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1 bedroom flat for sale
Lenham Road, Sutton, Surrey
£185,000
Lenham Road, Sutton, Surrey
£185,000
Price History
Initial price | £185,500 |
19/08/25 | £185,000 |
Price Change | -0.27% |
Description
This property, a larger than average first-floor flat, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows those aged 60 or over to secure the property with a lifetime lease, which can save them between 20% to 50% of the full market value. For this property, the guide price for the Lifetime Lease is £185,000, based on an average saving of 33%. The property itself offers large living spaces, a private garden, and is ideal for first-time buyers or investors. The market value of the property is £280,000, but those eligible for the Home for Life plan can purchase a share of the property value, up to 50%, to safeguard for the future.