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£120,000

Castlestead View, Castlestead Close, Oxenholme

  • 2 beds
Detached house

£120,000

  • 2 beds
Detached house
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Estimate monthly mortgage payment:

£548 per month

Minimum deposit amount:

£6,000
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Welcome to Castlestead View, a newly built retirement development of 104 dwellings, with 80 apartments and 24 Bungalows in the peaceful village of Oxenholme. The apartments are offered through a shared ownership scheme, and buyers can chose own and share anywhere from from 25% to 75% ownership of the open market value. Only the last few two-bed apartments remain.
Designed to provide fully accessible facilities for both residents and visitors, amenities includes a café/bistro and hair salon for use by the community. There is also a residents’ lounge, activity room, buggy store, guest suite and communal gardens for residents and their guests to enjoy. As well as support from a specialist team, the scheme is managed by a dedicated onsite Registered Manager. The development is based in the charming village of Oxenholme in Cumbria, which is only 1.5 miles from the Lake District National Park.
Living in Castlestead View is a way of extending independent living for owners over the age of 55*, with the Extra Care scheme providing access to welcoming communal areas and optional on-site care.
In this example, the full market value of the pictured apartment 'The Cedar' is £240,000 and the purchase price is based on a 50% share, meaning you pay £120,000 and on the balance you pay a monthly rental of £275 per month.
To arrange a viewing of one of the remaining apartments and the facilities at Castlestead View, please call Hunters today and we will arrange an escorted visit.
*Eligibility for residency is open to applicants over the age of 55, subject to criteria.
The annual Service charge is £3,1117, payable monthly at £259.75. The monthly support fee (£167.37) is mandatory and provides residents with a valuable core support package to support your independent lifestyle.
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