Summary - OAK LODGE, 56 FLAT 15 CAMBRIDGE ROAD LONDON E11 2PS
1 bed 1 bath Retirement Property
Chain-free retirement flat near Wanstead High Street — ready to occupy or update to your taste.
Chain-free first-floor retirement apartment, approx. 472 sq ft
One double bedroom with built-in wardrobes
Residents’ facilities: lounge, laundry, gardens, lift, parking
Service charge £3,816 per year; factor into running costs
Leasehold with 66 years remaining—may restrict mortgage options
Electric storage heating; no mains gas, consider energy costs
Very slow broadband speeds—connectivity upgrade likely needed
Walking distance to Wanstead High Street and local bus routes
This chain-free, first-floor retirement apartment in Oak Lodge offers a comfortable one-bedroom layout (approx. 472 sq ft) designed for residents aged 55+. The double bedroom has built-in wardrobes and the lounge/diner benefits from large windows overlooking landscaped communal gardens, creating a pleasant, light-filled living space. Communal amenities include a residents’ lounge, laundry room, lift, gardens and off-street parking for convenience and social life.
Practical points to note: the property is leasehold with 66 years remaining. That remaining term may limit mortgage options—some lenders refuse to lend on shorter leases—so buyers should check financing before committing. The service charge is £3,816 per year; factor this into running costs along with electric storage heating and a Council Tax Band B rating.
The flat is well placed for local life, within walking distance of Wanstead High Street and on a local bus route, making shops and amenities easy to reach without driving. Broadband speeds are reported as very slow, and the heating is electric storage heaters, so there may be scope (and cost) to upgrade services. For downsizers seeking low-maintenance living or investors looking for a compact retirement unit, this apartment offers ready occupancy but will benefit from attention to energy and connectivity improvements.
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