Chain-free retirement flat with Lifetime Lease example and good Elizabeth Line links.
Chain free second-floor flat with long 150-year lease
A compact three-bedroom second-floor flat in Maple Court, Spring Close, offered chain free with a long 150-year lease. The living room is roomy for the building’s scale and the kitchen is modern fitted; the bathroom has been recently replaced by the current owners. Residents have access to a communal garden and off-street permit parking.
This property is being promoted with a Home for Life Lifetime Lease example for buyers aged 60+: a guide Lifetime Lease price of £208,500 (based on an average 33% saving) versus the full market price of £315,000. The plan allows purchasers to buy up to a 50% share to protect some value for the future; exact terms vary by age and circumstances.
Important practical points: the flat is small (approx. 431 sq ft) with modest bedroom sizes, electric storage heaters and double glazing installed before 2002. Service charges average £1,585 per year. The wider area is classed as deprived with above-average local crime — factors to weigh against the property's transport links, including good bus routes and proximity to Chadwell Heath/Elizabeth Line.
Ideal for an over-60 buyer using the Lifetime Lease scheme, or a first-time buyer/investor seeking a compact, chain-free flat near commuter links. The property will suit someone looking for an affordable, low-maintenance home rather than large living spaces; any buyer should verify all lease, service charge and condition details with their solicitor.