Low-maintenance two-bed retirement flat with communal facilities — lease length may limit lending.
Ground-floor two-bedroom retirement apartment, approx. 599 sq ft
A ground-floor two-bedroom retirement apartment set within a well-maintained purpose-built block, offered chain-free and ready for occupation. The building benefits from a house manager, communal lounge, laundry and landscaped gardens, making it low-maintenance living for the over-60s. At about 599 sq ft the footprint is modest; room sizes suit single occupants or couples looking to downsize.
Practical aspects: double glazing (post-2002) and an EPC around the low 70s indicate reasonable thermal performance, while electric storage heaters provide heating. The kitchen and bathroom are dated and would benefit from modernization to improve comfort and future resale value. Council tax is moderate and there is excellent mobile signal on site.
Important lease detail: the property is leasehold with approximately 62 years remaining. This is a material concern — some mortgage lenders may refuse to lend against the shorter lease, restricting buyers to cash purchasers or specialist lenders. Buyers should obtain independent legal and mortgage advice before committing.
Location strengths: situated close to supermarkets, bus routes and Watford town centre with easy road links to the M1 and M25. The communal grounds offer pleasant, low-maintenance outdoor space. Note the local crime level is reported above average; consider this alongside the convenience and nearby amenities when viewing.
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