2 bedroom retirement property for sale

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2 bedroom retirement property for sale

Knights Court, Kenilworth Road, Balsall Common
£77,000

Price History

Initial price £105,000
18/04/25 £91,000
18/11/25 £77,000
Price Change -26.67%

Description

This property is a two-bedroom first-floor retirement apartment located in the heart of Balsall Common Village, available to purchase through Homewise's Home for Life Plan. The plan allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the cost of the Lifetime Lease being less than the full market value. The market value of this property is £110,000, but through the Home for Life Plan, the buyer can secure the property for £77,000, saving 30% of the market value. The property is part of a development with 35 retirement apartments, offering communal facilities such as a lounge, laundry, and gardens, as well as a lift and 24-hour emergency Careline alarm system. The buyer must be over 60 years old, and there may be additional fees applicable to the property.