Westmoreland Drive, Sutton SM2 2 bed flat for sale

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Westmoreland Drive, Sutton SM2 2 bed flat for sale

Westmoreland Drive, Sutton SM2
£172,000

Price History

Initial price £185,500
02/12/25 £185,000
03/12/25 £171,500
28/12/25 £172,000
Price Change -7.28%

Description

This property, a first-floor flat in South Sutton, is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease. The Home For Life Plan from Homewise allows those aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost of the Lifetime Lease is less than the full market value, with typical savings ranging from 20% to 50%. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The property itself has great size bedrooms, a lounge with plenty of space, a separate kitchen, private balcony, garage en-bloc, and communal gardens. The price of the Lifetime Lease is £172,000, based on an average saving of 33%, compared to the market value of £260,000.