Our new Retirement Living development Milward Place is located in the heart of Redditch, just 15 miles south of Birmingham. Milward Place features a selection of one and two bedroom stunning apartments, all equipped with modern day amenities and sitting in beautiful landscaped grounds for you to enjoy with your family, friends and new neighbours.
All apartments will be fitted with fully fitted kitchens with an oven, hob and hood, and integrated fridge-freezers, fire detection equipment, heated towel rails and intruder alarms. Selected apartments will also feature bathrooms and spacious walk-in wardrobes. Designed in a chic contemporary style, all allow residents to benefit from double-glazed windows, chrome door furniture and a Sky/Sky+ connection point.
When you move to one of our Retirement Living developments you will be part of a real community, with a welcoming social lounge with free Wi-Fi, a dedicated guest suite for visitors to stay in and manicured gardens. For those with mobility issues, there is a lift to all floors and a scooter charging point. There is also a House Manager to manage the development and on-hand if you need any extra help.
Development Highlights
- Available to rent
- Available to Part Buy, Part Rent
- Located in the heart of Redditch
- Close proximity of shops and amenities
- Available to buy outright
- Coffee lounge for socialising with neighbours
- Private, gated development
- 0.2 mile walk to Redditch town centre
Key Features
- 24/7 call system
- Camera entry system
- Car parking
- Communal lounge
- Courtyard
- Guest parking
- Lounge Wi-Fi access
- Pets allowed
- House Manager
Virtual Tour
See for yourself what Milward Place has to offer with virtual tours of our one bedroom apartment, two bedroom apartment and Communal lounge. To get the best experience click the full screen icon with the four arrows below in the bottom left menu bar.
Interactive Site Plan
Our interactive site plan allows you to explore this retirement development. Click the tabs to view each floor, with G being the Ground Floor. You’ll see that one-bedroom retirement homes are shown in yellow and two-bedroom apartments are shown in purple. Any retirement property shown in red is already reserved, sold or rented out. When you click on an available property, you’ll be given information about the sale and/or rental prices (all rental prices include service charges and ground rent). You can then click on ‘view property’ to find out more.
Great Homes for Sale and Rent
Explore properties:
Occupancy options
The properties at this development are leasehold properties with a term of 999 years from and including 01/06/2019
* To be offset against your initial payment and fully refundable should your tenancy not proceed
- Communal area costs inc. electricity, heating and lighting
- Future maintenance fund
- Water and sewage (communal areas and apartments)
- Ground rent
- Maintenance of building and gardens
- Emergency call system
- Building insurance
- Active social calendar of events and exclusive discounts
- Dedicated on-site team
What's not included?
- Electricity, heating and lighting (apartments)
- Phone / broadband
- Council Tax
- TV licence / TV service
- Home and contents insurance
What is an Assured Tenancy?
Assured Tenancy means that you agree to rent the property for a minimum term of 12 months, but after that you can leave at any time as long as you give two months written notice. We can’t ask you to leave unless you have broken the terms of the agreement.
I want to rent. What checks do you carry out and what do I need to prepare?
We’ll ask you to complete a Rental Application Pack and an Income and Expenditure form to get the information we need to do standard background checks. You’ll be asked for proof of income, savings and/or pensions, along with copies of your last three months’ bank statements. You’ll be asked to provide identification documentation that complies with the latest Government Right to Rent regulations – our sales consultants will talk you through what you need.
Do I need to pay a reservation deposit?
Yes, you will need to pay a small refundable reservation deposit to reserve the property. You will also have to pay a security deposit equivalent to five weeks rent when you move in.
What do I have to pay before moving in?
Before you can move into your property, you will need to pay the first month’s rent together with your security deposit, minus the reservation deposit you’ve already paid.
The security deposit is equivalent to five weeks rent. Don’t worry, we’ll make sure you know the exact amount you need to pay in plenty of time.
McCarthy Stone is part of the Tenancy Deposit Scheme, membership number G10625. Download the Tenancy Deposit Scheme leaflet.
What date are rental payments due?
All rental payments are due on the 1st of each month and must be paid by direct debit. Your rent includes all of the development’s service charges, ground rents and property maintenance.
