Guide Price £110,000 Plus Fees For sale by unconditional online auction, registration is now open. Bidding opens on 24/09/2025 10:00 and ends on 24/09/2025 14:15.
For sale by online auction on 24 September 2025 Retirement Apartment 1 Double Bedroom Resident's Communal Lounge Communal Gardens Lift to all Floors Lodge manager on-site 5 days a week Located in the beautiful market town of Cirencester
A beautiful first floor, 1 double bedroom retirement apartment, located in the beautiful market town of Cirencester, the 'capital of the Cotswolds'.
The apartment is one of only 35 in a superb residential development. Offering one double bedroom, kitchen , reception, shower room, on-site facilities including a resident's communal lounge, well-tended communal gardens, resident parking and lift access to all floors.
A lodge manager is on-site 5 days a week from 9am - 5pm, and a bookable furnished guest suite is available. Anyone can own an apartment, however only those over 60 and partners aged 55 and above can live in the apartment. Each apartment has its own entry system and 24-hour careline service. There is a full and varied programme of activities and events such as regular coffee mornings, film club, guest speakers, art club, and fish and chip supper, just to mention a few. It is ideally located with the M4, M5 and M40/A40, the mainline train station at Kemble and excellent bus and coach links all within easy reach.
Cirencester benefits from high street stores, independent specialist retailers, and a weekly market. There are also several delightful bistros, cafes, wine bars and public houses to suit all tastes. Cirencester boasts a community hospital, leisure centre and a lovely outdoor swimming pool. Nearby there is golf, tennis, riding, football, rugby and cricket.
Altogether, a perfect place to retire.
Length of Lease: 125 years from and including 1 November 2015 Service Charge: £3,228.70 per annum payable May and December. The service charge includes building insurance. Ground Rent: £760.94 per annum to be reviewed November 2029.
Tenure Leasehold
Terms
Legal Pack
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
UNCONDITIONAL LOT Exchange and administration fee information: (plus fees) Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details). In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.
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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