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See how verdicts work1-bedroom flat · PO20 3BD
Listing removedReduced £8.8k (−6.3%) on 21 JunListed 335 days
Opportunity summary
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About
Modern Retirement and Extra Care Living Ground Floor Apartment | 75% Shared Ownership | One Bedroom | Spacious Lounge/Diner with Direct Access to Private Terrace | Fitted Kitchen | Jack & Jill Style Wet Room | Gas Fired Central Heating | Double Glazing | Extensive Communal Facilities | Beautifully Maintained Grounds | No Forward Chain | EER - B Glyn-Jones and Company are delighted to present this spacious and well-appointed ground floor age restricted apartment, offered on a 75% shared ownership basis, with the significant advantage of no rent payable on the remaining 25% share.
Designed to provide comfortable and convenient living, the property features a generous lounge/diner that enjoys pleasant views across the beautifully maintained communal gardens.
Large windows allow plenty of natural light to fill the space, and a patio door leads directly onto a private terrace area, ideal for outdoor seating, potted plants, or simply relaxing.
The apartment includes a modern fitted kitchen with a good range of units and worktop space.
The Jack & Jill style wet room provides easy access from both the hallway and the bedroom, designed with convenience in mind and particularly beneficial for those requiring level-access showering.
The double bedroom is notably spacious, with ample room for freestanding furniture. Further features include a useful large storage cupboard, gas-fired central heating and double glazing throughout.
Residents’ permit parking is available, providing secure and convenient parking arrangements. The property is offered with no forward chain.
Monaveen is a modern retirement and extra-care living complex located in the village of Eastergate, near Chichester in West Sussex.
Set within a semi-rural environment, it offers residents a peaceful setting while remaining close to essential local amenities, public transport links, and nearby towns such as Bognor Regis and Chichester.
Its location provides a blend of countryside tranquillity and practical convenience.
Designed for people aged 65 and over or 55 with care need, Monaveen is an extra-care housing scheme that offers both independent living and access to on-site support when needed.
The development consists of a mix of one- and two-bedroom apartments. It is operated by Housing 21, with care support delivered on-site.
The complex offers a range of communal facilities aimed at supporting an active, social, and comfortable lifestyle.
These include residents’ lounges, landscaped gardens, a restuarant, activity and treatment rooms, a hair and beauty salon, buggy store, and assisted bathing facilities.
A guest suite is also available, providing convenient accommodation for visiting family and friends.
Care services are available 24 hours a day, offering reassurance for residents who may require support with daily living while maintaining independence wherever possible.
As an extra-care setting, the focus is on promoting autonomy while ensuring professional assistance is on hand if needed.
Overall, Monaveen provides a thoughtfully designed living environment for older adults seeking a combination of independence, security, and community in a pleasant West Sussex setting.
Monaveen is situated within the attractive village of Eastergate, a popular semi-rural location nestled between Chichester and Bognor Regis.
The development sits in a peaceful residential setting just off Fontwell Avenue, offering a quiet environment while remaining close to essential amenities.
Within a short walk, residents will find a local convenience store, post office, and bus stops providing regular services to surrounding towns.
The nearby A27 and A259 provide excellent road links, making travel to Chichester, Arundel, and the wider West Sussex area convenient.
Eastergate is also just a short distance from the beautiful South Downs National Park, offering scenic countryside walks and outdoor leisure opportunities.
Ongoing charges: Hourly Care Charge - To be advised by Court Manager Additional Care Costs - To be advised by Court Manager Rent - N/A on 75% Shared Ownership Service Charge - £340.65 per month or £257.32 per month should you choose to defer the sinking fund element of the service charge and pay it on resale.
Support Charge (Housing Related) - £30.64 per month Management Fee - (included in the service charge) Ground Rent - Peppercorn Utility Bills (Gas & Water) - Not Applicable 24/7 Core Support Charge - Court Manager to advise- West Sussex County Council Buildings Insurance - Included in the service charge Contents Insurance - Residents are encouraged to obtain their own contents insurance Council Tax - Band B/C payable to the local authority TV License - Responsibility of resident directly with TV licensing Telephone / Internet - Residents are to liaise with chosen supplier directly TV - Residents are to liaise with chosen supplier directly - central satellite dish
Value & comps
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
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About Apartment 5 Monaveen, 115 Peckham Chase, Chichester
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