Cathedral Green Court, Peterborough, PE1

A second floor, two bedroom apartment within Retirement Security's Cathedral Green Court, Peterborough, PE1, which offers independent living for the over 55's. The accommodation comprises entrance hall with double storage cupboard, open plan kitchen/ living room, kitchen includes integrated oven and hob as well as free-standing fridge/ freezer and space for a washing machine, living room includes feature fireplace and views of the park opposite, master bedroom with floor to ceiling built-in wardrobes, modern bathroom with level access shower, plus second bedroom.

Cathedral Green Court is run by owners, for owners, and comprises forty-three spacious one and two bedroom apartments. Amenities include owners' lounge, guest suite, landscaped gardens and owners' parking. The Court, with 24 hour on-site staff, offers owners the opportunity of retaining independence within an active social community. Located in the Cathedral City of Peterborough, the court is less than a mile to the centre with bus stops just outside.

Within the UK, Retirement Security was one of the first to establish Independent Retirement Communities and, since its inception in 1983, has continued to be a trail blazer for nearly 40 years.

The company was established to offer affordable homes within a happy and secure environment carefully designed for ease of access, in which owners could enjoy their retirement and thrive in an active supportive community, but where they could also protect and keep control of their hard-earned finances through running their own communities - Communities for owners run by owners. That remains true today in each of Retirement Security's 32 courts across England and Wales.

It is important to note that a significant proportion of the Service Charge relates to items which the prospective purchaser is responsible for in their present home, such as building insurance, building maintenance, gardening, and domestic help.

The lease provides that a transfer premium is payable to Retirement Security on resale of a property. The maximum premium payable is 3% of the sale price depending on the length of time an Owner has lived at the property. Further information is available from the Court Manager.



Key Facts

Leasehold - Lease approximately 100 years (extension options available immediately)
Service Charge - See attached fact sheet
Ground rent - Zero