Mortimers Lane, Fair Oak 2 bed retirement property for sale

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Mortimers Lane, Fair Oak 2 bed retirement property for sale

Mortimers Lane, Fair Oak
£125,000

Price History

Initial price £150,000
24/06/25 £125,000
Price Change -16.67%

Description

This charming two-bedroom top-floor retirement home is situated in the heart of Fair Oak, surrounded by attractive gardens. The property boasts a spacious open-plan lounge/dining room, a well-equipped kitchen, and two bedrooms to the rear. The interior also features an entrance hallway and a bathroom. With a 125-year lease and a remaining term of 92 years, this property offers a secure and comfortable living arrangement. The leaseholder will pay an annual ground rent of £60, payable in two instalments of £30, and an annual service charge of £3,587.38, payable in two instalments of £1,793.69, which includes water charges and use of the laundry area. With its convenient location and desirable features, this property is an attractive option for anyone looking for a relaxing and hassle-free retirement.