Banstead Road, Caterham CR3 2 bed flat for sale

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Banstead Road, Caterham CR3 2 bed flat for sale

Banstead Road, Caterham CR3
£152,500

Price History

Initial price £172,000
23/08/25 £165,500
09/09/25 £165,000
17/10/25 £165,500
22/10/25 £152,500
Price Change -11.34%

Description

This property, a two-bedroom flat, is available for purchase through a Lifetime Lease program offered by Homewise, specifically designed for individuals aged 60 or over. The program, known as the Home for Life Plan, allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future. The cost of the Lifetime Lease is typically lower than the full market value, with a guide price of £152,500 for this property, which is 33% less than the market value of £230,000. The property itself is well-proportioned, with a bright and spacious lounge, two generous double bedrooms, and a separate fitted kitchen. It also benefits from well-maintained communal gardens and is located within walking distance to local shops and bus stops.