A three bedroom second floor apartment with en-suite and south facing walk on balcony.
Adlington Retirement Living is an award-winning developer of retirement living apartments. The Sailings on Alexandra Road offers a selection of 55 privately owned one, two and three-bedroom retirement apartments in the coastal town of Southport. Enjoy modern, stylish living with the benefit of patios or walk-out balconies to all apartments. Low maintenance living in a safe and secure environment, with on-site parking and landscaped gardens.
Imagine more time to enjoy the things that matter most. Time to relax in your new retirement apartment, meet new friends in our homeowners’ lounge, share a freshly prepared meal in the restaurant or take advantage of all that Southport has to offer. If you have a people friendly pet, they’re also welcome too.
All Homeowners living at The Sailings, Southport will contribute to a Service and Well-being Charge. The high level of care, support and services on offer to enhance quality and enjoyment of life are what make Adlington different. These charges are to provide services such as;
Our own management team, Adlington Management Services (AMS) take great pride in providing a high standard of service including checking on our Homeowners well-being and liaising with family and professionals if necessary. They consult with Homeowners on all aspects of the operations of the development and facilitate numerous social events and activities that can be participated in as much, or as little, as you like.
You no longer have to take into consideration the ongoing costs of upkeep and maintenance of your current property, grounds and gardens. As well as owning a modern stylish apartment built to high specification it is also well insulated and cost effective to heat.
We have a vested interest in making sure that our buildings and grounds are always fully maintained and that the apartments retain their value so inheritance is maximised.
Weekly Service and Well-being Charges at Southport are estimated to be;
Payment of the Service and Well-being Charge has to continue even if the apartment is vacant, as it is apportioned between all Homeowners in order to maintain the high standard of service.
As you would expect in your own home other household expenditures will remain as the Homeowner’s responsibility. These typically include:
Adlington developments provide extensive communal facilities, such as the lounge, restaurant and commercial kitchen, coffee lounge, hairdressing salon, guest suite, staff rooms, management offices and the mobility scooter and bicycle store, as well as landscaped gardens and grounds. It is these facilities along with the 24-hour on-site support which makes your new home likely to be suitable for your whole life, without the need to move to a care home. This is a major benefit to well-being, peace of mind and independence and, if it avoids care home fees, also has considerable financial advantages. You will only purchase your own apartment, so in order to recoup the considerable costs of these extensive facilities we levy an annual Ground Rent.
Annual Ground Rent 2019/2020:
The Ground Rent is due annually from 1st January and will be reviewed every year in line with the Retail Price Index.
In addition, to give Homeowners maximum flexibility, we have incorporated into our lease the option for you to buy out your Ground Rent at any time by giving the legal landlord written notice and paying a fee of 40 x the Ground Rent at the time of the service of the notice which will take effect from the 1st January for the following year. For every year after that for the duration of the lease the rent will be “a peppercorn” (i.e. zero pounds).
If you wish to exercise this right upon your initial purchase, please let us and your solicitors know, and we can accommodate this from the outset for the cost of 40 x the initial Ground Rent set for your home. (e.g. to buy out the Ground Rent at the outset for a one bedroomed home it would cost 40 x £400 = £16,000)
While the day to day maintenance of the buildings and facilities is covered by the Service and Well-being Charge, which is kept as low as possible to leave Homeowners with maximum disposable income, major capital costs and refurbishment are not included.
It is important that maintenance is kept to the highest standards for all to enjoy, and to cover any major works, a fee of 0.25% of your sale price for each year, or part-year, of occupation will be levied when you sell on your apartment.
The Building Reserve Fund will build up over time so that money is available to pay for capital costs as they occur e.g replacement lifts, restaurant kitchen equipment, the buildings roof and car park etc. This means that the development is always kept up to the same standard as when you purchased your apartment.
As an example, if a property that has been owned for 9 years and 7 months is sold for £300,000, the fee payable will be £7,500 (Sale price x 0.25% x years or part-years owned).
Additional care packages can be designed to suit your individual requirements. All care packages are drawn up in consultation with you, based upon a careful assessment of your needs and are regularly reviewed, including short term illness and recuperation packages. Costs are based on the level of need per person and will be charged from £20 per hour.
*Offer available on all new reservations at The Sailings with legal completion by 31st January 2021.
Now could be the perfect time to make a move with The Chancellor’s recent announcement granting a temporary ‘holiday’ on stamp duty – with no duty to pay on all properties up to the value of £500,000 from now until the 31st March 2021.
“It’s better for both of us here. I can go cycling. Jean can walk to the shops, use her bike and go for a ride if she wants to, go to Knit and Natter every fortnight, and there are plenty of people here who she can talk to. We’ve made friends already and I can tell they’re going to be like a second family. We should have moved years ago.”
“I’m looking forward to having all of my children and grandchildren come for a meal in the restaurant here at The Sailings. I would be delighted to take them all for dinner at their Grandad’s Five Star hotel. That’s what we refer to it as! The whole operation here is wonderful.”
“I’m very happy to call The Sailings my home now. The staff here are very, very good. When I moved in, they were all so kind and helpful and I’ve got to know them all really well.”
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