Molesworth Court in Wadebridge
Molesworth Court is a leasehold development of 28 mixed retirement flats including a small number of maisonettes.
Ideally situated in the centre of Wadebridge, this popular development of flats lies within landscaped gardens.
Residents enjoy the social benefits of this central location and benefit from a communal lounge, laundry and guest room. The flats are serviced by a lift. New residents are accepted from 60 years of age.
If you are interested, please contact the team at Molesworth Court for an informal chat about the scheme, and Westward's home ownership services for an application form when a property is available to purchase.
L.S.E.
What is a leasehold scheme for the elderly?
Molesworth Court provides a sheltered accommodation for elderly retired people on a 60 year lease. The purchase price is 70% of the market value assessed by an independent RICS Valuer. For example, if a property was valued at £150,000, the purchase price would be £105,000.
As it is a government scheme, the accommodation has been provided with public funds. Westward endeavours to operate a prioritised waiting list, thus ensuring that those most in need of scheme manager assisted accommodation are given every opportunity and assistance to purchase a property.
