Perfect presents for personalities
Perfect presents for the personalities in your life If you’re the...
With demand for senior housing growing and limited land available, well-designed retirement apartments are becoming increasingly precious. Retirement properties that hold their value are especially important for buyers looking to secure a sound investment. To help protect long-term value for those who choose to buy, when the time comes to sell, we take a two-fold approach:
Homeowners contribute a capped, value-linked sum to maintain the community’s quality and resale appeal. This replaces traditional ground rent in our new developments. There are sometimes two options where you can agree this contribution at the point of purchase or you can contribute once the property is sold. Either way you can be reassured that the building your apartment is within will be as attractive to a buyer in the future as it was for you. Whilst this contribution may feel expensive, it is worth comparing the quality that is maintained with an Adlington community versus others, where the community becomes tired and dated over time and therefore harder to sell.
Launched in 2023, Adlington Estates is our dedicated to selling “pre-loved” apartments within our managed portfolio. We recognised that traditional high street estate agents did not really understand the benefits IRC’s (Integrated Retirement Community) offer and were often “under selling” when appointed by vendors to re-sell. We now have a market share on resales of over. 90% and are frequently able to resell properties faster and often with a higher price than local estate agents.
Tim Crichton, Resales Manager
Tim Crichton, Adlington Estates resales manager, said: “At the heart of everything we do is the desire to make the process better for our homeowners, for their families, and for our new homeowners who purchase the apartments. Our in-depth knowledge, empathy and expertise creates a better experience for all our clients.”
During their first 18 months since Tim launched the service his team achieved, on average, 97% of the asking price and a 6.23% increase in the value of the apartments sold.
A customer who sold their late father’s apartment said: “Adlington Estates gave us great advice about how to market the apartment, including all the unique features and services available. As a member of the Adlington team, Tim has an insider’s insight into the experience of living in the retirement community and promoting all its positive aspects for older adults. We also found him to be sympathetic to the situation we found ourselves in after the sudden passing of our father.”
“Having expert knowledge of retirement communities… Adlington Estates was ideally positioned to secure a quick sale for us at a very good price.”
Another customer, who sold her late mother-in-law’s apartment, said: “Having expert knowledge of retirement communities and personal knowledge of the staff, Tim was ideally positioned to secure a quick sale for us at a very good price and his in-depth knowledge was a reassurance to both us and prospective buyers. It made what could have been a very difficult situation very straightforward.”
Explore a Adlington Retirement Living community near you or find out more about the Adlington Estates resales services
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