1 bedroom retirement property for sale

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1 bedroom retirement property for sale

Priory Place, Alcester Road, Studley
£117,500

Price History

Initial price £219,950
09/03/24 £112,500
20/07/24 £117,500
Price Change -46.58%

Description

This luxurious retirement complex offers brand new one and two-bedroom apartments for over 55's, built to the highest standards and providing a 5-star hotel-like experience with a homely feel. The apartments come with modern amenities, including secure entry systems, emergency call systems, and electric heating. The complex features fantastic communal facilities, including a residents' lounge, dining area, and landscaped courtyard with seating and parking spaces available for purchase. The apartments are accessible via lift and stairs, and the village of Studley is centrally located, offering easy access to local amenities. The leasehold apartments come with a 999-year lease and no ground rent charge, with annual service charges ranging from £3,977.24 to £5,965.86, depending on the apartment size. Additionally, there is an option to buy on a shared ownership scheme, allowing for a reduced purchase price and potentially no rent to pay on the 25% share.