Compact central apartment suited to over-60s seeking affordability and future security.
Two bedroom ground-floor flat, convenient town-centre location
Purpose-built for older occupants, this two-bedroom ground-floor flat sits in the centre of Launceston with easy access to shops and local amenities. The block includes a secure entrance, communal seating and resident-only parking; an emergency pull-cord system is fitted in all apartments.
The interior requires renovation: the kitchen is dated and the bathroom has a coloured suite with an electric shower over the bath. Heating is by Economy 7 storage heaters and windows are UPVC double glazed. Broadband speeds are very slow and the area records above-average crime; buyers should factor updating and improved connectivity into plans.
The property is offered with a remaining 88-year lease, a service charge averaging £2,995.84 per year (£291.32 pcm) and comes chain free. Over-60s can consider the Home for Life Lifetime Lease option from Homewise, which typically reduces the upfront cost compared with full market value, subject to personal circumstances.
This is a practical purchase for someone seeking a compact, central retirement home or an investor prepared to carry out refurbishment work. An internal viewing is recommended to assess scope and potential.
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