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Westmoreland Drive, Sutton SM2 2 bed flat for sale
Westmoreland Drive, Sutton SM2
£172,000
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.