Park Road, Wallington SM6 2 bed maisonette for sale

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Park Road, Wallington SM6 2 bed maisonette for sale

Park Road, Wallington SM6
£231,500

Our Summary

  • Share of freehold and you also have a loft space which is excellent for storage or to potentially extend (subject to planning permission being obtained)
  • Potential to extend (subject to planning permission)

Description

This property, a well-presented first-floor maisonette in Wallington, is available for purchase through Homewise's Home for Life Plan, which allows individuals aged 60 or over to secure a Lifetime Lease and a share of the property's value. The plan allows customers to purchase a share of the property (up to 50%) to safeguard for the future, with the cost being less than the full market value. For example, the Lifetime Lease price for this property is £231,500, which is a 33% saving on the market value of £350,000. The property features a spacious lounge/diner, kitchen, two bedrooms, bathroom, and separate toilet, as well as a large private garden with a shed. The plan does not require a mortgage, and the property can be passed down to future generations.