What is Retirement Living?
Retirement Living is a type of retirement lifestyle property, designed and built specifically for the over 55s by housebuilders such as McCarthy & Stone, Renaissance and Churchill.
These modern retirement apartment complexes are suited to people who want to enjoy their later years without the burden of maintaining a family home, and the design features and facilities ensure that residents can remain independent well into their retirement without further disruption to their lives.
Why choose a retirement apartment over a regular apartment?
When you’re considering how you want to live your life when you retire, where you choose to live is critically important. Staying in your home is a great choice for many people but inevitably it can be difficult to keep up maintenance and to remain safe in later years when you’re perhaps not as mobile or as healthy.
Choosing to downsize and buy a retirement apartment is really an investment in your future and in the lifestyle you want to lead. It frees you from some of the everyday worries the rest of us have about cleaning, home maintenance and gardening. Because the apartments are designed for older people’s needs, you also won’t have to worry about adapting your home with hand rails, ramps, moving electricals and changing bathroom facilities.
Retirement apartment developments are very secure. You have your own self-contained apartment with a front door, but there is a main security door with video intercom and often a property manager on site to ensure guests are signed in. This means that you can go off on a long holiday, or spend a few months in a warmer climate without worrying about your house being burgled or the pipes bursting while you’re gone.
Build your own community and social life
Retirement apartment developments have communal lounges and the residents often have a committee to help manage the property as well as a social committee that organises regular outings and evening events.
We often hear of people encouraging their friends to move into the same development when apartments become available. Having a social life on hand is a wonderful thing to have in later life, but if you want to shut it all out you have your own space to retreat to as well.
Is Retirement Living worth the price?
Retirement Living isn’t for everyone, but for those that take the plunge we don’t often hear from people who regret it.
Not everyone can afford the brand new retirement properties for sale, but there are plenty of resales on the market which often have a slightly lower price tag.
Search our retirement properties for sale here.
As with most apartments for sale, retirement properties are leasehold and require a monthly service charge but unlike a regular flat, the service charge includes the cost of providing a property manager, the security systems, repair and maintenance of the building and grounds, heating, lighting and electricity of the communal areas including the laundry room, water rates and buildings insurance.
Call us on 0800 080 3303 to chat to one of our team.