Initial price	£80,000
16/08/24	£70,000
25/10/24	£60,000
Price Change	-25.00%

This retirement development, Dormer Lodge, is a popular and convenient location in the heart of Old Coulsdon, with all amenities including shops, parks, and public transportation within walking distance. The development itself offers a range of features, including a passenger lift, emergency call system, house manager, residents' lounge with kitchen, laundry room, guest suite, and visitors' parking. The property is a generous living space with a dual aspect lounge, located in a level and easily accessible area. While the property is leasehold with 60 years remaining on the lease, it is more suitable for cash buyers. The annual ground rent is £195 and the annual service charge is £3,682, with a review period from April 2024 to March 2025.