13 Russell Hill, Purley CR8 2 bed ground floor flat for sale

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13 Russell Hill, Purley CR8 2 bed ground floor flat for sale

13 Russell Hill, Purley CR8
£198,500

Price History

Initial price £221,500
05/07/25 £221,000
07/09/25 £215,000
30/10/25 £198,500
Price Change -10.38%

Description

This property is a ground floor apartment with a lifetime lease available through Homewise's Home for Life Plan, designed for those 60 and over. The plan allows homeowners to purchase a share of the property value, up to 50%, to safeguard for the future, with the cost being less than the full market value. For this property, the lifetime lease price is £198,500, a 33% saving on the market value of £300,000. The property features an en-suite shower room, fitted wardrobes in bedroom one, a large modern kitchen, and a lounge area with doors opening to a Juliet balcony with stunning views. It also comes with an allocated covered parking space and communal gardens. The plan allows homeowners to purchase a share of the property value, with the option to purchase up to 50% of the property.