Basinghall Gardens, Sutton SM2 2 bed ground floor flat for sale

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Basinghall Gardens, Sutton SM2 2 bed ground floor flat for sale

Basinghall Gardens, Sutton SM2
£237,500

Price History

Initial price £238,000
04/07/25 £237,500
Price Change -0.21%

Description

This property, a renovated ground floor apartment, is available for purchase through a Lifetime Lease program offered by Homewise, specifically designed for individuals aged 60 or over. The program, called Home for Life, allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future, with the option to save between 20% to 50% of the full market value. The current guide price for the Lifetime Lease is £237,500, based on an average saving of 33%, with the market value price being £360,000. The property itself is located in the heart of South Sutton, close to the high street and station, with a garage and residents' permit parking available. It features a spacious interior, including a lounge, dining area, kitchen, two bedrooms, and a bathroom, with direct access to a private balcony overlooking the communal gardens.