Summary - CAVENDISH COURT, 15 FLAT 50 HOLMWOOD GARDENS WALLINGTON SM6 0HD
1 bed 1 bath Flat
Compact one-bed retirement flat with communal facilities and Lifetime Lease option for over-60s.
Second-floor retirement flat with lift and communal facilities
A compact second-floor retirement flat in the heart of Wallington, offered with the option to buy via Homewise’s Home for Life Lifetime Lease for purchasers aged 60+. The building provides practical communal facilities — lounge, laundry, guest suite, lift and residents’ parking — and is arranged as a one-bedroom apartment with a separate kitchen and shower room.
The accommodation totals about 374 sq ft and will suit someone looking to downsize or secure housing with a lifetime lease arrangement. The flat has double glazing and electric storage heating; the layout is straightforward but the living room and kitchen show dated finishes and would benefit from modernisation to suit contemporary tastes.
Lease and running costs are material factors: the listed market price is £160,000 while a typical Home for Life Lifetime Lease indication for this property is £112,500 (saving depends on age and circumstances). Lease has about 102 years remaining; current annual service charge and ground rent are approximately £3,473 and £391 respectively. No onward chain and good communal grounds add convenience, but total costs and the Lifetime Lease structure should be checked with solicitors and Homewise for clarity.
This flat is best for a purchaser over 60 seeking low-maintenance communal living close to local amenities, or an investor interested in retirement accommodation. Note images marked “Virtual Stager” are for styling only and the flat will need some cosmetic updating and possible appliance checks before move-in.
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