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2 bedroom retirement property for sale
Penstones Court, Marlborough Lane, Faringdon
£315,000
Penstones Court, Marlborough Lane, Faringdon
£315,000
Price History
Initial price | £365,000 |
16/07/24 | £340,000 |
31/10/24 | £325,000 |
09/05/25 | £315,000 |
Price Change | -13.70% |
Description
Penstones Court is a retirement community offering a two-bedroom cottage with a conservatory, patio garden, and garage, set in landscaped gardens with views of the Vale of the White Horse. The property is part of a purpose-built development for those 55+, with management services provided by Cognatum Estates, a not-for-profit organization. The estate features a large paddock, natural pond, croquet lawn, and allotment area, as well as a golf "chipping" practice area. The village of Stanford-in-the-Vale is within walking distance, offering a range of amenities, including shops, a post office, and a hairdresser. The estate is also close to the North Wessex Downs Area of Outstanding Natural Beauty and White Horse Hill, a National Trust site with commanding views over six counties. The property comes with a 150-year lease, no ground rent, and a 55+ age covenant. Residents benefit from shared services, including laundry facilities, a guest suite, and a minibus for regular trips, making it an ideal "lock up and leave" property.