Single-storey living with expansion potential for age 60-plus buyers.
- Lifetime Lease example price £280,500 for over-60s (market £425,000)
- Eligible Homewise Lifetime Lease purchasers must be aged 60 or over
- Three bedrooms, single bathroom, approx 776 sq ft (compact layout)
- Off-street parking, outbuilding and good-size rear garden
- Potential to extend and improve subject to planning permission
- Exterior dated; landscaping and maintenance required
- Solid brick walls assumed, limited built-in insulation
- Freehold tenure; convenient road links and good public transport
A compact three-bedroom semi-detached bungalow on Straight Road, offered with an example Lifetime Lease price for buyers aged 60+. The property sits on a decent plot with off-street parking, an outbuilding and a good-sized rear garden. The comfortable lounge/diner and modern kitchen give immediate live-in appeal while the overall footprint of about 776 sq ft keeps maintenance manageable.
This home is being shown with a Homewise Home for Life illustrative price of £280,500 (typical saving around 33% versus the full market price of £425,000). The Lifetime Lease option lets eligible purchasers buy a share of the property value (up to 50%) to reduce upfront cost; the actual price will vary by age and personal circumstances. If you are under 60 you may still purchase at the full market price.
There is clear potential to extend and improve, subject to local planning permission, which could increase space and future resale value. Notable drawbacks include dated exterior landscaping and general exterior maintenance; the property is built with solid brick walls (no cavity insulation assumed) which may limit insulation options. The home has one bathroom and modest room sizes, so it will suit buyers seeking single-storey, low-maintenance living rather than large-family space.
For downsizers seeking a single-level home near road links (A12, A127, M25) and a mile from Harold Wood station, this bungalow offers practical comfort now and scope to personalise later. Interested parties should verify tenure, planning history and measurements before purchase.
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