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Padnall Court, Romford RM6 3 bed flat for sale
Padnall Court, Romford RM6
£175,000
Padnall Court, Romford RM6
£175,000
Price History
Initial price | £175,500 |
30/04/25 | £175,000 |
Price Change | -0.28% |
Description
This property is a spacious first-floor flat with allocated parking, a balcony, and convenient bus links to Newbury Park station. It is being marketed by Homewise, which offers a "Home for Life Plan" that 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 typically less than the full market value, with an average saving of 33%. The property's market value is £265,000, but the price for a Lifetime Lease would be £175,000, which is a saving of £90,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future.