Convenient central retirement apartment with secure parking and open-plan living.
Allocated gated parking space included
Comfortable two‑bedroom apartment in the heart of Old Town, offered with no onward chain and an allocated gated parking space. Positioned on the first floor of a modern block, the flat provides a bright open-plan living area, a fitted main bedroom with storage and a contemporary bathroom – ready to move into.
This property is marketed as suitable for retirement living. Buyers aged 60+ can use the Home for Life Lifetime Lease scheme to purchase at a reduced price (example guide price £93,750 based on an average saving of 33%). Actual Lifetime Lease cost depends on age, personal circumstances and any percentage of value you choose to safeguard (up to 50%). Alternatively the full market price is listed at £140,000.
Practical points to note: the lease has 101 years remaining, there is an annual service charge (approx. £1,562) and ground rent (£100), and the flat is small at about 558 sq ft. The area is centrally located with shops, cafes and good local amenities within walking distance, but crime levels in the immediate area are reported as very high, which some buyers may want to factor into their decision.
Overall, this apartment suits a purchaser seeking a low‑maintenance retirement base in Old Town with secure parking and potential cost savings via the Lifetime Lease. It will appeal to buyers prioritising location and convenience, while those requiring more space or lower local-crime levels may prefer to look elsewhere.
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