Summary - PUZZLE TREE COURT, 101 FLAT 6 DIALSTONE LANE STOCKPORT SK2 6AF
2 bed 1 bath Ground Flat
Chain-free two-bed ground-floor retirement flat — 50% shared ownership, gardens and parking.
50% shared ownership; full value £130,000
Over-55s retirement flat; ground-floor, chain-free
Approx. 582 sq ft — compact, easy to manage
Requires cosmetic improvement and some refurbishment
67 years remaining on lease; lenders may refuse mortgages
Monthly rent and service charge approx. £287.85 total
Gas central heating, double glazing, security entryphone
Landscaped communal gardens and ample resident parking
A ground-floor, two-bedroom retirement apartment offered at 50% shared ownership — ideal for over-55s seeking an easily managed home with immediate vacant possession. The flat overlooks landscaped communal gardens and benefits from gas central heating, double glazing and a security entryphone. Communal lawns, seating areas and ample resident parking add convenience and outdoor space without large maintenance tasks.
The accommodation is compact (approximately 582 sq ft) and will need cosmetic improvement throughout; buyers should budget for refurbishment. The layout includes a living room with bay window, separate kitchen, two bedrooms, bathroom with electric shower and a small boiler/store room. Service charge and rent for the 50% share are approximately £287.85 per month; ground rent is £57 per year.
A significant practical drawback is the lease length: 67 years remaining on the current lease. This may make mortgage finance difficult or impossible with many lenders unless the lease is extended prior to sale. Prospective purchasers should instruct their conveyancer to check lease terms and lender acceptability before exchange.
This property will suit downsizers or retirees able to buy a 50% share with cash or willing to explore shared ownership financing. It is chain-free and ready for immediate occupation after straightforward cosmetic work, but anyone needing mortgage funding should investigate lease extension options first.
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