South Drive, Banstead SM7 3 bed detached bungalow for sale

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South Drive, Banstead SM7 3 bed detached bungalow for sale

South Drive, Banstead SM7
£512,000

Our Summary

  • This charming home requires modernisation throughout, presenting an excellent opportunity to create your dream living space with potential for significant extension (subject to relevant planning permissions)
  • Spacious detached bungalow in need of modernisation

Description

This property is a spacious detached bungalow in a peaceful cul-de-sac on the outskirts of Banstead Village, offering an excellent opportunity to modernize and extend the home. The property is being marketed by Homewise, which offers a Home for Life Plan, allowing individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, potentially saving between 20% to 50% of the market value. The Lifetime Lease price for this property is £512,000, based on an average saving of 33%, which is less than the full market value of £775,000. The property requires modernization throughout and has potential for extension, subject to relevant planning permissions. It is being sold chain-free and is ready for its next chapter.