Studio flat for sale

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Studio flat for sale

Foxley Lane, Purley, Surrey
£122,000

Our Summary

  • Ideal first time buy or investment opportunity
  • Ideal first time purchase or investment opportunity

Description

This property, a stunning ground floor studio apartment in West Purley, is available for purchase through Homewise's Home for Life Plan, a lifetime lease option for those 60 or over. The plan allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future, with prices typically saving between 20% to 50% of the full market value. For this property, the lifetime lease price is £122,000, based on an average saving of 33%, compared to the market value of £185,000. The property features a bright and modern studio room, well-appointed kitchen, and shower room, as well as an allocated parking space and communal gardens. The Home for Life Plan is a unique opportunity for those 60 or over to secure their future and own a home, with the option to purchase a share of the property value.