Property Details

2 bedroom retirement property for sale For Sale

£215,000

ROI = 10% BMV = 26.5%

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Description

Enjoy watching the seasons change from the balcony of this two bedroom, first floor retirement apartment set within Retirement Security's Emmbrook Court in Reading, RG6 which offers independent living for the over 55's. The accommodation which has been redecorated and has new flooring throughout throughout comprises entrance hall with storage and airing cupboard, spacious living room with sliding patio door giving access to a delightful balcony overlooking the trees and garden, fitted kitchen enjoying further views to the rear, large master bedroom with built-in mirrored wardrobe, second bedroom with further built in wardrobe, plus a wet-room with a level access shower. Emmbrook Court is run by owners, for owners, and comprises forty-six spacious one and two bedroom apartments. Amenities include owners' lounge, on-site dining, guest suite, landscaped gardens and owners' parking. The Court, with 24 hour on-site staff, offers owners the opportunity of retaining independence within an active social community. Located in the outskirts of Reading, the court is less than 0.5 mile to the local Tesco and less than a mile away from Harris Garden Green Flag park. Within the UK, Retirement Security was one of the first to establish Independent Retirement Communities and, since its inception in 1983, has continued to be a trail blazer for nearly 40 years. The company was established to offer affordable homes within a happy and secure environment carefully designed for ease of access, in which owners could enjoy their retirement and thrive in an active supportive community, but where they could also protect and keep control of their hard-earned finances through running their own communities - Communities for owners run by owners. That remains true today in each of Retirement Security's 32 courts across England and Wales. It is important to note that a significant proportion of the Service Charge relates to items which the prospective purchaser is responsible for in their present home, such as building insurance, building maintenance, gardening, and domestic help. Many purchasers are also eligible for Attendance Allowance at £68 or £101 a week, which is neither means-tested or taxable and advice on this subject is available to anyone making an enquiry. The lease provides that a transfer premium is payable to Retirement Security on resale of a property. The maximum premium payable is 3% of the sale price depending on the length of time an Owner has lived at the property. Further information is available from the Court Manager.

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