Comfortable low-maintenance living with on-site support and allocated parking.
One double bedroom with walk-in wardrobe and balcony access
A well-presented one-bedroom retirement apartment on the second floor, offered for outright purchase at £260,000 or 50/50 shared ownership (£130,000 for the 50% share) with the option to staircase later. The apartment benefits from a walk-out balcony, modern fitted kitchen, contemporary shower room and an allocated off-street parking space. The long lease (999 years from 2018) gives long-term security uncommon for some retirement schemes.
The development is managed with residents’ comfort in mind: an on-site House Manager during office hours, a homeowners’ lounge for social events, a guest suite, TV door-entry and a 24-hour emergency call system. Key running costs are covered by the service charge, which includes external maintenance, communal utilities, groundskeeping and buildings insurance, though personal bills such as council tax and electricity remain separate.
Practical considerations: this is a leasehold retirement property for buyers aged 60 and over and attracts an annual service charge of £3,972.39 and ground rent of £425 (next review 2033). Heating operates via a community scheme and broadband is full-fibre enabled. The apartment suits someone seeking low-maintenance living in a very affluent Hertford location with good transport links to Hertford East station and local shops nearby.
Overall this is a secure, low-effort home aimed at downsizers or retirees who value onsite support, communal facilities and straightforward access to town amenities. The service charge and ground rent should be weighed against the convenience and managed communal upkeep the development provides.
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