£98,500 /Sale price

SECURING THIS PROPERTY WITH A LIFETIME LEASEOVER 60s can secure this property with a HOME FOR LIFE from HOMEWISEThrough 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 £98,500 based on an average saving of 30%.Market Value Price: £140,000The 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 would like to purchase this age-restricted property at the full market value of £140,000, please contact the estate agent Cubitt & West.PROPERTY DESCRIPTIONThis spacious, bright and airy ground floor apartment is set within an attractive retirement development, benefiting from a long lease. Built in 1990's, it has its own Site Manager and also benefits from a 24-hour care line. There are lovely manicured communal gardens and parking for residents. Set in a highly desirable location, it is a short walk from Reigate station and town centre with a local church and an excellent mix of cafes, restaurants, shops and Priory Park. Offered with no onward chain. Testimonial from the owners family Mum really loved her flat and her little patch of the flowerbeds. She would often be out gardening and filling up her little bird bath. Being in Reigate made her so happy, especially being so close to the town, train station and Priory Park. Somers Place really was the ideal place for her retirement. Totally independent living but with the support of the on site estate manager when needed. Please refer to the footnote regarding the services and appliances.Room sizes:Entrance Hall: 10'9 x 5'1 (3.28m x 1.55m)Lounge/Dining Area: 13'10 x 11'10 (4.22m x 3.61m)Kitchen: 9'2 x 7'1 (2.80m x 2.16m)Bedroom: 11'11 x 11'1 (3.63m x 3.38m)Bathroom: 8'2 x 6'6 (2.49m x 1.98m)Resident ParkingCommunal Gardens 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. Suitable as a retirement home.