6-months free Service and Well-being Charge*
The Folds in Romiley is now selling and features a range of 50 one, two and three bedroom retirement apartments, plus a host of communal facilities including a table service restaurant. And, as a timely reminder, The Chancellor has announced a temporary ‘holiday’ on stamp duty from now until 31st March 2021.
We can now offer private viewings of our show apartments Monday to Saturday, 10am – 5pm. Whilst our communal facilities are being enjoyed by our Homeowners, they currently remain closed to visitors who can see into them but not enter at this time. We kindly ask you limit visitors to two individuals, where possible. Car parking is available on-site.
A select collection of 1, 2 and 3 bedroom retirement apartments for sale in Romiley near Stockport, Greater Manchester, most with balconies or patios and many with en-suite shower rooms. The development will offer an independent lifestyle with tailored care and support available should it be needed, all in a safe and secure environment designed specifically for later living.
All our Homeowners contribute monthly to a Service and Well-being charge to cover services such as:
Our on-site management team are always available to Homeowners and check on their well-being, liaise with family and professional services as required. They also organise a full calendar of social events and activities.
2020/21 Weekly Service and Well-being Charge at The Folds are;
It is important to point out that payment of the Service and Well-being Charge has to continue even if the apartment is vacant, as it is apportioned between all apartments in order to maintain the high standard of service.
While your own household expenditure should reduce when you move to The Folds, it’s important to remember that you’ll still be responsible for:
The Folds offers extensive communal facilities which are at the heart of a thriving community. These include our Homeowners’ lounge, table service restaurant, coffee lounge, hairdressing salon, guest suite, staff rooms, management offices, and the mobility scooter and bicycle store, as well as landscaped gardens.
We charge an annual Ground Rent to recoup the considerable costs of investing in these extensive facilities.
Annual ground rent fees:
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 to buy out your Ground Rent at any time by giving the legal landlord written notice, and paying a fee of 40 x the annual Ground Rent at the time of the service of the notice, which will take effect from the 1st January 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 solicitor 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 bedroom home would cost 40 x £900 = £36,000).
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 needs and regularly reviewed, including short term illness and recuperation packages. Costs are based on the level of need per person and will be provided in advance and charged approximately from £21.00 per hour per carer.
*Offer available on all new reservations at The Folds with legal completion by 30th November 2020.
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.
Audrey Davey wanted a fresh start in a new apartment with a friendly community.
Originally from Norfolk, Audrey moved to the area in the 1960s, with her husband and young daughter, Karen, to be closer to her mother.
“My first husband, Clive, was 43 when he died. That was quite a shock. I’d actually known my second husband, Eric, since Karen was four years old. When we moved from Norwich to Manchester we were neighbours. Karen’s now 61, so we knew each other for all that time and were married for 35 years.”
Audrey and Eric had lived in their three bedroom home in Bredbury for the whole of their married lives. Audrey worked as a carer in Stockport for 29 years and Eric worked as a foreman for GEC and often travelled abroad before they both retired.
“I used to look after old people. I loved it! Eric had a good job working with turbine generators. We had a very happy marriage.
“Once my husband died in January I just couldn’t stay there, it was too hard. 35 years of marriage is a long time and all of a sudden he’s not here. I didn’t see anybody in the house and it just got me down.
“I said to my daughter ‘let’s go and have a look at those apartments in Romiley’. I wanted a fresh start. We came and had a look and we both really liked it here so I made the decision in January and moved in here in June.”
“The best thing I did was move. I love it here.”
It had been particularly difficult for Audrey to stay in her house on her own during the recent UK lockdown.
“I couldn’t get out. I had to rely on people to do my shopping. Fortunately, I don’t eat a lot and I had plenty of food in so I was ok.
“Since I’ve moved up here, I can look out on the garden or go out in it and its beautiful. My daughter has arranged for somebody to come and do my shopping for me. All the girls here at The Folds have told me if I need anything at all, I’ve only got to say. In fact, we’ve been having freshly cooked meals delivered to our front doors over the past few weeks.”
The team at Adlington Retirement Living also arranged help for Audrey to move.
