Affordable one-bed retirement flat near Rayners Lane station — auction sale, lease and fees apply.
Second-floor one-bedroom retirement flat with lift access
24-hour resident warden and communal lounge/garden
Close walk to Rayners Lane station (Piccadilly & Metropolitan lines)
Electric storage heating; no communal gas central heating
Service charge approx. £2,832 pa; peppercorn ground rent
About 60 years left on lease — likely affects mortgage availability
Sold via online auction — 5% non-refundable deposit plus reservation fee
Interior dated and will require modernisation
A compact one-bedroom retirement flat on the second floor of Macmillan Court, offered with a guide/starting bid of £75,000 via a Secure Sale online auction. The building provides 24-hour warden cover, lift access, communal lounge, laundry and well-kept gardens — practical features for someone looking to downsize into managed accommodation near Rayners Lane station.
Internally the flat offers a bright lounge/diner with bay window, a fitted kitchen, double bedroom and a bathroom. The layout is traditional and straightforward; the interior is dated and will benefit from modernisation, presenting scope to update finishes and fittings to personal preference.
Important cautions are stated plainly: approximately 60 years remain on the lease, which may prevent most mortgage lenders from lending; buyers should check finance options carefully. The property is sold via auction with associated fees — a non-refundable 5% deposit on exchange plus a reservation fee (up to 6% inc. VAT, minimum £7,200) — so purchasers must factor these costs into affordability.
Other practical points: the flat uses electric storage heating (no communal gas), the annual service charge is £2,832, and there is residents/visitor parking. For a buyer seeking low-maintenance, centrally located retirement accommodation close to Metropolitan/Piccadilly lines, this is a convenient, affordable option provided they accept lease and auction-related constraints.
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