- One double bedroom, approximately 553 sq ft of living space
- First-floor flat in a modern mixed-use development
- Guide Lifetime Lease price example £67,000 (over-60s only)
- Full market price shown £100,000; actual price varies by age
- Long lease remaining: 976 years
- Service charge approx £1,845pa; ground rent £100pa
- Chain free sale
- Area has very high crime and high deprivation
This one-bedroom first-floor apartment offers 553 sq ft of well-proportioned city-centre living, arranged with a lounge/dining room, separate kitchen and a double bedroom. Its modern building and central location put shops, cafes and transport links on the doorstep, making day-to-day life convenient for someone looking to downsize.
The property is being marketed with a Home for Life Lifetime Lease example: eligible buyers aged 60+ can typically purchase a share for significantly less than full market price (guide Lifetime Lease price shown £67,000; full market price £100,000). The plan can allow purchasing up to a 50% share to safeguard capital; actual price varies by age and circumstances. This apartment is also offered chain free.
Practical details: a long lease remains (976 years), annual service charge around £1,845 and ground rent £100. These predictable costs suit buyers wanting a low-maintenance, central home, but prospective purchasers should verify lease/tenure and service arrangements with their solicitor.
Important negatives: the property sits in an area with very high crime and high deprivation, which may affect personal safety perceptions and resale prospects. The Lifetime Lease option is restricted to those aged 60 and over for the discounted purchase example; non-eligible buyers would pay the full market price. All information should be independently checked before commitment.