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
£185,500

Price History

Initial price £198,500
06/07/25 £185,500
Price Change -6.55%

Description

This property is being offered as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for those aged 60 or over. The plan allows customers 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 £185,500, based on an average saving of 33%, compared to the market value price of £280,000. The property itself is a spacious first-floor flat with large double bedrooms, located close to London and Wimbledon, and features a lounge/diner, kitchen, two bedrooms, and a bathroom. The property also has a communal garden, off-road parking, and is close to local amenities.