Cliffe Walk, Sutton SM1 1 bed apartment for sale

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Cliffe Walk, Sutton SM1 1 bed apartment for sale

Cliffe Walk, Sutton SM1
£165,000

Price History

Initial price £165,500
02/07/25 £165,000
Price Change -0.30%

Description

This property is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease, a program designed for individuals aged 60 or over. The Lifetime Lease allows buyers to secure the property with a share of the value, typically saving between 20% to 50% of the market value. For this property, the Lifetime Lease price is £165,000, which is based on an average saving of 33%. The market value of the property is £250,000. The property itself is a well-presented first-floor flat with a lounge/diner, kitchen, bedroom, and bathroom, as well as an allocated parking space. It is located close to local amenities and transport links, making it an attractive option for first-time buyers, investors, or those looking to downsize.