Lifetime-lease option reduces upfront cost for buyers aged 60 and over.
Top‑floor two-bedroom apartment with Juliette balcony and integrated kitchen appliances
Allocated off‑street parking plus nearby visitor bays
EPC C; built c.2003–2006 with double glazing and cavity walls
Lifetime Lease example price £100,500 for buyers aged 60+ (subject to conditions)
Market guide price £150,000; option to buy up to 50% share to protect capital
Electric room heaters (no gas central heating) — higher running costs possible
Service charge approx £1,700 pa; ground rent approx £200 pa
Lease c.105 years remaining; solicitors should verify tenure details
This top‑floor two-bedroom apartment sits within a modern development close to Old Town, offering manageable space and contemporary fixtures. The living room opens to a Juliette balcony and the kitchen includes integrated appliances, while two double bedrooms include an ensuite to the principal bedroom. Allocated off-street parking and visitor bays add practical convenience.
The property is offered with a market guide price of £150,000 and is also shown with a Home for Life Lifetime Lease example price of £100,500 for buyers aged 60+. The Lifetime Lease lets qualifying buyers purchase less than full market value and optionally buy up to 50% of the property value to safeguard capital. Actual Lifetime Lease price varies by age and circumstances.
Practical points to note: the apartment uses electric room heaters rather than central gas heating, annual service charge is about £1,700 and ground rent around £200 per year, and the lease has approximately 105 years remaining. EPC rating is C, broadband speeds average, and the area is recorded as very affluent with low crime rates.
This home will suit buyers planning low‑maintenance retirement living who value modern, secure accommodation and a clear pathway to reduce upfront cost through a lifetime-lease arrangement. Buyers should verify tenure details and consult solicitors about lease and purchase options before proceeding.
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