Initial price	£325,000
18/04/23	£275,000
06/02/25	£225,000
Price Change	-30.77%

This is a large, two-bedroom retirement apartment located in Caterham Valley, with a westerly aspect that benefits from natural light. The apartment is immaculately presented and features a spacious living room, separate kitchen, fully tiled shower room, and two equal-sized bedrooms, one with a built-in wardrobe. The apartment also has a communal lounge and kitchen, laundry room, guest suite, and communal gardens and patio. The development has a lodge manager and 24-hour careline and safety security. To qualify for residency, residents must be over 60 years old, and any second resident must be over 55 years old. The apartment is available on a 125-year lease, with a service charge of £5,448.57 per year and a ground rent of £789.58 per year. The council tax band is E, with a full amount of £2,738.32 per year.