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See how verdicts work1-bedroom flat · DY13 8ES
Sold STCReduced £24.5k (−16.5%) on 28 OctListed 446 days
Opportunity summary
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About
A one-bedroom second floor luxury retirement apartment set within a ‘cutting edge’ development by Bromford exclusively for those aged 55 plus.
This wonderful development comprises 60 homes and has a lift, plus a wealth of on-site facilities. AVAILABLE WITH IMMEDIATE VACANT POSSESSION. Energy Rating: B TENURE Leasehold.
The property is held on a 150-year lease from and including 1 January 2018. Current service charge £677.45 per calendar month. Ground rent currently £250.00 payable on an annual basis.
The Solicitor acting for any purchaser should be asked to confirm full details.
DESCRIPTION School Gardens is a retirement community in the heart of the historic Georgian canal town of Stourport-on-Severn.
Set on the site of the former Tan Lane Primary School, School Gardens is just a short stroll from Stourport’s town centre with its shops, restaurants and leisure opportunities.
The development comprises 60 beautiful 1 and 2 bedroom apartments, set amidst a range of communal facilities including a café bistro and lounge, gym, activity studio and hair and beauty salon.
Life at School Gardens aims to help you to stay as independent as possible for as long as possible, as part of a lively community of like-minded friends and neighbours.
You can relax knowing that an on-site team is available to offer assistance in an emergency 24 hrs a day and if you or your partner need extra support, now or in the future, whether that be help with housework or personal care, then help can provided.
Bromford have a 50 year track-record in providing homes and building communities (truncated) GREAT LOCATION The historic Georgian town of Stourport-on- Severn occupies a beautiful setting in the heart of the Severn Valley.
In addition to its architectural heritage, Stourport’s unique charm is provided by the rivers Severn and Stour, and the Staffordshire and Worcestershire Canal, all of which make their leisurely way through the town.
School Gardens itself is located in a quiet suburb within easy walking distance of the bustling town centre with its wide range of shops and all the essential everyday facilities you’re likely to need.
Just a short stroll away is Stourport’s canal-side area with its selection of places to eat and drink, and leisure opportunities by the water.
The city of Worcester, the beautiful spa town of Malvern with its famous hills, historical Droitwich Spa, Upton-on-Severn, Pershore, Evesham, Kidderminster and other Worcestershire towns, are all within easy reach and well worth a visit.
BE AS ACTIVE OR RELAXED AS YOU CHOOSE: A Bromford retirement community is shaped by its residents, so at School Gardens it’s entirely up to you how you choose to spend your time.
You can simply continue doing the things you enjoy, or take full advantage of the on-site facilities and activities to try out new hobbies and interests or learn something new.
You’ll certainly find that discovering shared interests is a marvellous way to make new friends and there will be a range of activities to choose from, so you’ll never be short of things to do.
It’s all about doing what you enjoy. The Activity Studio is a creative space where you can get together with friends and neighbours and enjoy shared hobbies and interests.
That might include bridge, arts and crafts, dance classes or Tai Chi – the activity programme will be guided by residents themselves.
Stay active and stay young The Fitness Gym is just the place to help you stay fit, with access to a personal trainer who will be available to support you.
(truncated) BEAUTIFULLY DESIGNED FOR COMFORTABLE LIVING Facilities at School Gardens • Café bistro and Lounge • Hair and beauty salon • Fitness gym • Activity Studio • Potential activities at School Gardens • Yoga • Arts and crafts • Cookery classes and demonstrations • Dance classes • Chess/backgammon/bridge • Music lessons and choir KEY FEATURES • 24 hour emergency alarm system • Video door entry system to all apartments • Facilities for satellite TV • Telephone point and fibre broadband internet access to all apartments • Free Wifi and internet access in communal areas • Low surface temperature radiators • Fitted wardrobes to bedroom one • Level access shower rooms to all apartments • Slip resistant flooring to kitchens and bathroom with carpet throughout remaining areas • Lever taps for ease of use • Accessible power points in all rooms • Energy efficient central heating • Wheelchair accessible • High quality fitted kitchens with integrated eye level oven • Fire protection with smoke detectors to all apartments and State of the art sprinkler system • Convenient car parking COMFORTABLE LIVING Each apartment at School Gardens incorporates all the thoughtful design touches you would expect to make everyday living easier – an approach that reflects Bromford’s attention to detail.
The living areas are modern, beautifully appointed and stylish, but also carefully designed for people in later life, with energy efficient heating and thoughtfully positioned plug sockets, telephone and satellite TV connection points.
Your high quality fitted kitchen incorporates an easy-to-use eye level oven, ceramic hob and integral fridge-freezer, integral washer/dryer and space for a dishwasher too.
Your bathroom has equally thoughtful features and attention to detail, like a slip-resistant floor and easy-turn lever taps.
Security is provided by a video door entry system, allowing you to see who’s there without opening the door.
ROUND THE CLOCK CARE The main aim of School Gardens is to make residents feel confident enough to live life to the full, reassured by the knowledge that full-time, round the clock support and care is available on site and can be delivered in the comfort of your own home, if and when you might need it.
Agents Note Flat 45 School Gardens is now around 8 years old. The property is presented in excellent condition and is truly only fully appreciated by personal inspection.
Access is gained via door to: Reception Hall 2.37 x 2.28 - with central heating radiator, built-in cupboard housing central heating boiler, doors to: Living Room 4.33 x 4.19 - with central heating radiator, UPVC double glazed patio door to front elevation with Juliet balcony guard, open plan access to: Kitchen 3.14 x 2.65 - with range of wall and base mounted kitchen units with complementary worktop surface over having inset stainless steel sink and inset electric hob, built-in electric oven, built-in microwave oven, integral fridge/freezer, integral washer/drier.
Bedroom 4.19 x 3.35 - [max including fitted wardrobe] with UPVC double glazed window to front elevation, central heating radiator and fitted wardrobe.
Wet Room 2.59 x 2.17 - [max] with ladder style chrome towel radiator, concealed cistern wc and vanity hand wash basin, mixer shower with splash screen, built-in linen cupboard.
AGENTS NOTE: Please note that the sale includes the display cabinet/sideboard within the living room unless not required by the purchasers in which case the seller is happy to remove.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
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FAQ
About Vernon Road, Stourport-on-Severn, Worcestershire
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