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On the Market Shared Ownership

CHAPTERS, SALISBURY

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From £120,000*

In an effort to disrupt the traditional look of retirement communities, Platinum Skies is preserving history while providing much needed stylish, contemporary living for over 55s. The retirement village Chapters is a collection of apartments, cottages, and larger houses, with shared ownership available, which look to get away from downsizing to the cookie-cutter style of retirement blocks and right-size into living in a real community. 

Located in the grounds of the historic 19th century Finch House, Chapters is in the heart of the city, just a short walk to Salisbury’s fashionable high street and everything the Old Town has to offer is at hand.

A Lifestyle Manager is on hand to organise regular social gatherings and events. There is always something on for neighbours and friends to enjoy together, whether it is a fitness class, book club meeting, or gathering to watch the big match at the weekend. Take a breath of fresh air with Sunday strolls around the courtyard gardens and enjoy some gardening in the greenhouse and potting sheds. The on-site bistro serves delicious meals throughout the day and the private lounge is ideal for meeting friends for coffee or an after-dinner drink. 

Shared ownership means you purchase a share of the property, usually 50% and pay rent on the remaining portion you don’t own. There is also a management fee which covers maintenance of communal facilities too. Shared ownership is the perfect way to enable you to free up equity when you downsize, enabling you to have more cash to spend on a day-to-day basis. It also significantly broadens access to high quality, new build developments, with a whole host of additional facilities and activities which are typically only available at the most exclusive and expensive developments.

platinumskies.co.uk

*Based on a 50% share with a full market value of £240,000

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