Low-maintenance ground-floor living near Dereham town centre for over-55s.
75% shared ownership — price reflects 75% of £180,000
118 years remaining on the lease (125-year term from 2018)
Built 2018 — modern finish and double glazing
Assisted-living over-55s development with emergency alarm system
Service charge approx £2,052pa; sinking fund approx £312pa
Ground-floor, accessible layout with small private courtyard
Permit and limited unallocated parking on site
Location shows high local deprivation and very high recorded crime
This ground-floor one-bedroom apartment is part of an assisted-living development for over-55s, offering low-maintenance, accessible living just a short walk from Dereham town centre. Built in 2018, the home has an open-plan kitchen/living area, a double bedroom and an easy-care front courtyard, plus attractive communal gardens and a community lounge and laundry.
The property is offered as 75% shared ownership (price reflects a 75% share of a £180,000 valuation) with 118 years remaining on the lease. Heating is gas-fired via boiler and radiators and the apartment includes an emergency alarm system. Resident permit parking and a small unallocated car park are available on site.
Important practical details: annual service charges are approximately £2,052 with an additional sinking fund contribution of about £312 per year. The property is leasehold and further costs (lease packs, conveyancing) will apply. The area shows higher-than-average local deprivation and recorded crime levels are very high; prospective buyers should factor local safety and community conditions into their decision.
This home will suit a buyer seeking a manageable, community-oriented retirement setting close to town amenities, rather than someone seeking rural tranquillity or complete independence from communal fees. No onward chain means a straightforward purchase timetable for the successful buyer.
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