Spacious two-bedroom home with balcony, parking and lifetime-lease option for over 60s.
Large ground-floor two-bedroom apartment, about 915 sq ft
Located on the ground level of a modern development, this two-bedroom apartment offers bright living space and river outlooks with a private balcony. At about 915 sq ft the layout includes a spacious lounge/diner, en-suite main bedroom, second bedroom, separate bathroom and allocated off-street parking — practical features for a retirement lifestyle. Lift access and communal areas add convenience while the property’s 2007–2011 construction and double glazing keep maintenance relatively low.
This listing is being promoted through a Home for Life Lifetime Lease example. Over-60s can typically buy a share of the property (up to 50%) via Homewise; the guide Lifetime Lease price shown here is £152,500 (market value £230,000). Actual Lifetime Lease cost depends on age and circumstances — use Homewise’s calculator or request a personalised quote for specifics. The property is also available at full market value to other buyers.
Practical considerations are clear: the apartment is leasehold with 108 years remaining, an average service charge of about £2,000pa and a small ground rent of £250pa. Heating is via electric storage heaters, which can be more expensive than gas alternatives. There is a medium flood risk and the local area records very high crime levels and higher deprivation than average; these factors may affect insurance costs and personal security choices.
Overall this is a roomy, low-maintenance apartment suited to someone seeking riverside views and easy town access, particularly retirees wanting to lock in part of a property value via a Lifetime Lease. Verify all details with your solicitor, and consider the area safety, service charges and heating costs when assessing suitability.
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