“The lady who helped me to move was very, very good. I did the packing and she came on the day I moved and made sure everything was in the removal van. When I arrived, I relaxed in a different room whilst she put everything away for me in my new apartment. It was so helpful. I wouldn’t have been able to move furniture around, which she did, and I didn’t have to tell her where to put everything. She made a really lovely job of it. She was lovely, really lovely.”
“I’ve felt a lot better in myself since I’ve been here. My apartment’s gorgeous. I have a one bedroom apartment and it’s lovely. It’s all on one floor so I’ve no stairs to climb or anything. It’s beautiful. It’s the best thing I’ve done because I can talk to people, I can get out, I can go for a walk around the garden if I want to.
“If I was going to give anybody thinking about moving to The Folds any advice, I’d say do it!”
Now Audrey’s looking forward to spending time in the Homeowners’ Lounge and Coffee Lounge, getting involved in some activities and celebrating her birthday next month.
“There’s a lady here who goes to the same club as me in Romiley – the Civic Club. We talk, play games, do jigsaws and things like that. I’ve seen there’s a jigsaw table in the Homeowners’ lounge. There’s quite a bit to do here. They’re asking us what we like to do. I like knitting, sewing, flower arranging and we’re going to get some of those activities going now. They’re on the ball here, they’re a very nice lot.
“I’m 84 next month and we’re going to have a little celebration. My daughter lives in North Yorkshire now so she’s going to come and stay in the guest suite here and we’re going out for a meal.”
Hannah Douglas was ready to move from her four bedroom house in Romiley but still wanted to enjoy living in the heart of the local community.
Originally from Germany, Hannah came to the UK for a one-year visit when she was 20. Her plan at that time, was to return to Germany at the end of the year to attend university. Those plans changed when she met her future husband, Geoffrey, at a friend’s birthday party. They fell in love and Hannah has happily lived here ever since.
Soon to turn 89, Hannah says: “That one year has been going on for quite some time! We had a happy life together and had three children.”
Having been married for two years and with a three month old baby, the couple moved to Romiley in 1955. Geoffrey was a marine engineer and, having raised their three children, Hannah later volunteered as a guide at nearby Lyme Hall for 25 years.
“I’ve lived in Romiley for 65 years. I’ve always enjoyed it here. It’s always been a nice, friendly place.”
When Geoffrey died 24 years ago, Hannah continued to live in the family home but recently felt that it was time to move.
“Seeing as it had four bedrooms, it was a bit too big for me. I knew I had to make a decision sometime, so when I thought about the possibility of coming to The Folds, carrying on living here in Romiley and still meeting all my friends, well, what could be better!
“I like the big rooms. Normally when you move to an apartment the rooms are fairly small and the size of the rooms here appealed to me. When I came to have a look, I quickly decided what I wanted to do. My children came and had a look too and I moved in at the start of July.
“I enjoy being independent and getting out and about, so The Folds is perfect for me and it’s nicely situated. I don’t need to do any gardening, which is heaven. I also have a balcony with a chair and table on it and when it’s fine and warm, I can sit up there. It’s lovely!
Being at the heart of the local community is important to Hannah and was one of the main reasons that The Folds appealed to her.
“Romiley has quite a lot of history and it’s not too big to get to know people and to have friends. Once this lockdown situation is over, my friends will be able to come here to visit me. Some of my friends I’ve known since I moved here 65 years ago. I think that shows you the kind of community we have here. People don’t move away unless they have to.”
School Brow, Romiley, Stockport, SK6 3FL
Romiley is an area of the Metropolitan Borough of Stockport sitting on the Peak Forest canal and gateway to the Peak District. Historically part of Cheshire, Romiley borders Marple, Bredbury and Woodley. Boasting four conservation areas and protected by local official to preserve the towns architecture and history also wildlife and landscapes.
Romiley Railway Station is *0.5* mile away from 'The Folds' an easily accessible 10 minute walk or 7 minute drive, where travel to places like Manchester Piccadilly is a mere 40 minute journey away.
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“I had always thought I would move home in the future but when I came to look at Adlington I thought this is the future. The day I moved in I sat out on my balcony and thought this is absolute bliss – and I have never stopped thinking that.” Mrs Burgess – The […]Read more. Mrs Burgess