Bute House, Sutton SM2 Studio for sale

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Bute House, Sutton SM2 Studio for sale

Bute House, Sutton SM2
£132,000

Price History

Initial price £132,500
16/08/25 £132,000
Price Change -0.38%

Description

This property, a second-floor studio flat 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 those aged 60 or over to secure a property with a lifetime lease, saving between 20% to 50% of the market value. For this property, the Lifetime Lease price would be £132,000, based on an average saving of 33%. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The property itself is a charming studio flat with a studio room, bathroom, and communal garden, making it a perfect property for a first-time buyer or investor.