According to recent market research, the later-living sector is experiencing significant growth, with increasing demand for high-quality retirement-living options across the UK.
A recent report by Savills states that the average price of a later-living property in the UK is 8 per cent higher than the average price of a non-later- living property.
This demonstrates that there is a strong appetite for high-quality later-living accommodation. As of 2021, there were an estimated 800,000 people living in later-living communities in the UK, according to the UK Care Guide.
This number is expected to grow in the coming years, as more individuals seek out retirement living options.
Belle Vue by Pegasus, a development of luxury retirement apartments in the prestigious Hampstead area of London, offers a unique opportunity for individuals and couples looking to make the move into a later-living development.
Communities such as Belle Vue provide a breadth of choice and flexibility that helps make the transition to later life as stress-free as possible; a new chapter to look forward to.
There is a stereotype that later-living developments can have hidden fees. One unique aspect of Belle Vue by Pegasus is that there are no exit fees.
vb2058681 Belle Vue Apt 15 Living Room 2 Bedroom 2022
The rooms at Belle Vue offer luxury and comfort
This means that residents can sell their apartments without incurring any additional costs, providing them with greater financial freedom and flexibility while benefiting from selling at the higher price points that later-living schemes pose, particularly as demand is only set to increase.
Belle Vue’s service-charge structure can help provide greater financial stability and predictability compared to owning a traditional home.
Service fees go towards staff costs, utilities, contracts, maintenance and services, mechanical and electrical plant maintenance, insurance and fees, which can help remove the worry and admin.
The level of service at Belle Vue’s is tailored to resident’s needs, meaning that Pegasus want residents to have a say in how their service fees are spent.
Emily Nesbitt, Regional Marketing Director at Pegasus, says: “We are delighted to be offering such exceptional accommodation at Belle Vue alongside the other benefits such as no exit fees.
"We firmly believe that Belle Vue is not only a great option to suit buyer’s well-being needs but also one to ensure financial security.” With social connection and well-being in mind and designed for those enjoying life over 60, Pegasus’ Belle Vue provides not just a place to live, but a lifestyle.
Designed by world-leading architects Morris+Company, who have drawn inspiration from Hampstead’s Edwardian charm and prestigious surroundings, the development today presents a range of stylish one and two-bedroom apartments that boast incredible views from their private balconies and floor-to-ceiling windows.
The apartments offer both comfort and luxury, with high-quality, modern kitchens that optimise space and light, en suite bathrooms housing walk-in showers and open-plan living areas.
Belle Vue has a number of units remaining with prices from £695,000 to buy, or to rent from £2,999 pcm.
Learn more about Belle Vue at pegasus
homes.co.uk/bellevue or get in touch to arrange a private viewing on 0207 980 8724 or bellevue@lifestory.group.
