1 bedroom ground floor flat for sale

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1 bedroom ground floor flat for sale

Chelsea Gardens, Sutton, Surrey
£165,500

Price History

Initial price £178,500
08/08/25 £165,500
14/08/25 £165,000
05/09/25 £165,500
Price Change -7.28%

Description

This property, a lovely ground floor flat in Cheam, can be secured by those aged 60 or over through a Home for Life Plan from Homewise. The plan allows buyers to purchase a Lifetime Lease and a share of the property value, with the cost typically being less than the full market value. For this property, the Lifetime Lease price is £165,500, representing a saving of 33% compared to the market value of £250,000. The plan allows buyers to safeguard up to 50% of the property value for the future, and the price paid will vary depending on age, personal circumstances, and requirements. The property itself features a quiet location, direct access to communal gardens, and an allocated parking space, making it perfect for a first-time buyer or investor.