McCarthy & Stone - South West says ..

Property Oracle says ..

This one-bedroom retirement apartment located at Lowry Way, Swindon, is part of the Gilbert Place development. The property is marketed towards those aged 70 and over and emphasises its independence alongside provided on-site care services. Based on the provided images, the apartment is newly built and furnished to a high standard. It features a modern kitchen and bathroom. The development includes a communal lounge, bistro, and landscaped gardens, suggesting a comfortable and supportive living environment. The proximity to several well-regarded primary schools (one rated ‘Outstanding’) is a positive aspect, particularly for families with younger children living nearby. The property’s location within Old Town provides a sense of community, but further details on proximity to shops, supermarkets, and other daily essentials would enhance the assessment. While the listed price of £140,000 might seem reasonable based on similar retirement properties in the vicinity, the lack of plot size information and a comprehensive local market analysis limits a definitive conclusion on its value for money. The apartment’s suitability is primarily geared towards the target demographic and those prioritizing convenience, safety, and readily available care services. The energy efficiency rating of B further adds to the desirability of the property given the current climate.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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