Purpose-built over-55s development with communal manager and 24-hour emergency system
Quiet, well-presented two-bedroom first-floor apartment in a popular over-55s development, positioned a short walk from Waitrose and Stamford town centre. Light rooms and a good-sized living room make the flat comfortable for daily living, while the windows deliver attractive views across Stamford’s historic rooftops.
The development offers strong communal support and conveniences aimed at retirees: well-maintained gardens, secure access, on-site manager, laundry, 24-hour emergency call system and resident parking. Service charge covers grounds maintenance, buildings insurance and communal services, providing low-maintenance living for those who prefer not to manage a house.
Buyers should note a material concern: the lease has 61 years remaining. Many mortgage lenders are reluctant to lend on leases of this length, which could limit mortgage availability and affect marketability. The sizeable service charge (£271 pcm / £3,252 pa) and communal living aspects should also be considered alongside the apartment’s modest 563 sq ft internal area.
This flat will suit a downsizer seeking a secure, low-upkeep base close to Stamford’s amenities and transport links. Viewings are recommended for cash buyers or buyers who have confirmed suitable mortgage options for shorter leases.