Second-floor retirement flat with parking, balcony and 24-hour on-site support..
For buyers aged 60+ via Home for Life Lifetime Lease option
A well-presented second-floor retirement apartment in central Wallington, offered through a Home for Life Lifetime Lease for buyers aged 60+. The building has lifts to all floors, an allocated parking space, a balcony, and communal gardens. On-site 24-hour management, a residents' lounge and laundry room add convenience and low-maintenance living.
The Home for Life guide price for this property is £175,500 (illustrative saving ~30% against the full market price of £250,000). Actual Lifetime Lease cost varies by age, circumstances and any percentage of the property you choose to buy (up to 50%). The scheme is age-restricted: eligibility and final price require assessment.
Practical points to note: the apartment is a modest 609 sq ft (one bedroom, wet room) with 115 years remaining on the lease and is offered chain free. Service charge and running costs are substantial: annual service charge £10,055 and ground rent £435. Heating is via a community scheme, and broadband speeds are average — factors that may affect ongoing costs and comfort.
This flat suits someone seeking centre-of-town retirement living with onsite support and low external maintenance. If you prioritise convenience, communal facilities and the security of a Lifetime Lease option, this apartment presents clear advantages — but budget carefully for the high service charge and limited control over heating and some services.