Summary - 32 HOMEWILLOW CLOSE LONDON N21 2HJ
2 bed 1 bath Apartment
Comfortable two-bedroom retirement apartment with gardens and parking — lease and charges require careful review.
First-floor two-bedroom retirement apartment with house manager
Attractive park-like communal gardens and residents’ lounge
Off-street parking and guest bedroom suite on site
Double glazing; Economy 7 electric storage heating (may be costly)
Refitted bathroom and modern fitted kitchen with NEFF appliances
62 years remaining on lease — lenders may refuse to lend
Service charge £4,558 pa and ground rent £491 pa (above average)
Close to Grange Park station, local shops and bus links
This first-floor, two-bedroom retirement apartment sits in a purpose-built McCarthy & Stone development, set around attractive, park-like communal gardens. The layout offers a generous living room with east-facing windows, fitted kitchen, refitted bathroom and two bedrooms with fitted wardrobes — arranged for independent, low-maintenance living. On-site features include a house manager, residents’ lounge, laundry room, guest suite and off-street parking.
Practical positives include double glazing, Economy 7 electric storage heating, careline/emergency pull cords and easy access to shops and transport (Grange Park station nearby, local bus links). The apartment is comfortable for day-to-day life and suits someone looking to downsize while retaining independence and community facilities.
Important considerations: the lease has 62 years remaining — many mortgage lenders may refuse to lend on this term, which can restrict marketability and financing. Service charges (£4,558 pa) and ground rent (£491 pa) are high and will affect running costs; council tax is band E. Heating is by electric storage heaters, which can be costly compared with gas central heating.
This property will most appeal to retirees seeking a self-contained apartment within a managed community who can fund purchase without a standard mortgage or who obtain specialist retirement-lending advice. Viewings are recommended for anyone prioritising location, communal amenities and well-kept gardens, but buyers should obtain leasehold and financing advice early.
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