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Chipstead Close, Sutton SM2 1 bed flat
Chipstead Close, Sutton SM2
£125,500
Chipstead Close, Sutton SM2
£125,500
Our Summary
- Scope to improve and make your own
Description
This property, a second/top floor apartment in Belmont Heights, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The Lifetime Lease is available to those aged 60 or over, allowing them to purchase a share of the property value (up to 50%) to safeguard for the future. The cost of the Lifetime Lease is £125,500, which is less than the full market value of £190,000, resulting in a saving of 33%. The property itself is a spacious apartment with a lounge/diner, kitchen, bedroom, and bathroom, and benefits from allocated parking and being surrounded by plenty of off-street parking for visitors. The property is available with no onward chain, making it an attractive option for investors or first-time buyers.