1 bedroom flat for sale

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1 bedroom flat for sale

Cromer Road, Southend-on-sea, SS1
£127,250

Our Summary

  • While the property would benefit from modernisation, it provides a fantastic blank canvas to add value and personalise to your own taste

Description

This property is being offered through Homewise's Home for Life Plan, which allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost of the Lifetime Lease is always less than the full market value, with typical savings ranging from 20% to 50%. For this specific property, the Lifetime Lease price is £127,250, which is 33% less than the market value of £190,000. The property itself is a well-proportioned flat with an off-street parking space and access to a shared courtyard garden. While it may benefit from modernization, it provides a blank canvas for personalization and is located in a prime area close to local amenities, transport links, and Southend's seafront.