16 Mitcham Park, Mitcham CR4 2 bed flat for sale

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16 Mitcham Park, Mitcham CR4 2 bed flat for sale

16 Mitcham Park, Mitcham CR4
£185,000

Price History

Initial price £198,500
06/07/25 £185,500
18/07/25 £185,000
Price Change -6.80%

Description

This property is available for purchase through a Home for Life Plan, a lifetime lease scheme designed for those aged 60 or over. The plan allows buyers to purchase a share of the property value, up to 50%, to safeguard their future. The cost of the lifetime lease is £185,000, which is a significant saving of 33% compared to the market value of £280,000. The property itself is a spacious first-floor flat with large double bedrooms, located near local amenities and with easy access to London and Wimbledon. It also features a lounge/diner, kitchen, bathroom, communal garden, and off-road parking. This property is perfect for investors and first-time buyers alike, and offers a unique opportunity to secure a home for life.