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Bute House, Sutton SM2 Studio for sale
Bute House, Sutton SM2
£132,000
Bute House, Sutton SM2
£132,000
Price History
Initial price | £132,500 |
16/08/25 | £132,000 |
Price Change | -0.38% |
Description
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Here is a summarized version of the property description in a single paragraph:
This charming second-floor studio flat is located in the sought-after area of South Sutton and is available for purchase through the Home for Life Plan from Homewise. The plan allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the cost typically being less than the full market value. For this property, the Lifetime Lease price is £132,000, representing a 33% saving on the market value of £200,000. The property itself features an entrance hall, studio room, and bathroom, as well as a communal garden. The Home for Life Plan provides a secure and affordable way for over-60s to purchase a home, with the option to purchase a share of the property value up to 50%.