Newton King are delighted to offer to the market this 1 bedroom retirement apartment for the over 55's it is set on the second floor of this popular development which is located within close level walking distance of Taunton town centre.
The development consists of 49 retirement apartments with a range of communal facilities which include residents lounge, guest bedroom, communal gardens and communal parking as well as having an on site house manager. Internally the front door leads into the entrance hall with a good size living room with patio doors onto a Juliet balcony. There is a fitted kitchen with space for cooker and fridge, double bedroom and bathroom suite. The property is heated via electric night storage heating and benefits from uPVC double glazing.
Management Fees are £2132PA and Ground Rent is £150 PA approximately 72 years remain on the lease.
LOCATION: Beech Court is found within close walking distance to Taunton bus station and Taunton town centre which has a large range of shopping leisure and scholastic amenities. Taunton itself offers access via junction 25 of the M5 motorway and a main line intercity railway station.
Please contact Newton King to arrange an accompanied viewing between 9am and 7pm
5' 3" x 8' 5" (1.60m x 2.57m)
6' 4" x 5' 4" (1.93m x 1.63m)
9' 8" x 12' 1" (2.95m x 3.68m)
11' 8" x 15' 3" (3.56m x 4.65m)
Call us now on 01823 259753 to
book a viewing or to get more information
EPC for Beech Court, Tower Street, TAUNTON, Somerset
Floorplan for Beech Court, Tower Street, TAUNTON, Somerset
Retired homeowners in the UK now collectively own property worth £861 billion with their total property wealth increasing by more than £33 billion in the past six months, the equivalent of around £1,200 a month each.
New research from over 55s financial specialist Key Retirement Solutions says that their total property wealth is now at its highest level since the firm started monitoring the housing wealth of the over 65s five years ago, with pensioners who own their homes outright having earned an average of £7,117 each from their homes in the past six months.
Since Key started monitoring the housing wealth of the over-65s, in January 2010, total pensioner property wealth has increased by £81.27 billion – the equivalent of £17,323 each.
Its Pensioner Property Equity Index shows over-65 homeowners now own property wealth of £861.188 billion outright as a result of higher property prices across most parts of the UK.
Retired homeowners in London saw the biggest gains, at an average of over £20,675 each in the past six months, while homeowners in the South East are more than £14,123 better off and pensioners in East Anglia are £13,105 better off.
Only retired homeowners in the North East saw a fall in housing wealth with average losses of £581 in the six months.
Key’s figures show almost a fifth of all pensioner property equity is owned by over-65s in London with total wealth of £167.731 billion. Nearly two thirds of pensioner property wealth is concentrated in London, the South East, the South West and East Anglia.
“Retired homeowners have huge assets in their houses with total property wealth hitting an all-time high of £861 billion,” said Dean Mirfin of Key Retirement. “In the past five years they’ve made an average of more than £17,000 each from their homes.”
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