Lifetime Lease option for over-60s with significant potential savings.
- Newly renovated in 2023 with new paint and bedroom carpets
- Open-plan kitchen/living space with integrated appliances
- Master bedroom with ensuite plus second modern bathroom
- Two allocated off-street parking spaces included
- Offered under Home for Life Lifetime Lease for over-60s
- Currently tenanted — rental income in place (may not be vacant)
- Leasehold terms, service charge and ground rent to be confirmed
- Local area: very high crime and very deprived — consider safety
A newly renovated two-bedroom apartment offering comfortable, low-maintenance living in central Southchurch. The flat was refreshed in 2023 with new paint and bedroom carpets, an open-plan kitchen/living area, ensuite to the master and a modern three-piece bathroom. Two allocated off-street parking spaces add convenience in a city-centre location.
This property is offered with the Home for Life Lifetime Lease option for buyers aged 60+, with a guide Lifetime Lease price shown at £147,500 (typical saving c.33% against the £220,000 market value). The plan lets qualifying purchasers buy a share of the property (up to 50%) to protect equity; exact price depends on age and circumstances. If you are under 60 you would pay the full market price.
Practical considerations are straightforward: average overall size at about 780 sq ft, no flood risk, excellent mobile signal and fast broadband. The apartment currently has tenants in place producing rental income, which may suit investors but means the property may not be vacant on completion. Service charge, ground rent and lease details should be checked and confirmed by your solicitor.
Location highlights include good local shops, easy walking access to the seafront (about 13 minutes), Southend East station (C2C line) and nearby parks and shopping. Note the area scores high for deprivation and local crime is recorded as very high; buyers should weigh local safety and community factors alongside the flat’s internal condition and financial options.
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