2 bed flat for sale

Prices Lane, 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 6% to 49%*.

Home for Life Plan guide price for overs 60s: The Lifetime Lease price for this property is £368,000 based on an average saving of 33%.

Market Value Price: £524,950

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 £524,950, please contact the estate agent Cubitt & West.

Property DESCRIPTIONThis beautiful first floor retirement apartment comes with a fully fitted kitchen, spacious living room, separate shower room and a large bedroom. The kitchen has been designed for practicality, with a fitted fridge/freezer and a waist-height oven to save bending down. There's also an integral washer/dryer fitted. The bedroom comes complete with fitted wardrobes as well as TV and telephone points, with even the smallest details considered. This stunning retirement development of one and two bedroom apartments is in a fantastic, central location, close to all the essential amenities and public transport. Colebrooke Lodge is home to 31 apartments and includes an Owners' Lounge with a built-in coffee bar, creating the perfect location for socialising with like-minded neighbours. The development is within easy reach of the local shops, supermarkets and tourist attractions, so you can enjoy an independent, active retirement.

Communal gardens are carefully landscaped, giving you the perfect place to relax and enjoy an afternoon cup of tea, without having to worry about the maintenance and upkeep that a large garden so often demands. The carefully designed Owners' Lounge comes complete with a coffee bar and is a popular feature, providing the perfect venue for entertaining, participating in activities organised by your Lodge Manager, or just relaxing with a book. Events include everything from fish and chip suppers, to tea dances, giving you the chance to socialise as much as you like throughout the year. The fully furnished Guest Suite provides an ideal space for your family and friends to stay over when visiting, while a lift to all floors is installed for your convenience.

This apartment comes complete with a 24 hour emergency Careline system, while a camera entry system is installed as standard, so you can feel safe and secure in your retirement. Intruder alarms and fire alarm systems are fitted throughout the Lodge, while a Lodge Manager is on hand to assist you with anything else you might need.

Stamp Duty Promotion Churchill Living will pay Stamp Duty in full. This offer is valid from 26th September 2024. Any reservations made prior to this date shall not be eligible for this offer. Available for properties that complete by Friday 6th June 2025 in order for this offer to apply. Stamp Duty will be paid on the stated purchase price - typically capped at £500,000 dependent on location, higher purchase values may be considered on a discretionary basis. Please liaise with your sales executive at your chosen development.

This offer is available on new apartments and not available on resale properties. Churchill Living reserves the right to withdraw this offer at any time without prior notification. The following locations are excluded from this promotion; Lymington (under construction), Bicester, Didcot, Drayton, Great Shelford, Hertford, Southwater, Staplehurst, Tonbridge and Aldridge.

Churchill promotions and marketing campaigns are only available when purchasing an apartment as an owner/occupier and are therefore excluded when purchasing a Homewise Home for Life Plan. Please liaise with your Sales Executive for more information in relation to your chosen apartment.

Room sizes:

• Entrance Hall
• Living Room 18'3 maximum x 11'1 maximum (5.57m x 3.38m)
• Kitchen 8'3 maximum x 8'1 maximum (2.52m x 2.47m)
• Bedroom 1 13'2 maximum x 9'6 maximum (4.02m x 2.90m)
• Walk-in Wardrobe 5'8 maximum x 4'2 maximum (1.73m x 1.27m)

• En-suite Shower Room 6'9 maximum x 5'7 maximum (2.06m x 1.70m)
• Bedroom 2 9'4 maximum x 9'3 maximum (2.85m x 2.82m)
• Bathroom 7'6 maximum x 6'9 maximum (2.29m x 2.06m)
• Off Road 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.

Tenure: Leasehold

Annual ground rent: £ 575

Annual service charge: £ 3516

Years remaining on lease: 994
Suitable as a retirement home.

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