Off-Plan Sales Begin On New Essex Retirement Properties

People in Great Dunmow are invited to make the most of their first opportunity to reserve one of the brand-new apartments at McCarthy Stone’s forthcoming Stane House Retirement Living development, as the exclusive properties have now been released for off-plan sales.

Stane House has been exclusively designed for retirees aged 60 and over so they can continue enjoying their independent lifestyle, rather than worrying about the upkeep of a larger property. The development has already received a high level of interest from those who are looking to downsize to an apartment within a community full of like-minded people.

Once complete, Stane House will comprise 29 one- and two-bedroom apartments, with first occupants expected in spring 2023. The development will have plenty to offer, with fixtures and fittings including top-of-the-range built-in appliances in every apartment. Landscaped gardens will be maintained all year round and provide a setting for many social activities during the summer months.

The sales release at Stane House also marks an important milestone for the Great Dunmow community, as, when the development is finalised, it is set to bring a financial boost to the local area.

According to the latest report by Homes for Later Living, retirement housing creates more local economic value and local jobs than any other type of residential development. It is also estimated that those living in a typical retirement development, such as Stane House, will generate £550,000 of spending per year, with £347,000 going to local shops on the high street. This will in turn help to support retail jobs and further enhance the local economy in Great Dunmow.

Sam Watkins, divisional sales director at McCarthy Stone, commented: “We are really pleased to launch the forthcoming Stane House in Great Dunmow. It has been reported that people living in retirement housing are more likely to spend money locally than people of the same age living elsewhere, so the new McCarthy Stone Retirement Living development is set to provide much-needed added investment for the local area. This will ultimately help keep local shops and services in Great Dunmow open, whether it be the butchers or the local café, and will benefit many other businesses that often make up the heart of our communities.”

Once finished, future homeowners at Stane House will feel safe and secure with a house manager on hand to take care of the day-to-day running of the development, while a 24-hour emergency call system will provide added peace-of-mind. There will also be a homeowners’ lounge and garden, perfect for getting to know your new neighbours. A range of flexible Retirement Living solutions will also be available, including buying outright, rental, or part-buy, part-rent [https://www.whathouse.com/part-buy-part-rent/].

Find out more about current McCarthy Stone development across the East of England.

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