It’s an affordable approach to owning a stunning new retirement home:
- You may be able to access cash tied up in your existing property (known as ‘equity release’)
- You can choose to buy a bigger percentage of the property in the future – this reduces the rent you pay
- If you want, we can buy your existing property as a part exchange
- You’ll be eligible for our free Smooth Move removal service, plus a contribution to legal and estate agent fees
The rent is set at the point of purchase. Annual rent review on the date specified in your lease will be indexed to movements in the Retail Price Index (RPI) subject to a minimum 0.5%. RPI has been in the range c.1-4% since 2013 and was 3.3% in March 2018. 3.3% is equivalent to an extra £1.98 per week for typical rent of £60 per week.
What is Part buy, part rent?
A flexible, affordable alternative to outright purchase, with all the benefits of ownership. For more information call: 0800 201 4811
How it works
You purchase a minimum 50% share in a brand new McCarthy Stone retirement property and pay rent on the part you don’t own.
Benefits include:
It’s an affordable approach to owning a stunning new retirement home
- You may be able to access cash tied up in your existing property (known as ‘equity release’)
- You can choose to buy a bigger percentage of the property in the future – this reduces the rent you pay
- If you want, we can buy your existing property as a part exchange
- You’ll be eligible for our free Smooth Move removal service, plus a contribution to legal and estate agent fees
Is private shared ownership available at all McCarthy Stone developments?
No. This offer is available at selected McCarthy Stone developments, so make sure you check with the sales team on site.
What % of the property do I have to purchase?
70% is the standard option – there are options to increase this over time, known as staircasing.
What is staircasing and how does it work?
What further costs and fees are involved You can purchase further 10% increments, based on valuation at that point. You can staircase to 100% at which point the property would be wholly owned. You would stop paying rent, but service charges and ground rent continue to be payable to McCarthy Stone.
Each time you staircase you need to plan for additional costs such as valuation fee, legal expenses, SDLT*/LTT** if applicable.
*Stamp Duty Land Tax **Land Transaction Tax (LTT) has replaced SDLT in Wales from April 2018
Do I pay Stamp Duty Land Tax (SDLT) or Land Transaction Tax (LTT) on a private shared ownership property?
You will need to pay SDLT*/LTT** on a private shared ownership property, but you may have less to pay than if you had purchased outright. You should seek advice from your solicitor to confirm how much SDLT you have to pay.
*Stamp Duty Land Tax **Land Transaction Tax (LTT) has replaced SDLT in Wales from April 2018
How much rent will I have to pay and how will that change over time with rent reviews?
The rent is set at the point of purchase. Annual rent review on the date specified in your lease will be indexed to movements in the Retail Price Index (RPI) subject to a minimum 0.5%. RPI has been in the range c.1-4% since 2013, and was 3.3% in March 2018. 3.3% is equivalent to an extra £1.98 per week for typical rent of £60 per week.
Living at Milward Place

Watch: View our stunning development videos to get a sense of what it's really like to move into your new McCarthy Stone apartment.

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Come and Visit Us
- 23 Jun11:00 - 16:00
Open House Event
Clive Road, Redditch, Worcestershire, B97 4AYJoin us at Milward Place on Thursday 23rd June for our open house event.
Take the opportunity to explore Milward Place and all it has to offer.
Book today 0800 201 4811.
- 27 May14:00 - 16:00
Join our Jubilee Celebration
Clive Road, Redditch, Worcestershire, B97 4AYWe are delighted to invite you to join us at Milward Place on Friday 27th May to celebrate The Queen’s Platinum Jubilee.
Join us for a Jubilee celebration with a live singer, sit back and enjoy the wonderful facilities at Milward Place on this special occasion.
We can’t wait to see you there.
Book today 0800 201 4811.
Living in Redditch
Needles aside, you'll have everything you need right here in Redditch - there's a post office, pharmacy, dentist and church all within walking distance. Just half a mile away is the huge Kingfisher Shopping Centre, boasting stores such as Debenhams, Primark, H&M and Boots. There are also several cinemas, a new restaurant precinct and a gym. A few steps from the Kingfisher are the Church Green conservation area and the 18th-century St Stephens Church.
Redditch itself is easy to get to, with several main roads leading into the centre. A bus stop is located just 150m from the McCarthy Stone property, offering local services around the area. Or you can walk to Redditch train station from your apartment, to head directly to Worcester, Birmingham and beyond.
- Conveniently situated close to these local amenities:
- Bus stop 0.1 miles
- Doctors 0.3 miles
- Redditch Library 0.4 miles
- