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2 bedroom retirement property for sale
Penstones Court, Marlborough Lane, Faringdon
£325,000
Penstones Court, Marlborough Lane, Faringdon
£325,000
Price History
Initial price | £365,000 |
16/07/24 | £340,000 |
31/10/24 | £325,000 |
Price Change | -10.96% |
Description
This two-bedroom cottage is located in a purpose-built development for the over 55's, set in landscaped gardens with views across the Vale of the Whitehorse. The property is built from local stone and features a conservatory, patio garden, and garage. The development, Penstones Court, offers a range of amenities, including a laundry facility, guest suite, and minibus service, which is managed by Cognatum Estates, a not-for-profit organization. The estate is situated in the village of Stanford-in-the-Vale, which has a range of shops, clubs, and societies, and is close to the North Wessex Downs Area of Outstanding Natural Beauty. The property comes with a 150-year lease, no ground rent, and a 55+ age covenant, making it an ideal "lock up and leave" option.