Low-maintenance one-bedroom with balcony and allocated parking.
Open-plan living with contemporary fitted kitchen
A compact, low-maintenance one-bedroom apartment set in a purpose-built block in Merstham, designed with retirement living in mind. The open-plan living/kitchen leads straight onto a private balcony, and the double bedroom and modern bathroom provide straightforward, comfortable accommodation for a single occupant or couple.
This property is available via the Homewise Home for Life Lifetime Lease for buyers aged 60+, with a guide Lifetime Lease price of £152,500 (market value £230,000). The plan typically delivers savings of around a third, though the actual price depends on age and personal circumstances. The apartment also offers allocated off-street parking and visitor spaces, and has good broadband and mobile signal.
Practical points to note: the home is leasehold (105 years remaining), carries an annual service charge of about £1,404 and a ground rent of £250. The local area records above-average crime levels; buyers should consider location safety and verify all details with their solicitor. The apartment’s 485 sq ft size and service costs suit downsizers or over-60 purchasers seeking a low-maintenance base or buy-to-let investors aware of retirement-lease restrictions.
Overall this is a tidy, modern retirement apartment with clear cost savings through a Lifetime Lease, balanced by ongoing charges, leasehold status and local area considerations. Interested parties should obtain a personalised Lifetime Lease quote and confirm tenure and costs before proceeding.
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