Secure gated two-bedroom first-floor flat with parking and communal garden.
Lifetime Lease option for buyers aged 60+ with typical savings shown
A well-proportioned two-bedroom first-floor flat in a private gated development close to Gidea Park station, offering secure living with allocated parking and a communal garden. The open-plan lounge/kitchen benefits from large windows and provides versatile space for relaxed living or entertaining. The principal bedroom includes an en-suite; the second bedroom works well as a guest room, hobby space or home office.
This property is offered as a Leasehold retirement home and can be bought using the Homewise Home for Life (Lifetime Lease) plan for purchasers aged 60+. The guide Lifetime Lease price shown is £281,000 (typical saving around 33% versus the full market price of £425,000), though the exact price depends on age and personal circumstances and can include purchasing up to 50% of the property value to safeguard equity.
Practical points to note: the lease has 115 years remaining, the monthly/annual running costs include a service charge (approx. £1,550) and a small ground rent (£200). The development was built in the 1980s and has double glazing and gas central heating. Local amenities and good transport links are nearby, but the area records above-average crime, so viewers should weigh security and suitability carefully.
This home suits over-60s seeking lower-cost entry via a Lifetime Lease, or buyers wanting a low-maintenance retirement base with easy access to transport and local services.
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