Quiet village retirement flat with long lease and refurbishment potential.
Two-bedroom maisonette arranged over traditional layout
Designed for residents aged 55+ in a quiet village location
960 years remaining on lease; ground rent £35 per year
Current annual service charge £1,893; building insurance £160
Requires renovation — kitchen and internal finishes dated
Electric storage heating; consider upgrade costs for comfort
Off-street reserved parking and attractive communal gardens
Slow local broadband but excellent mobile signal and low crime
Set within Pinewood Court in Markfield, this two-bedroom maisonette is designed for residents aged 55 and over and offers a calm, village retirement setting. The bright living room and two generous bedrooms provide comfortable, adaptable spaces, while attractive communal gardens and reserved off-street parking add practical convenience.
The property is a straightforward refurbishment project: the kitchen and some internal finishes are dated and the flat requires renovation, so buyers can personalise to taste. Heating is via electric storage heaters and glazing is double glazed (install date unknown), so consider upgrade costs when budgeting.
Practical ownership details are favourable for long-term peace of mind: a long lease (960 years remaining), modest ground rent (£35 pa) and a current annual service charge of £1,893. Broadband speeds are slow locally, but mobile signal is excellent and the area benefits from very low crime and a very affluent, village setting close to countryside walks and local amenities.
This home suits downsizers or retirees seeking a quiet, low-traffic location with a friendly community and scope to add value through renovation. Be aware of running costs for electric heating and planned works that may influence the service charge going forward.
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