Chelmer Crescent, Barking IG11 2 bed flat for sale

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Chelmer Crescent, Barking IG11 2 bed flat for sale

Chelmer Crescent, Barking IG11
£119,500

Price History

Initial price £132,500
06/11/25 £119,500
17/11/25 £119,000
16/12/25 £119,500
Price Change -9.81%

Description

This property, a first-floor flat, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to purchase a share of the property's value, up to 50%, to safeguard for the future. The cost of the Lifetime Lease for this property is £119,500, which is a 33% saving on the market value of £180,000. The property features an open-plan living area, two bedrooms, and a bathroom, with residents' permit parking available. It is being sold chain-free and is ideal for first-time buyers or buy-to-let investors.