Apartments available from summer 2017
Apartments available from summer 2017

Pricing & Availability

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Ground Floor Apartments

Apartment No Bedrooms Area (m2) Area (ft2) Price
1 RESERVED 57.19 616 -
2 RESERVED 81.38 876 -
3 1 bed 57.22 616
£430,000
4 RESERVED 57.09 614 -
5 2 bed 81.46 877 £615,000
6 2 bed 87.44 941 £660,000
7 2 bed plus 105.12 1132 £790,000
8 1 bed 57.22 616 £430,000
9 2 bed 81.52 878 £615,000
10 2 bed 89.55 964 £675,000
11 2 bed 81.62 879 £615,000

First Floor Apartments

Apartment No Bedrooms Area (m2) Area (ft2) Price
12 RESERVED 57.19 616 -
14 RESERVED 81.38 876 -
15 1 bed 57.22 616
£390,000
16 RESERVED 57.09 614 -
17 RESERVED 81.46 877 -
18 RESERVED 87.44 941 -
19 2 bed plus 105.12 1132 £725,000
20 RESERVED 57.22 616 -
21 2 bed 81.52 878 £550,000
22 2 bed 89.55 964 £610,000
23 2 bed 81.62 879 £555,000
24 2 bed 81.57 878 £550,000
25 2 bed 79.73 858 £565,000
26 2 bed 97.49 1049 £685,000
27 2 bed 73.70 793 £525,000
28 1 bed 65.39 704 £440,000

Second Floor Apartments

Apartment No Bedrooms Area (m2) Area (ft2) Price
29 1 bed 57.19 616 £395,000
30 RESERVED 81.38 876 -
31 1 bed 57.22 616 £395,000
32 1 bed 57.09 614 £400,000
33 2 bed 81.46 877 £560,000
34 RESERVED 87.42 941 -
35 2 bed plus 105.12 1132 £750,000
36 RESERVED 57.19 616 -
37 RESERVED 81.56 878 -
38 RESERVED 79.71 858 -
39

2 bed

81.62 879 £560,00
40 RESERVED 81.56 878 -
41 RESERVED 79.71 858 -
42 2 bed 97.45 1049 £685,000
43 2 bed 73.70 793 £515,000
44 1 bed 65.39 704 £445,000

Third Floor Apartments

Apartment No Bedrooms Area (m2) Area (ft2) Price
45 RESERVED 57.19 616 -
46 RESERVED 81.38 876 -
47 1 bed 57.22 616 £430,000
48 1 bed 57.09 614 £430,000
49 RESERVED 81.46 877 -
50 RESERVED 87.42 941 -
51 2 bed plus 105.12 1132 £790,000
52 1 bed 57.19 616 £430,000
53 RESERVED 81.56 878 -
54 2 bed 79.71 858 £675,000
55 2 bed 81.62 879 £615,000
56 2 bed 81.56 878 £615,000
57 2 bed 79.71 858 £600,000
58 2 bed 97.45 973 £680,000
59 RESERVED 73.70 678 -
60 1 bed 65.39 704 £495,000

Buying a retirement apartment

Reservations

Apartments can be reserved off-plan on payment of a £2,500 deposit. Apartments will be ready for Occupancy at the beginning November 2018.

Long lease

Apartments will be sold on a long leasehold basis, 250 years, equivalent to a freehold, which ensures that the building and central facilities will be professionally maintained, and all services provided will be of a high quality.

Service Charge

Residents will pay an annual service charge which covers the running cost of the building and communal facilities and the cost of maintenance. This means that apartment owners will only be responsible for their periodic internal decoration costs and usual bills such as council tax and power.

The service charge will also include a sinking fund to accrue for major expenditure. Service Charge is calculated in the region of  £6 per sq ft and will be fixed for 5 years.

Deferred Management Fee

A substantial investment has been made in land, buildings and equipment for the high quality communal facilities, intended to enhance the quality of life and amenities for residents. These costs are not covered in the initial selling price of the apartments. Accordingly, upon sale of your apartment in the open market, Castle Retirement Living Management will retain a deferred management fee based on the duration of the ownership. This is based on 4% of the sales price for each year of occupation for the first five years of residency and capped at 20% of the sale price thereafter.

Ground Rent

Ground Rent is charged  per annum is allocated as below:

1 bed – £400

2 bed -  £550

3 bed -  £600

Rooftop - £700

 

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