Compact two-bedroom apartment ideal for downsizers seeking community and riverside views.
Minimum age 55 development with lift to all floors
Two-bedroom first-floor flat with communal river views
Chain free; being sold via secure online auction
Lease length 64 years — may prevent mortgage lending
High annual service charge £4,827 and ground rent £239
Electric storage heating; double-glazed but install date unknown
Medium flood risk and local area has higher crime levels
Very slow broadband; off-street unallocated parking available
Quiet, compact retirement flat on South Quay, aimed at residents aged 55 and over. The first-floor apartment offers a bright lounge, two bedrooms and river views from the development’s communal areas. A lift provides step-free access to all floors and there is unallocated off-street parking for residents.
The development includes a communal courtyard, residents’ lounge and library, plus an on-site development manager and 24-hour Appello emergency call system for added reassurance. The property is sold chain free at secure online auction — suitable for a buyer who can complete quickly or pay cash.
Important practical points: the lease has 64 years remaining, which will restrict mortgage availability and may make lending difficult or impossible. Annual service charges are high at £4,827 and ground rent is £239 per year. Heating is by electric storage heaters and broadband speeds in the area are reported as very slow.
This property will suit a downsizer seeking a low-maintenance retirement base with social facilities and river-side character, provided they are comfortable with lease length, service costs and potential insurance or finance limits. The location is convenient for local amenities but the area records higher crime levels and a medium flood risk, so check insurance and safety considerations before bidding.
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