Compact one-bedroom retirement flat in town centre — short lease, cash buyers preferred.
Chain-free first-floor retirement flat, over-55s only
A chain-free, first-floor retirement flat in the heart of Waltham Abbey, convenient for shops, cafes and local services. The one double bedroom layout is compact and practical, with good natural light in the living area and residents' off-street parking included.
This property suits a downsizer seeking town-centre convenience and low-mobility access to amenities. Heating is via electric storage heaters and the building has double glazing; the communal setting is neatly maintained and purpose-built for the over-55s.
Buyers should note the short remaining lease (60 years) and the likely difficulty in obtaining a mortgage as a result. The accommodation is dated in places — kitchen and bathroom reflect a 1970s/1980s fit and would benefit from modernization. Service charge is approximately £1, / year (£193.28 pcm) and there is no ground rent.
Overall, this flat offers immediate, low-maintenance town living for an over-55 purchaser able to buy without standard mortgage lending, or for a cash buyer prepared to update fixtures and decor to personal taste.
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