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
£119,000

Price History

Initial price £132,500
06/11/25 £119,500
17/11/25 £119,000
Price Change -10.19%

Description

This property is being offered as a Lifetime Lease through Homewise's Home for Life Plan, allowing individuals aged 60 or over to purchase a share of the property value to safeguard for the future. The cost of the Lifetime Lease is £119,000, which is a significant saving of 33% compared to the full 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 near Barking Town Centre and Barking Station. The flat is being sold chain-free and has residents' permit parking. The Home for Life Plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, and the price paid will vary depending on the customer's age, personal circumstances, and requirements.