Top-floor two-bedroom apartment, 494 sq ft
A compact top-floor two-bedroom apartment close to Peatmoor shopping and the nearby lagoon, offered with no onward chain. The small 494 sq ft layout suits a downsizer or investor seeking a low-maintenance retirement property with easy local amenities and good transport links.
The property is offered as an example for the Home for Life Lifetime Lease (eligibility: over 60s). Typical Lifetime Lease savings range 20–50%; a guide Lifetime Lease price for this home is around £87,000 (market value £130,000) depending on age and personal circumstances. Buyers may choose to purchase a share (up to 50%) to safeguard funds for the future.
Practicals are straightforward: long lease (973 years remaining), double glazing, gas boiler and radiators, off-street parking, EPC rating C and low local crime. Annual service charge is approximately £2,000 and ground rent is £50 per year—important ongoing costs to factor in. Buyers should verify tenure details and any plan-specific terms with their solicitor and obtain a personalised Homewise quote if considering the Lifetime Lease option.