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anyone ever sold a retirement flat?
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Mastini_2
Posts: 19 Forumite
do they move extremely slowly or am i just being unlucky?
Debt at highest: 23,735
Debt now: 17,355
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Debt now: 17,355
Paid off: 6,380
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Comments
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There are 2 or 3 small retirement/over 55's developments in my area & as I keep my eye on the property market generally, intending to move & possibily downsize next year, I've noticed that these flats do seem to take months to sell.
There is one for sale very locally & it's very desireable, small block of 8 flats, block designed with communal doors per 4 flats, meaning 2 flats on ground floor, 2 flats on 1st floor for each section of block.
The rooms in these flats are wonderfully spacious & a comparable non retirement/over 55's property for sale would be marketed at a price in the region of £60-£80,000 more.
The particular flat I'm talking about has just been reduced by £15,000 in the hope of a quicker sale. The owner has now gone into care.The bigger the bargain, the better I feel.
I should mention that there's only one of me, don't confuse me with others of the same name.0 -
I also have a small number for sale in my area and it's the same, they do seem to be on the market quite a while.
Good luck with yours.0
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