Chipstead Close, Sutton SM2 1 bed ground floor flat for sale

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Chipstead Close, Sutton SM2 1 bed ground floor flat for sale

Chipstead Close, Sutton SM2
£119,500

Price History

Initial price £132,500
20/09/25 £119,500
Price Change -9.81%

Description

This property, a ground floor flat in the Belmont Heights development in South Sutton, 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 individuals aged 60 or over to purchase a share of the property value, up to 50%, to safeguard for the future, with the cost typically being less than the full market value. The price to purchase the Lifetime Lease for this property is £119,500, which is a saving of 33% compared to the market value of £180,000. The property itself features a lounge, kitchen, bedroom, and bathroom, as well as off-street parking and communal gardens. With no onward chain to wait for, this is an ideal first-time purchase.