Hawthorn Court, Sutton SM1 2 bed ground floor flat for sale

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Hawthorn Court, Sutton SM1 2 bed ground floor flat for sale

Hawthorn Court, Sutton SM1
£198,500

Our Summary

  • In a highly sought after location with excellent transport links close by this is a perfect flat to put your own stamp on

Description

This property is a ground floor flat with a huge living space, double bedrooms, and a garage, located in a highly sought-after area with excellent transport links. The property is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan, which allows individuals aged 60 or over to secure a property with a lifetime lease and a share of the property value. The cost of the lease is typically less than the full market value, with savings ranging from 20% to 50%. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The market value of the property is £300,000, but the lifetime lease price for individuals aged 60 or over would be £198,500, representing a saving of 33%.