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1 bedroom retirement property for sale
Chestnut Court, Chester Road, Birmingham,
£52,500
Chestnut Court, Chester Road, Birmingham,
£52,500
Price History
Initial price | £59,000 |
25/10/24 | £59,500 |
22/11/24 | £56,000 |
15/03/25 | £52,500 |
Price Change | -11.02% |
Description
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Here is a summary of the property description in a single paragraph:
This one-bedroom retirement apartment is located in a prime spot near local amenities and is 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 being less than the full market value. The market value of this property is £75,000, but with the Home for Life Plan, the cost would be £52,500, representing a 30% saving. The property is part of a development of 60 apartments, each with an entrance hall, lounge, kitchen, one or two bedrooms, and bathroom, and is served by a lift. The development has a 24-hour emergency call system and a Development Manager on site. The property is available for purchase through Homewise, but can also be bought at the full market value through the estate agent Retirement Homesearch.