Heron Way, Wallington SM6 1 bed ground floor flat for sale

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Heron Way, Wallington SM6 1 bed ground floor flat for sale

Heron Way, Wallington SM6
£158,500

Price History

Initial price £159,000
09/11/25 £158,500
Price Change -0.31%

Description

This property is available for purchase through a Lifetime Lease from Homewise, a program designed for individuals aged 60 or over. The program, called Home for Life, allows buyers to secure a share of the property value to safeguard for the future, with prices typically 20-50% lower than the full market value. The property itself is a ground-floor apartment in a quiet development, presented in excellent condition with an allocated parking space. The apartment has an entrance hall, kitchen/lounge/diner, bedroom, and bathroom. The buyer will not own the property outright, but will have a lifetime lease, and Homewise will not own the property either. The market value of the property is £240,000, but the Lifetime Lease price for an over-60s buyer would be £158,500, based on an average saving of 33%.