Affordable, low-maintenance living for over-60s seeking central convenience.
Ground-floor one-bedroom, compact 394 sq ft layout
Private courtyard garden and allocated off-street parking
Home for Life Lifetime Lease example price £100,500 for 60+ buyers
Full market value £150,000; can be bought at full price
Service charge c. £1,022 pa; ground rent £150 pa
103 years remaining on the lease; tenure details to verify
Small property — ideal for single occupants or couples
No onward chain; central Old Town location with low crime
A compact, easy-to-manage ground-floor one-bedroom flat in Old Town, suited to downsizers or over-60 buyers seeking a central location and low-maintenance living. The living room is bright and connects to a small, modern kitchen; the bedroom is a true double with privacy. Outside, a private courtyard garden and allocated off-street parking make daily life straightforward.
This property is being marketed with a Home for Life Lifetime Lease example price of £100,500 for eligible buyers aged 60+, typically representing a significant saving against the full market value of £150,000. The scheme allows purchasers to buy a share (up to 50%) to safeguard part of the property value; actual price depends on age and personal circumstances. It can also be bought at the full market price by non-eligible buyers.
Practical running costs are clear: service charge approximately £1,022 per year, ground rent £150 per year and 103 years remaining on the lease. Council tax band B and low local crime add to the appeal, while broadband is average and the wider area is very affluent with good local amenities.
Note the flat is small (around 394 sq ft) and best suited to single occupancy or couples. Interested buyers should verify tenure and lease details with their solicitor and consider the Homewise calculator or a personalised quote to confirm affordability under the Lifetime Lease option.
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