2 bed flat for sale

Malmstone Avenue, Merstham, Redhill, Surrey RH1

Securing this property with A lifetime leaseover 60s can secure this property with a home for life from homewise

Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value.
Over 60s customers typically save between from 20% to 50%*.

Home for Life Plan guide price for overs 60s: The Lifetime Lease price for this property is £172,000 based on an average saving of 33%.

Market Value Price: £260,000

The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.

For an indication of what you could save, please use our calculator on the homewise website.
Please call for more information or a personalised quote.
Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.

If you are not over 60 or would like to purchase the property at the full market value of £260,000, please contact the estate agent Cubitt & West.

Property descriptiona well-positioned ground-floor flat offering a rare private rear garden, this property combines convenience with great potential. The lounge opens directly onto the garden, creating an easy flow to the outdoors, with the added benefit of side access for practicality. A patio area provides a perfect spot for seating, dining, or simply enjoying the outside space.

Inside, the flat features two good-sized rooms and a layout that lends itself well to modernisation. Both the kitchen and bathroom offer clear scope for updating, giving the next owner the opportunity to add value and tailor the home to their own style.

Set in a good location close to local amenities and transport links, this property is ideal for anyone looking for a home with outdoor space and the chance to make it their own.

Room sizes:

• Entrance Hall
• Lounge 13'5 x 11'9 (4.09m x 3.58m)
• Kitchen 9'8 x 8'9 (2.95m x 2.67m)
• Bedroom 1 12'11 x 9'0 (3.94m x 2.75m)

• Bedroom 2 10'11 x 8'4 (3.33m x 2.54m)
• Bathroom
• Communal Garden
• Private Patio

The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.

We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Homewise, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Council Tax band: B

Tenure: Leasehold

Annual ground rent: £ 10

Annual service charge: £ 1200

Years remaining on lease: 100
Suitable as a retirement home.

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