Compact, low-maintenance flat ideal for downsizers near Romford centre.
Third-floor one-bedroom apartment, modern open-plan living
A well-presented one-bedroom third-floor apartment in Romford, offered with a Home for Life Lifetime Lease option for purchasers aged 60+. The flat has an open-plan lounge, kitchen and dining area with modern decor, double glazing and an allocated parking space, set within a contemporary development built after 2012.
This property is compact at about 375 sq ft, making it a straightforward, low-maintenance choice for downsizers seeking proximity to Romford town centre and good broadband speeds. The long lease (approximately 236 years remaining) gives tenure security, while communal gardens add outdoor space without personal upkeep.
Buyers should note the annual service charge of around £2,150 and ground rent of £200. The property sits in an area with above-average crime rates, which may concern some purchasers. The Lifetime Lease price guide for eligible over-60s is £165,500 (indicative saving versus the market price of £250,000); actual terms vary by age and circumstances. Non-eligible buyers can purchase at the full market price.
This apartment suits a retirement or downsizing buyer who wants a modern, low-maintenance home close to local amenities and transport links, or an investor seeking a compact, readily lettable flat, subject to checking local rental demand and the service-charge level.
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