Lifetime Lease option for over-60s, basement and garage add practical flexibility.
Three bedrooms in compact 638 sq ft layout
A well-located three-bedroom mid-terrace offering practical living for buyers aged 60+ who want reduced up-front cost via a Lifetime Lease. The house benefits from off-street parking, a garage/outbuilding and a versatile basement currently used as gym/office space — useful extra storage or hobby space. The kitchen/diner opens onto a low-maintenance rear outdoor area, and the property is within walking distance of Goodmayes station (Elizabeth Line), shops and local amenities.
The example Lifetime Lease price for over-60s is £363,500 (based on a typical 33% saving from the full market price of £550,000); actual saving varies by age and circumstances and customers can choose to buy up to a 50% share to protect value. The home is freehold and described as suitable for retirement living, with commuter links and local services close by.
Practical drawbacks are straightforward: overall living space is small (approximately 638 sq ft) with a small plot and a single bathroom, so space is limited for larger households. The property dates from the 1930s and has solid brick walls assumed without insulation — upgrading wall insulation and checking glazing/boiler age may be needed for comfort and efficiency. Buyers should allow for standard updating and to verify any conversions or permissions for basement use.
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