Ground-floor two-bedroom, two-bathroom apartment with balcony
A spacious, well-presented ground-floor two-bedroom apartment in Holborough Lakes, offered with a Homewise Lifetime Lease option for buyers aged 60+. The accommodation includes a generous lounge/diner with balcony, two double bedrooms (master with en-suite), and allocated off-street parking directly outside the block. Built c.2007, the home benefits from double glazing and a tidy, contemporary finish throughout.
This property is marketed with a Home for Life (Lifetime Lease) illustrative price of £165,500 (guide saving c.33% against the full market price of £250,000). The Lifetime Lease lets eligible purchasers buy a percentage share (up to 50%) to safeguard capital while retaining use of the home; actual price varies by age and circumstances. The flat is leasehold with 105 years remaining.
Practical points to note: heating is by electric room heaters (no central gas), service charges average £2,066 pa and ground rent is £250 pa. These running costs and the leasehold tenure are important for budgeting. The apartment is well-located for local bus routes, community facilities and local schools; there is no flood risk and broadband speeds are fast. Overall this is a low-maintenance, retirement-suitable home that will suit downsizers who prioritise convenience and capital protection options.