Modern one-bedroom retirement apartment with communal facilities and long lease, priced at £85,000..
- Purpose-built retirement apartment for residents aged 60+
- Lift-served second-floor flat with balcony
- Communal lounge, gardens, laundry and guest suite
- Off-street parking and secure entry system
- Service charge c. £3,968.20pa; ground rent £425pa
- Lease remaining c.106 years (long lease)
- Electric storage heaters; potentially higher running costs
- Small-to-average internal space; street-level outlook
Designed for over-60s, this one-bedroom second-floor apartment in Gracewell Court offers low-maintenance living in a purpose-built McCarthy & Stone development. The block, built in 2022, is served by a lift and benefits from communal facilities including a residents' lounge, communal gardens, guest suite, laundry and a car park with secure entry—ideal for socialising and hosting visitors.
The apartment offers a straightforward layout with entrance hall, living room with balcony access, fitted kitchen, bedroom and bathroom. Modern construction and fast broadband make it suitable for staying connected, while excellent mobile signal and off-street parking add everyday convenience. Leasehold tenure remains long (around 106 years) and the asking price is £85,000.
Notable running costs include the service charge of approximately £3,968.20 per year and a ground rent of £425. Electric storage heaters provide heat but can be more expensive than mains gas; buyers should factor typical running costs into their budget. The internal space is small-to-average for a one-bedroom retirement apartment and the outlook faces the main road, which may suit some and deter others.
This property will suit a purchaser seeking an easy-to-manage retirement base with communal support on-site and modern building standards. It is condition-of-purchase restricted to buyers aged 60+, and prospective buyers should review the full lease details and any event fees prior to commitment.
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