongoing costs. The apartment is a modest 485 sq ft, so it suits single occupancy or couples prioritising location and ease of upkeep over large living spaces.
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