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Mix Of Tenure Options For Redditch Retirement Apartments

Posted 21 May 2021 by Keith Osborne

Purchasing a brand new apartment isn't the only option at Milward Place, an over-60s development from McCarthy Stone...

Milward Place, the latest development from McCarthy Stone in Redditch, is offering several options now for those looking to downsize to an age-exclusive home.

Retirees can now choose from a range of flexible retirement living solutions to suit them and their personal circumstances, whether they prefer to purchase one of the high-quality, low maintenance and spacious apartments outright, rent or take advantage of McCarthy Stone’s part buy, part rent options.

Exclusively for the over-60s, Milward Place offers all the home comforts you could ever need, with a choice of social and leisure activities right on your doorstep. McCarthy Stone’s choice of living solutions helps older house-hunters forget about the upkeep of a larger property or garden and start to enjoy retirement to the full. For example, renting offers more flexibility for those who may want to release all or part of the equity from a current property, or simply want to move quickly, whilst Shared Ownership can offer a more affordable alternative to buying outright.

Ron Daykin moved to Milward Place at the end of October 2019. He rents his apartment, as he didn’t want to be tied in to another mortgage. He explained: “The option to rent was extremely welcome as it allowed me to keep the level of flexibility I desired. I didn’t want to be burdened with having to move again and the stresses this can bring. Taking the decision to move into a retirement community sooner and not waiting until I was slightly older, meant getting myself in the best position, whatever the future might hold.

Ron Daykin“Over the past 18 months, I have got to know everyone, enjoyed lots of coffee mornings where Covid-19 restrictions have allowed and made new friends, so I have really seen the benefits during this challenging time. It has enabled me to have the perfect balance of private and social life. It’s the best of both worlds and it’s allowed me to – get back out there!”

Situated just outside Redditch’s vibrant city centre, Milward Place allows residents to take advantage of the impressive range of shops, restaurants and entertainment just a short journey away. Popular nearby attractions include Forge Mill Needle Museum, Arrow Valley Lake Country Park and Church Green. The Kingfisher Shopping Centre is also easily accessible with a choice of leading brand retailers and department stores.

Purchase prices at Milward Place currently start from £139,950 for a one-bedroom apartment, whilst rental prices currently start from £1,020 PCM (including service charge). Shared Ownership details are available on request. Find out more from McCarthy Stone.

 

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