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See how verdicts work1-bedroom flat · BH22 9FE
Sold STCReduced £24k (−96%) on 27 OctListed 114 days
Opportunity summary
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About
Guide Price £25,000 - £40,000 A rare and affordable opportunity to acquire a beautifully presented one-bedroom apartment within the highly regarded Cherrett Court Retirement Living Plus development in the heart of Ferndown.
Designed exclusively for the over 70s, Cherrett Court offers a unique lifestyle solution that bridges the gap between traditional retirement living and full residential care.
Residents retain the independence and privacy of owning their own self-contained apartment whilst benefiting from extensive on-site facilities, support services and 24-hour staff presence.
McCarthy Stone's Retirement Living Plus model is specifically designed to help residents maintain their independence for longer, with flexible support available as needs change over time.
One hour of domestic assistance per week is included within the service charge, with additional care and support packages available if required.
Residents also benefit from a subsidised on-site restaurant, communal lounge, function room, guest suite, landscaped gardens and a varied social programme.
Staff are present 24 hours a day, 365 days a year, providing reassurance for both residents and their families.
The development also benefits from a 24-hour emergency call system and personal pendant alarm service.
Whilst the service charge is currently £927.90 per calendar month, prospective purchasers should consider the significant lifestyle and support benefits included within this figure.
For many residents, Retirement Living Plus represents a substantially more affordable alternative to residential care, whilst allowing them to continue living independently in their own home.
The apartment itself is located on the second floor and is served by a passenger lift.
The accommodation comprises a generous entrance hall with storage cupboard, a bright dual-aspect lounge/dining room with feature electric fireplace, a modern fitted kitchen with integrated appliances, a spacious double bedroom with fitted kitchen with integrated appliances, a spacious double bedroom with fitted wardrobes and a well-appointed bathroom/wet room.
The property is offered with no forward chain and would suit owner occupiers seeking a supportive and sociable retirement environment. In addition, the apartment may be of interest to investors.
Opportunities to acquire Retirement Living Plus accommodation at this level are increasingly uncommon and replacement costs would be substantially higher than the proposed asking price.
Subject to all necessary approvals and lease restrictions, purchasers may wish to explore potential income opportunities and longer-term capital appreciation as demographic demand for specialist later-life accommodation continues to grow.
Interested parties are encouraged to discuss potential income streams and investment considerations directly with the selling agents.
Cherrett Court occupies a convenient position close to Ferndown town centre, providing easy access to shops, healthcare facilities, cafes and public transport links.
IF YOU ARE CONSIDERING SELLING ANY INVESTMENTS - COMMERCIAL OR RESIDENTIAL /PLOTS OF LAND (WOODLAND/ FARM LAND/ EQUISTRIAN/ LAKES ETC) IN SOUTHERN ENGLAND THEN IT IS WORTH NOTING THAT WE DO NOT CHARGE VENDORS/LANDOWNERS FOR THE SALE OR MARKETING.
Important Information: Please note that a buyer’s premium applies to this purchase.
As the seller will not be paying an agency fee, the buyer will be required to pay an introduction fee of £4,950 + VAT.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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Area
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FAQ
About Ringwood Road, Ferndown
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