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See how verdicts work1-bedroom flat · SM2 5RE
For saleListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
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 DESCRIPTIONPerched on the second floor of Kempston House, on The Downsway in South Sutton, this isn't your typical one-bedroom flat.
The current owners have a brilliant eye for interiors and have created a space that feels super stylish, with a contemporary look, calming neutral tones and the sort of finish we'd all happily move straight into.
The rooms are surprisingly generous, giving the apartment a much bigger feel than you might expect, while the modern kitchen and bathroom are both beautifully done and ready to be enjoyed from day one.
One of our favourite features has to be the private balcony. It's a lovely little extension of the living space, with room for seating and a peaceful outlook over tree-lined Downsway below.
Whether it's a coffee before work, a sunny weekend brunch or a glass of wine at the end of the day, we can easily picture it becoming one of the most-used spots in the home.
Practicality is well covered too, with a secure entry phone system, an allocated parking space to the rear and three visitor spaces for friends and family when they pop over.
The location strikes a great balance between being quiet and well connected.
Sutton Station is around half a mile away, making commutes into Victoria in around 30 minutes very manageable, while Sutton High Street is just a little further on.
From cafés, restaurants and gyms to supermarkets, the cinema and Oru Space & Rooftop, you're genuinely spoilt for choice when it comes to things to do locally.
The sellers are also in the process of extending the lease as part of the sale, so while there are currently 88 years remaining, this won't be the case by the time completion comes around.
All in all, we think this is exactly the kind of home that will appeal to someone looking for a space that feels a little more considered, a little more stylish and ready to slot straight into modern life.
Room sizes: Entrance Hall Lounge 19'2 maximum x 11'2 (5.85m x 3.41m) Kitchen 9'9 x 7'10 (2.97m x 2.39m) Bedroom 19'4 maximum x 11'5 maximum (5.90m x 3.48m) Bathroom 6'7 x 6'2 (2.01m x 1.88m) Balcony Allocated 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.
If buying to rent, please check if Local Authority licensing schemes apply before proceeding. 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: Leasehold Annual ground rent: £ 150 Annual service charge: £ 1870 Years remaining on lease: 88 Suitable as a retirement home.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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