Staying where I am

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Title : Staying where I am
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Staying where I am

When I was bimbling around Buxton the other week, I spotted this new build. It is a  block of retirement apartments. For over 70's it said on the sign. Oooh, I qualify. It is located next to the railway station quite close to the town. 
My first impression was it looks like a prison. All it needs is a barbed wire fence around it with a lookout post on each corner. I can't see me living in a place like this. 
They haven't finished building it, there are more apartments going up round the back of it. There is nothing attractive about this building at all. It looks bland and boring, with no character whatsoever. I would sink into depression if I lived in a place like this. 
I've had a look at their web site. The cost of a one-bedroom apartment on the ground floor is £236,999. It is a leasehold property with just under 999 years left to go. There is a weekly service charge which includes ground rent, of £162.73. 

I would never be able to downsize to a place like this even if I wanted to. It costs way more than my three bed semi-detached. 

My house needs work doing to it, because I haven't spent much on it since I have been here, so I would have to price it accordingly if I were to sell it. The price I would get wouldn't be enough to buy something smaller, like a bungalow.  

I could sell, then find somewhere to rent, but that would be a bit of a shock knowing what the rents are like these days. My pension would not cover the cost of renting, so the money from selling would have to subsidize my living costs and wouldn't last forever. 

There is no urgency to make a decision, so for the time being I will stay here and enjoy cheap living. And while I am fit and able will enjoy my freedom before I have to move into a prison. 

Thanks for popping in. Enjoy your weekend. Toodle pip.   ilona



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