Low-maintenance retirement living with balcony, parking and communal garden.
One-bedroom retirement apartment, built 2021
A well-presented one-bedroom retirement apartment in Island View, built 2021 and designed for over-60s living. The open-plan reception leads onto a sunny balcony with pleasant views; a modern kitchen, double bedroom with walk-in wardrobe and a generous bathroom complete the layout. Allocated off-street parking, communal gardens and a House Manager provide low-maintenance living and social opportunities.
This is offered as 75% shared ownership (purchase price £165,000) with a rental charge of £250pcm; the 100% purchase price is £220,000. The apartment benefits from the remainder of the new-build warranty, a long lease (999 years from 2021), and an EPC rating of B. Broadband and mobile signal are strong and the local area is affluent with good bus links and nearby green space.
Running costs are an important consideration: annual service charge is £2,751 and ground rent is £520 (next review 2036). Heating is electric with room heaters rather than a communal gas system, which can affect energy bills. The development supports independent retirement living but is leasehold and has ongoing charges.
Ideal for a buyer seeking a low-maintenance retirement base close to Beggarwood amenities and transport links. The apartment suits someone who values community facilities, gardens and private outdoor space, and who understands the shared-ownership model and associated service costs.
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