1 bed flat for sale

Somers Close, Reigate, Surrey RH2

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 DESCRIPTIONThis spacious purpose-built ground floor apartment is ideally situated in a highly convenient location, just a short walk from Reigate town centre and mainline station. Offering comfortable and practical living, the property is perfect for first time buyers, downsizers, or investors alike with Share of Freehold and no onward chain. The accommodation comprises a bright and welcoming 19ft long living room, a well proportioned double bedroom, and a fitted kitchen with ample storage and worktop space. The bathroom has been recently refurbished and is finished in a neutral style. The property comes with a garage en bloc, providing valuable secure parking or additional storage-an increasingly rare benefit in such a central location. There is also additional parking for the residents. Located within a quiet residential development, set back from the road and approached via a secure gate, the apartment enjoys easy access to Reigate's wide range of shops, cafés, restaurants, and leisure facilities, while excellent transport links make commuting straightforward, with direct rail services to London.

Room sizes:

• Entrance Hall
• Living Room 19'7 x 10'5 (5.97m x 3.18m)
• Kitchen 10'6 x 7'3 (3.20m x 2.21m)
• Bedroom 11'9 x 10'7 (3.58m x 3.23m)

• Bathroom 7'2 x 6'6 (2.19m x 1.98m)
• Communal Gardens
• Garage-en-Bloc
• Residents Parking

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.

Legal advice should be taken to verify fixtures/fittings, planning, alterations and/or lease details. Appliances & services are untested, dimensions are approximate and floor plans are not to scale.

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: C

Tenure: Share of Freehold

Annual service charge: £ 2130

Years remaining on lease: 980
Suitable as a retirement home.