1 Bedroom Retirement Property

A one bedroom first floor retirement apartment set in Retirement Security's Oaktree Court, Milton Keynes, MK15. Comprising an entrance hall with storage, fitted kitchen, living room, master bedroom with built in wardrobe and a wet room with level access shower. The lease for this property is currently being extended to 990 years.

Oaktree Court is run by owners, for owners and comprises fifty-one spacious one and two bedroom apartments and bungalows. Amenities include owners' lounge, on-site dining, 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 Willen, Milton Keynes, The court is 0.2 miles from Sainsburys and less than a mile to Willen Lake.

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.