Initial price	£88,500
22/02/25	£79,950
Price Change	-9.66%

This one-bedroom retirement flat is located in the Homeleigh House development, which offers a range of amenities and services for residents aged 55 and over. The property features a double bedroom with built-in wardrobe, a good-sized bathroom with full-size bathtub, and a lounge and kitchen area. The flat is currently occupied by a tenant until June 26 and has a rental yield of 9.5%. The development offers a range of facilities, including a communal lounge and kitchen, laundry room, guest facilities, and gardens, as well as off-street parking and a lift service to all floors. The property is located near a bus stop and has easy access to local amenities. The lease has 92 years remaining and the service charge is £3162 per annum, with a ground rent of £150 per annum.