Secure first-floor flat with communal gardens and social facilities.
One double bedroom with fitted wardrobe
Generous lounge/dining room and fitted kitchen
Lift access and communal landscaped gardens
Active resident community and refurbished communal lounge
Covered mobility scooter storage; off-street parking available
Excellent mobile signal and fast broadband speeds
Lease approx. 59 years remaining — mortgage risk for buyers
Ground rent £510pa — notable ongoing cost
This one-bedroom leasehold flat in Homelake House offers comfortable, secure retirement living in a well-kept, sociable development. The accommodation includes a generous lounge/diner, fitted kitchen, good-sized double bedroom with fitted wardrobe, and a bathroom. UPVC double glazing, lift access and communal landscaped grounds add everyday convenience.
Residents benefit from an active communal programme and a refurbished lounge/function room, plus covered mobility scooter storage and off-street parking on a first-come, first-served basis. Mobile signal and broadband speeds are excellent, and the communal grounds and modern building present well for visitors and social life.
Buyers should be aware of the lease and cost implications: approximately 59 years remain on the lease and the ground rent is £510 per year (paid half-yearly). With the limited lease term many mortgage lenders may refuse to lend. This makes the flat most suitable for cash buyers, some specialist lenders, downsizers seeking a convenient retirement base, or investors prepared to manage lease-extension costs.
Overall, the flat is well-presented and sits in a very affluent area with easy access to local amenities and transport. It represents a straightforward, low-maintenance retirement option but requires careful financial consideration because of the short lease and ongoing ground rent expense.
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