Written by Lisa Proffitt | 14th February 2023
Sixty is officially the new 40, and while many of the country’s over 65s want to downsize from their large family home, they don’t want to downgrade their lifestyle and aspirations. The answer for many is to buy or rent a luxury retirement property and we’re seeing a huge increase in demand for these types of homes.
New retirement living developments are designed to combine exceptional style with all modern comforts and include newly built houses, bungalows and one and two bedroom apartments. So what are the benefits of renting or buying a luxury retirement property?
1. Ideally located. Developers choose locations that make it easy to get out and about and luxury retirement homes are often close to a high street with amenities and entertainment within walking distance. McCarthy Stone has a new Retirement Living PLUS development in the picture postcard market town of Olney in Buckinghamshire offering one and two bedroom apartments. In addition, newly built two bedroom cottages and one and two bedroom apartments are available at McCarthy Stone’s The Cloisters development on the high street in Great Missenden in the Chiltern Hills.
2. Cost-effective. Retirement living homes have been built to the highest standards and as a result benefit from low monthly bills. Record breaking energy costs following Russia’s invasion of Ukraine have had a huge impact on the cost of heating our homes. Moving to a modern property with fewer rooms could save homeowners thousands of pounds a year in energy bills.
3. The lure of lock up and leave. Retirement years offer the longed-for freedom to travel the world and the country visiting family and friends. Retirement homes are the ultimate lock up and leave property; you can safely turn the key in the front door as you head off, confident that your home is safe and secure with people on hand to keep an eye on things while you’re away.
4. Convenience. The time-consuming burdens of home maintenance such as clearing the guttering, painting exteriors and organising DIY are all taken care of for you and included in the regular service charge, leaving you more time for the things you love. McCarthy Stone are offering new buyers at their Penny House development in Olney a 50% reduction in their annual service charge for the next five years. Contact us now to find out more about this time limited deal.
5. No more unexpected maintenance bills or emergency call out charges. If the boiler stops working, a pipe bursts or a wall falls down in the garden, the problem will be sorted out for you.
6. Spectacular interiors with luxurious communal areas and the sort of high class facilities that you’d expect to find when staying at a swanky hotel, including restaurants, bars, hair salons and state of the art gyms.
7. Beautifully maintained landscaped communal gardens with terraces for dining alfresco.
8. Entertainment and events on your doorstep. Many luxury retirement developments organise weekly entertainment, whether that’s dance and exercise classes or book and film clubs for those keen to be part of the community’s friendly social hub.
9. Safety and security. Staff are on hand 24 hours a day to offer on-site care support and security giving invaluable peace of mind to home owners and their families.
10. Your home, future-proofed. Luxury retirement homes are designed with the comfort and well-being of over 65s in mind. Stylish open-plan living, wet rooms and integrated modern appliances make living easy, whatever your age.
If you would like to talk to us about moving to a retirement property then please contact your local Michael Graham office and our team will be delighted to talk you through all the properties we have available.
Fill in the form below and a member of our team will contact you to discuss your search criteria and give you more details about our discreetly marketed property.