1 bedroom flat for sale

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1 bedroom flat for sale

Cromer Road, Southend-on-sea, SS1
£127,250

Price History

Initial price £144,000
26/07/25 £134,000
13/09/25 £127,250
Price Change -11.63%

Description

This property is being offered through Homewise's Home for Life Plan, which allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost of the Lifetime Lease is always less than the full market value, with typical savings ranging from 20% to 50%. For this specific property, the Lifetime Lease price is £127,250, which is 33% less than the market value of £190,000. The property itself is a well-proportioned flat with an off-street parking space and access to a shared courtyard garden. While it may benefit from modernization, it provides a blank canvas for personalization and is located in a prime area close to local amenities, transport links, and Southend's seafront.