Small, single-level home ideal for independent downsizers near town amenities.
Offered at 70% shared ownership for low-cost purchase
A compact two-bedroom bungalow within a purpose-built over-60s development, offered at 70% shared ownership and sold with no onward chain. The home sits on a small plot with a private rear garden and benefits from a single off-street parking space in a communal car park. Interior layout is traditional and straightforward: entrance hall with storage, lounge, kitchen, two bedrooms and a shower room. Total floor area is approximately 443 sq ft — manageable for downsizers seeking single-level living.
This property is best for buyers aged 60+ wanting independent retirement living close to Melton Mowbray town centre and local amenities. The bungalow is double-glazed and gas‑heated by boiler and radiators; it was built in the 1980s and is presented in good decorative order. Being chain free and offered at a reduced share makes it an affordable route into a smaller home with low council tax.
Buyers should note the material leasehold considerations: just 63 years remain on the lease and this can restrict mortgage options. Lenders may refuse to lend or demand stricter terms, and additional costs can arise for lease extension and leasehold administration packs. The development operates a first-come first-served communal parking system and provides no on-site care or assistance.
The surrounding area is described as having higher crime and relative deprivation compared with nearby locations; prospective purchasers should visit at different times to assess comfort and security. Overall, the bungalow offers an accessible, low-maintenance home for someone seeking to downsize into a retirement complex, provided they check lender criteria and understand future lease extension costs.
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