Lifetime Lease option reduces upfront cost for over‑60s seeking a light, park-facing retirement home..
Westerly sun balcony with views over Egerton Park
Bright first-floor living room with bay window
Two double bedrooms; comfortable, traditional layout
Share of freehold; c.990 years lease remaining
Home for Life Lifetime Lease option for buyers aged 60+
Guide Lifetime price £120,250; market value £179,500
Service charge about £2,000 per year
Victorian solid brick walls; likely limited wall insulation
A bright, first-floor two-bedroom apartment with wide westerly views over Egerton Park. The living room’s bay window and a sun balcony capture afternoon light, while the kitchen/breakfast room and two well-proportioned bedrooms give comfortable, traditional layouts suited to retirement living. Gas central heating and double glazing are already in place.
This property is being shown as suitable for the Home for Life Lifetime Lease plan (available to purchasers aged 60+). The guide Lifetime Lease price is £120,250 (based on an illustrative 33% saving); full market value is £179,500. The plan allows buying up to a 50% share to protect capital for the future — actual price depends on age and circumstances.
Practical points to note: the flat sits in a Victorian mid-terrace with solid brick walls (likely without cavity insulation), and the annual service charge is approximately £2,000. The surrounding area scores high for deprivation and recorded crime is relatively high; however council tax is low and flood risk is low. Share of freehold with circa 990 years remaining.
This home suits an older buyer seeking a light, characterful apartment by the park and coast who values a Lifetime Lease option and is comfortable budgeting for service charges and potential period-property maintenance.
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