Summary - Flat 32, Riverside Court, 1 Chelwood Close E4 7UN
2 bed 1 bath Retirement Property
Well-maintained, move-in ready retirement flat with communal support and parking.
Two bedrooms, compact layout (approx. 542 sq ft)
Situated on the first floor of a quiet, purpose-built courtyard in North Chingford, this two-bedroom retirement flat offers a compact, recently modernised home for the over‑60s. The apartment is well presented throughout and benefits from double glazing, off‑street parking and attractive communal gardens for easy outdoor access.
Practical retirement features include an on‑site house manager, a communal lounge, 24‑hour emergency pull cords and a security entry phone system, providing day‑to‑day reassurance and community focus. The property is electrically heated with storage heaters and has a modest internal footprint of around 542 sq ft, suited to those seeking low‑maintenance accommodation.
Important lease and cost information: the flat is leasehold with 61 years remaining and a service charge of approximately £3,336 per annum (includes ground rent). The relatively short lease is a material issue — many mortgage lenders may decline to lend on this property, so cash buyers or specialist lenders should be considered.
Overall this is a practical, move‑in ready retirement apartment in a well‑managed development close to green space and local amenities. It will suit downsizers seeking security and community, provided they are comfortable with the lease length and ongoing service charge commitments.
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