Low‑maintenance McCarthy & Stone flat with communal facilities — lease and costs need careful review.
Dual‑aspect one‑bedroom on the first floor, approx. 451 sq ft
A first‑floor, dual‑aspect one‑bedroom apartment in a purpose‑built McCarthy & Stone retirement development. The flat offers manageable living across approximately 451 sq ft with a fitted kitchen, living room, bedroom and bathroom — designed for low‑maintenance retirement living.
Residents benefit from on‑site communal facilities including a residents’ lounge, communal laundry, visiting development manager, guest suite and lift access to all floors. The building sits within landscaped communal grounds with on‑site parking and double glazing already installed.
Important lease and cost information: the original lease (99 years from 1985) currently leaves around 60 years remaining. This is a material issue — many mortgage lenders will refuse to lend on properties with short leases, which may limit buyer options or require a cash purchase. Service charges are high (circa £4,889.42 pa) and ground rent (£529.54 pa) is notable; budget for ongoing communal costs. Heating is via electric storage heaters.
For a single purchaser aged over 60 (or a qualifying couple) seeking a low‑upkeep home with onsite support and communal life, this apartment provides convenience and sociability. However, buyers must weigh the lease length and running costs carefully and seek independent legal and mortgage advice before proceeding.
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