1. Property photo 1 of 12 Lounge/Diner
  2. Property photo 2 of 12 Bedroom 1
  3. Property photo 3 of 12 External (Web)

Guide price

£245,000

2 bed flat for sale
Bolters Lane, Banstead, Surrey SM7

    • 2 beds

    • 1 bath

    • 1 reception

  • Retirement
  • Chain free

Homewise Ltd

Logo of Homewise Ltd

About this property

  • Only over 60s are eligible for the Home for Life from Homewise (incorporating a Lifetime Lease)

  • Savings against the full price of this property typically range from 6% to 49% for a Lifetime Lease

  • Actual price paid depends on individuals’ age and personal circumstances (and property criteria)

  • Plan allows customers to purchase a % share of the property value (up to 50%) to safeguard for the future

  • Call for a personalised quote, or use the calculator on the homewise website for an indicative saving

  • The full listed price of this property is £350,000

  • Second floor retirement apartment with a lift to all floors

  • Refurbished to a high standard

  • Located at the top of Banstead High Street, walking distance to M&S and Waitrose

  • Communal Lounge, residents gym, laundry room and art room

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 6% to 49%*.

Home for Life Plan guide price for overs 60s: The Lifetime Lease price for this property is £245,000 based on an average saving of 33%.

Market Value Price: £350,000

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 £350,000, please contact the estate agent Cubitt & West.

Property DESCRIPTIONStunning retirement apartment in the heart of Banstead offering fantastic access to transport links and the vast array of shops and food outlets. The property has undergone complete refurbishment within the last few years and is now a beautiful, bright, modern apartment located on the second floor with that all important lift access!

With just under 750sqft of accommodation the apartment doesn't disappoint! The large lounge/diner overlooks the communal gardens that wrap around the building. The kitchen is simply stunning and has everything a keen cook could need! Both bedrooms are lovely size double rooms both of which have built in wardrobes and the bathroom has been converted to a shower room with a walk in shower!

Pegasus Court itself is well known and well regarded amongst Banstead residents due to being so well located for the High Street. Marks and Spencer food hall is across the road, Waitrose is within walking distance along with the High Street and its vast array of popular shops. There are several bus routes that stop around the corner that offer Buses into Epsom, Sutton, Reigate and Croydon.

Reisdents can enjoy living with like minded people, there is a communal lounge where coffee mornings take place, a small gym is onsite along with an art room, guest suite for family to stay in for a small fee and a laundry room.

Offered to the market chain free!

Please refer to the footnote regarding the services and appliances.

Room sizes:

  • Entrance Hall
  • Lounge/Diner 26'1 x 11'2 (7.96m x 3.41m)
  • Kitchen 7'7 x 6'6 (2.31m x 1.98m)
  • Bedroom 1 15'3 x 9'10 (4.65m x 3.00m)
  • Bedroom 2 15'3 x 9'3 (4.65m x 2.82m)
  • Bathroom
  • Residents Parking
  • Communal 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.


Council Tax band: E

Tenure: Leasehold

Annual ground rent: £ 418

Annual service charge: £ 4560

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

Stamp duty calculator

Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news

From 1st April 2025 £-

This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.

More information

See all recent sales in SM7

Property descriptions and related information displayed on this page are marketing materials provided by - Homewise Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Homewise Ltd for full details and further information.