Long lease, strong transport links and a retirement-focused purchase option.
First-floor one-bedroom conversion, approx. 348 sq ft
This compact one-bedroom first-floor conversion sits a short walk from Ilford station and the Exchange shopping centre, offering quick Elizabeth Line access into central London and Heathrow. The flat has a long lease (circa 140 years), no onward chain and practical broadband and mobile connectivity — useful for staying connected in retirement.
The property is marketed with a Homewise Home for Life Lifetime Lease example price of £165,500 (guide only), compared with a full market value of £250,000. Over-60s can typically expect savings of around 20–50% depending on age and circumstances, or choose to buy up to a 50% share to protect future value. Exact terms and price vary by individual; use Homewise’s calculator or request a personalised quote to confirm.
Accommodation is small (approx. 348 sq ft) and will suit a single person or couple looking to downsize near local amenities. The bedroom and some interior elements show signs of neglect and will need renovation or updating; buyers should budget for light refurbishment. Leasehold tenure and Lifetime Lease options should be checked with a solicitor.
In short: a well-located, low-maintenance retirement option with strong transport links and long lease security, but limited space and some repair/modernisation required.
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