1 bedroom apartment for sale

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1 bedroom apartment for sale

Brighton Road, Redhill, Surrey
£148,500

Price History

Initial price £155,500
23/10/24 £155,000
12/11/24 £148,500
Price Change -4.50%

Description

This one-bedroom apartment on the first floor is available for purchase through the Home for Life Plan from Homewise, a lifetime lease scheme designed for those aged 60 or over. The plan allows homeowners to purchase a share of the property value (up to 50%) to safeguard for the future, with the cost of the lifetime lease typically being less than the full market value. The property itself features a modern kitchen, open-plan living area, and a spacious double bedroom with underfloor heating throughout. Located in a central area with allocated parking and bike storage, the apartment is just a short walk from Redhill Train Station and Town Centre. The market value of the property is £225,000, but with the Home for Life Plan, those aged 60 or over can purchase the property with a lifetime lease for £148,500, representing a saving of 33%.