1 bedroom flat for sale

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1 bedroom flat for sale

Sevenoaks Close, Romford, Essex
£145,000

Price History

Initial price £145,500
26/10/24 £145,000
Price Change -0.34%

Description

This property is being offered as a lifetime lease opportunity through Homewise's Home for Life Plan, specifically designed for those aged 60 or over. The plan allows buyers to purchase a share of the property value, up to 50%, to safeguard their future. The cost of the lifetime lease is £145,000, which is less than the full market value of £220,000, resulting in a saving of 33%. The property itself is a first-floor flat with good-sized rooms, a balcony, and convenient location for local amenities, schools, and transport links. The plan is not exclusive to the over-60s, and the property can be purchased at the full market value of £220,000 through Douglas Allen estate agents.