Ideal shared-ownership retirement apartment close to shops, transport and communal parking.
One bedroom first-floor retirement apartment, for ages 60+
Shared ownership sale — 60% share
Service charge £65.43pcm; additional rent £44.81pcm
Lease approx. 68 years remaining — lenders may refuse
Gas central heating and double glazing
Communal grounds with resident parking
Chain free sale; convenient local shops and transport
Approx. 560 sq ft — modest, manageable size
A well-proportioned one-bedroom retirement apartment set within a tidy modern terrace development, designed for owners aged 60 and above. The accommodation includes a comfortable lounge open to a practical kitchen, a bathroom with shower over bath and useful built-in storage accessed from the landing. Gas central heating and double glazing help keep running costs down, and communal grounds with resident parking create a low-maintenance setting.
This is a shared ownership sale (60% share) with a service charge of £65.43pcm and an additional rent element of £44.81pcm for the unsold share. The property is chain-free and benefits from fast broadband and excellent mobile signal, making it suitable for staying connected and welcoming visitors.
Buyers should be aware the lease has about 68 years remaining. That reduced lease length is a material issue: many lenders may refuse to offer a mortgage, and buyers should obtain specialist mortgage advice and factor in potential costs to extend the lease. Overall the apartment suits a buyer seeking low-maintenance, central-town retirement living but who understands the lease and shared-ownership implications.