ROI = 10% BMV = 22.11%
Description

A SECOND FLOOR ONE BEDROOM RETIREMENT APARTMENT Austen Court was constructed by McCarthy & Stone Ltd and comprises of 37 properties arranged over 4 floors each served by a lift. The Development Manager can be contacted from various points within each property in case of an emergency. For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises of an entrance hall, lounge, kitchen, one or two bedrooms and bathroom. It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over the age of 55 years. Please speak to our Property Consultant if you require information regarding Event Fees that may apply to this property. DRAFT DETAILS

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Property Details
  • Property ID: 160074086
  • Added On: 2025-04-01
  • Deal Type: For Sale
  • Property Price: £200,000
  • Bedrooms: 1
  • Bathrooms: 1.00
Amenities
  • Development Manager
  • Communal Gardens
  • Residents Lounge
  • Guest Suite
  • Car Park
  • Minimum Age 60
  • 24 Appello call system
  • Lift to all floors
  • Lease : 125 years from 2007
  • Service Charge £3719.26 Ground Rent £495.00