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Downsizing to fund retirement at Cliveden Village

1st October 2014 Print
Cliveden Village

More than two million people over the age of 55 intend to raise extra cash for their retirement and for one-off purchases by downsizing to a smaller property. According to a survey by Prudential, homeowners are hoping to raise more than £85,000 on average by selling their homes and buying a cheaper property with the proceeds. More than three-quarters of over 55s who plan on selling hope to release equity through the sale, with 42 per cent saying they will use some of this to splash out on a one-off purchase.

Trading down to release some equity enables homeowners the chance to enjoy a special holiday or to help children although, according to the Prudential research, most plan on using the equity to fund their remaining years. Research found that 41 per cent say they would save or invest the cash they raise, while 29 per cent will put some into their pension pots attracting tax relief in the process. However, what is important to all downsizers is that the quality of their life is not compromised. The research showed that many say they can comfortably live in a smaller property with three in five of the downsizing over-55s saying they are attracted by the convenience of running a smaller home and one in five want to save money on the cost of running a home.

Perfect for those looking to downsize without compromising on style or comfort, Cliveden Village is a luxury development of contemporary houses by Countryside that has been designed exclusively for the over 55’s. Situated within the grounds of the National Trust’s Cliveden Estate, the development is situated in Taplow, Buckinghamshire.

Andrew Loveday, Sales Director at Countryside comments: “Many residents at Cliveden Village talk about not just the fact that downsizing has released some equity for them, but that homes at this development are far more convenient for their lifestyles. There is a great sense of community, lots of activity clubs and events to join in, a great variety of leisure facilities in the surrounding area and maintenance issues are significantly fewer when compared to an older home. In addition, for those that like to travel, the development is very secure with a concierge service that oversees day-to-day life within this gated development and provides an overall security role to ensure peace of mind, especially when residents are away on holiday or if they live abroad for part of the year.”

Nestled within mature woodland, this exceptional development of 131 contemporary new homes echoes the elegance and exclusivity of its surroundings. A haven of peace within easy reach of London, Cliveden Village is a unique active community that offers residents a host of social events and facilities.

Currently available is the Juniper housetype, a three-bedroom house boasting an enviable specification. Featuring a spacious open plan living, kitchen, dining room, with floor to ceiling glazed doors opening onto the rear garden, the ground floor is complete with a cloakroom, utility room and integral garage. The impressive master bedroom suite on the first floor is spacious in design and includes a luxurious en-suite bathroom with a separate bath and shower. The two additional double bedrooms also each include an en-suite shower room, making them ideal for overnight guests.

All properties come complete with an excellent specification, including contemporary kitchens with quality branded integrated appliances and contrasting white and wood effect gloss units with quartz stone work surfaces. Bedrooms are designed for luxury with fully-fitted oak finish wardrobes with mirrored sliding doors to master bedroom.

Residents at Cliveden Village benefit from a concierge service, which is available five days a week, to oversee day-to-day life within the development and deals with everything from communal landscape maintenance through to refuse collection and recycling. The concierge can accept home deliveries and provides a constant presence, keeping an eye on things during the week. CCTV also links the concierge office to the secure underground apartment car park.

For downsizers who enjoy swimming, tennis or even squash, buyers at Cliveden Village can become members of the exclusive Cliveden Club, a social and country club, based at the nearby five star Cliveden House Hotel. Here, the Cliveden Pavilion Spa features indoor and outdoor pools, tennis and squash courts, a Jacuzzi, sauna and steam rooms, a gymnasium and exercise studio.

Cliveden Village is in a highly desirable location with an array of shops and restaurants nearby as well as offering excellent links for travel by road, rail or air. Taplow Station is approximately two miles away with a swift, 35-minute, service to London. The M4 and M40 motorways are convenient, giving access to the M25, while Heathrow airport is just 15 miles away.

The homes at Cliveden Village are priced between £575,000 and £850,000. A three-bedroom Juniper house is priced from £800,000. For information, visit clivedenvillage.net.

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Cliveden Village