1 bedroom ground floor flat for sale

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1 bedroom ground floor flat for sale

Robin Hood Lane, Sutton, Surrey
£152,000

Our Summary

  • There is plenty of scope to improve and create a stunning home

Description

This period ground floor converted flat is available for purchase through a Home for Life Plan, which allows individuals aged 60 or over to secure the property with a lifetime lease and a share of the property value. The cost of the lifetime lease is £152,000, which is less than the full market value of £230,000, resulting in a saving of 33%. The property features period details such as high ceilings, cornicing, and a feature fireplace, and has plenty of scope for improvement. It is located just a few minutes' walk from the town centre and station, and comes with allocated parking and communal gardens. The Home for Life Plan allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future.