Accessible modern two-bedroom home with parking and wet room for over-55s.
40% shared ownership retirement apartment priced at £48,000
This ground-floor, two-bedroom apartment is offered as a 40% shared ownership retirement home for over-55s, priced at £48,000. The layout is modern and practical, with an open-plan kitchen and lounge that opens onto a small outdoor space. Both bedrooms are doubles and the property includes a fully accessible wet room, making it suitable for mobility needs and low‑maintenance living.
The building was constructed between 2007 and 2011 and benefits from double glazing and an EPC rating of B. Heating and hot water are provided via a community mains gas scheme, and on-site off-street parking is available. Transport links and local amenities are close by, and mobile signal is excellent.
Important cost and condition notes: the apartment is leasehold and part of a communal retirement development. The current service charge is high at £122.97 per week (£6,397.44 pa) with an additional rent element of £96.16 per week for the retained share. Broadband speeds in the area are slow, and the wider locality is classified as deprived with average crime levels.
This property will suit someone seeking a secure, low‑upkeep home in a retirement setting who values accessibility and a modern finish, and who can budget for relatively high ongoing service and rent charges. It may also appeal to investors interested in retirement-sector shared-ownership units, provided the service costs fit their return criteria.
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