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
Price Change -9.81%

Description

This property is being offered as a Lifetime Lease opportunity through Homewise's Home for Life Plan, specifically designed for individuals aged 60 or over. The plan allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future, with the cost being less than the full market value. For this property, the Lifetime Lease price is £119,500, representing a 33% saving on the market value of £180,000. The property itself is a first-floor flat with an open-plan living area, two bedrooms, and a bathroom, located in a convenient spot with bus and road links to Barking Town Centre and Station. The property is being sold chain-free and is suitable for first-time buyers or buy-to-let investors.