Commercial property


Property developers sell £2m of retirement apartments at one event

Written by Peter Davison on .

Over £2m of top end retirement apartments were sold off-plan at an English cream tea event-themed event in Marlborough last week.

Renaissance Retirement’s Fleur de Lis complex – under construction at a former builders yard off London Road – will consist of 28 one- and two-bed apartments, priced between £295,000 to £630,000.

The event attracted 30 prospective buyers, and the developer was keen to stress that moving to its retirement complex does not necessarily mean downsizing, as one of the apartments boasts 1,500 square feet of space – about the same as a three-bedroom house.

Sales manager Matt Smith said: “We are delighted with the start of our sales launch. Who says you need to downsize when you want to move out of the family home? We have some very spacious apartments on sale.

“Our message is not to think ‘downsizing’ but ‘rightsizing’.”

Chris Wotton, marketing director at Renaissance Retirement added: “Prospective buyers were very encouraged with how the apartments will look inside. It will be one of the major new homes’ launches this year in the region and not one to miss.”

Ideally suited to those seeking to maintain a quality standard of independent living, each of the properties is connected to emergency call systems and 24-hour security, as well as an on-site concierge who is on hand to assist owners and oversee the development’s daily operation. A stylish owners’ lounge and guest suite are also accessible to all owners.

The first residents are expected to move in in the Autumn.