Take the Liberty to downsize to your new home at Royal Arsenal
According to the latest bi-annual Downsizing Index from Prudential, 41% of homeowners aged 55+ plan to sell their home in the near future, up from 38% six months ago with 75% of those planning to downsize. Offering a perfect opportunity to release capital, reduce household bills, lower maintenance needs and enjoy a more relaxed lifestyle, many people consider the need for a smaller property to be a key factor in moving house. With the trend set to continue over the next few years, Viridian’s The Liberty in Royal Arsenal, offers a stunning development for over 55’s looking to downsize in style, with a wealth of amenities at hand.
Felicity Gentle, Development Sales and Marketing Manager of Viridian Housing comments: “Many retirees look to free up funds by downsizing their property so that they can help out their grown up children and also have the cash to enjoy their retirement years. People in this situation are recognising the benefits of moving to developments specifically catering for people at their stage of life. In addition to fantastic and secure new build homes, The Liberty offers a wide range of communal facilities within an attractive environment to make sure there is plenty on offer to appeal to those who are still young at heart.”
Situated within Royal Arsenal Riverside, The Liberty comprises 98 luxury two bedroom apartments exclusively for buyers aged 55 and over, offering residents a new lifestyle within a sociable community.
Much more than just an apartment building, The Liberty itself provides residents with access to a range of communal amenities including a 24 hour concierge service, studio room, internet area, hair salon, nail bar, spa bathroom, fitness studio, lounge bar, waiter serviced restaurant, residents lounge, communal gardens and hotel style guest rooms that are available to book for a night or two.
All apartments at The Liberty are carefully designed to make the most of space and light and finished with a high quality interior specification including contemporary fitted kitchens with integrated appliances and elegant bathrooms suites. There is a strong emphasis throughout on energy efficiency and accessibility for wheelchair users to make sure that homes are accessible in the long term for their residents. All of the apartments benefit from private outdoor space in the form of private balcony terrace or winter garden. /more
Residents will be spoiled for choice with transport links, Royal Arsenal Riverside’s main gates are 300 metres from Woolwich Arsenal station, giving access to both national rail and DLR connections to London City Airport, Docklands and The City. Located adjacent to The Liberty, the arrival of Crossrail in 2018 will further enhance the town’s status as a major transport hub. Also located on site, the Royal Arsenal Riverside Pier is a scheduled stop for the Thames Clipper river ferry service. Last but not least, also accessible to the development is a network of stunning riverside walks and cycle paths.
Properties at The Liberty under Viridian’s shared ownership scheme start from £211,500 for a two bedroom apartment based on a 60% share of the full market value of £352,500. Further information on The Liberty is available at thelibertyapartments.co.uk.
In some cases, Viridian Housing has been able to provide additional financial assistance to residents who were identified as not collecting the full range of welfare benefits that they were entitled to, such as pension credit, housing benefit and attendance allowance. This has meant that their rent and service charge has been covered by their welfare benefits leaving their state pension to cover their day to day living costs.
