Mayhew Estates are delighted to offer to the market this rarely available two double bedroom 2nd (top) floor retirement apartment, located on the popular 'Acres' development. The property is marketed at a 25% share with the opportunity to acquire up to 75% where no rent would be payable for the remaining 25% share. This is an ideal downsize property with onsite care and access to well-maintained communal areas!
Communal facilities include lounge, restaurant, hair salon, activities room, buggy room, guest room, lift access to all floors, communal laundry facility and CCTV. There is a full time court manager service, care and support services 24/7. The advertised price is based on a 25% share of the apartment with a rental payment of £627 per month. A service charge of £456 per month is also payable alongside a £57 per month support charge. Care charge packages are available at reasonable hourly rates (£26.40 & £39.68 respectively). Gas and electric are heavily subsidised and at time of publishing are just £1.98 per month!
The property comprises of a generous dual aspect living room which is naturally very light with views over the communal gardens. There is plenty of space for living room furniture and a 4 seater dining room table. A well-presented neutral kitchen has been well maintained and offers plenty of surface and storage space.
A generous master bedroom has space for a double bed, bedside tables and wardrobe with access to a wet room. Bedroom 2 is also a double bedroom but in similar properties this has been used as a dining area or hobby room.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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