Summary - SWALLOWS COURT 37 POOL CLOSE SPALDING PE11 1GZ
2 bed 1 bath Apartment
Convenient low-maintenance living with communal facilities and private parking.
- Two bedrooms with built-in wardrobes and accessible walk-in shower
- Communal lounge, laundry room and landscaped gardens for residents
- On-site parking plus single garage included
- Leasehold with 108 years remaining
- High annual service charge (circa £5,000) and ground rent £495
- Heating: electric storage heaters; main fuel electricity
- Located in Flood Zone 3 (medium flood risk)
- Local area records very high crime levels; assess safety needs
A purpose-built two-bedroom retirement apartment arranged on a modern development, offering communal gardens, residents’ lounge and on-site parking with a single garage. The living room and bedrooms are generous for the type, with a compact fitted kitchen and a walk-in shower featuring grab rails—suitable for age-related ease of use.
This lot is being sold via secure online auction with a starting bid of £58,000. The sale process offers speed and transparency, but buyers should note immediate exchange is possible and that a non-refundable 5% deposit plus a reservation fee (up to 6% inc VAT, minimum £6,000) will be payable on completion of terms. A legal pack is available and professional advice is recommended before bidding.
Material running costs and local risks are significant factors: an annual service charge of just under £5,000 and ground rent of £495 are payable, and heating is via electric storage heaters. The property sits in Flood Zone 3 (medium risk) and the neighbourhood records very high local crime levels; these should be considered alongside the otherwise convenient town location and fast broadband.
Overall this apartment will suit a buyer seeking low-maintenance retirement living with communal support and private parking, and who can accept the high service charges, local area safety considerations and auction sale conditions. The long lease (108 years remaining) and EPC rating C are practical positives for longer-term ownership.
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