Hedgerows House, Morden SM4 2 bed flat for sale

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Hedgerows House, Morden SM4 2 bed flat for sale

Hedgerows House, Morden SM4
£225,000

Our Summary

  • Excellent investment opportunity

Description

This property, a well-presented third-floor flat, is located near Morden station and is part of a modern development. It features excellent-sized bedrooms and is suitable for first-time buyers or investors. The property is being marketed by Homewise, which offers a Home for Life Plan for those aged 60 or over. This plan allows customers to purchase a Lifetime Lease and a share of the property value, with the cost being less than the full market value. For example, for this property, the Lifetime Lease price is £225,000, which is a 33% discount on the market value of £340,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future.