2 Bedroom Apartment, Priory Road, Stamford, PE9

Exciting First Floor Retirement Living | Shared Ownership | Stamford

With over 60 percent of apartments already reserved at Barley Ridge Gardens, this is a fantastic opportunity to secure a beautifully designed retirement apartment in one of the UK’s most desirable market towns.

Apartment 14 is a spacious two bedroom, first floor apartment with a north west aspect, offered under the Older Persons Shared Ownership scheme exclusively for the over 60s.

This intelligently designed apartment offers a bright and generously proportioned living room, ideal for relaxing or entertaining. The contemporary kitchen includes integrated appliances and a waist-height oven to minimise bending and lifting. A washer dryer is neatly housed within the utility cupboard.

The principal bedroom benefits from a walk-in wardrobe and private en suite shower room. The second bedroom is a genuine double, perfect for guests, hobbies or a home office.

The shower rooms include:

• Walk-in showers with low profile trays
• Comfort-height WCs
• Low slip flooring
• Sleek contemporary fittings

Designed for Easier Living

Every apartment at Barley Ridge Gardens has been carefully considered to make life simpler now and in the future:

• Higher positioned plug sockets
• Easy-turn taps
• Sky Q connection point in the living room
• Ultra-efficient heating, water heating and heat recovery systems
• Super insulation to help keep the home warm in winter and cool in summer
• Integrated fire detection and intruder alert systems
• Digital personal alarm connected to 24/7 emergency assistance
• Secure TV camera entry system

Life at Barley Ridge Gardens

Set against open countryside with views towards allotments and the River Welland, yet within walking distance of Stamford town centre, Barley Ridge Gardens offers the perfect blend of peaceful surroundings and everyday convenience.

Residents enjoy:

• Beautifully landscaped communal gardens
• A welcoming homeowners’ lounge with Wi-Fi and state-of-the-art audio and visual system
• A stunning rooftop terrace with countryside views
• Guest Suite for visiting friends and family (subject to availability)
• Lifts to all floors
• An on-site House Manager available approximately 25 hours per week, Monday to Friday
• A 24/7 remotely monitored emergency call system
• Parking spaces available for purchase, subject to availability
• Mobility scooter charging facilities
• Well-behaved pets permitted subject to policy

Stamford offers Waitrose, M&S, independent boutiques, cafés, restaurants, medical services, Stamford Corn Exchange Theatre, bus links and railway connections. It has recently been named one of the best places to live in the UK.

Older Persons Shared Ownership Explained

Apartment 14 is offered under the Older Persons Shared Ownership scheme, subject to the development’s age restriction of 60 years and over.

Key points:

• You can purchase up to 75% of the property
• When you reach 75% ownership, no rent is payable on the remaining share
• Rent (where applicable) is calculated at 2.75% of the remaining share owned by the landlord
• Rent is reviewed annually using CPI plus 1%
• Initial repair period – up to £500 per year for the first 10 years to assist with essential repairs
• Landlord nomination period of 4 weeks should you decide to sell your share

Reservation Fee: £500 (refundable subject to the terms of the Reservation Agreement).

Eligibility criteria and financial assessment apply.

Tenure and Charges

Leasehold – 990 years from and including 18 December 2025.

Maximum ownership 75% – the property will always remain leasehold.

Council tax band – to be determined (new build).

Service Charge: £301.35 per month (in addition to any rent payable).

The service charge contributes towards the day-to-day running and long-term upkeep of the development, including:

• Electricity, heating and lighting of communal areas
• Maintenance of the building structure and landscaped gardens
• Lift servicing and safety checks
• Building insurance
• On-site development staff
• Professional management and administration
• Contributions to a future maintenance reserve fund
• Water and sewage for communal areas
• The 24/7 emergency call system

In short, it removes the burden of maintaining a large property yourself, allowing you to enjoy secure, low-maintenance living.

Failure to pay rent, service charge or mortgage could result in repossession.

Floorplans and room dimensions are provided for guidance only. Measurements are maximum dimensions and layouts shown are typical designs provided by McCarthy & Stone. Individual apartments may vary.

Media added to this listing is representative of the development and may not reflect a specific property.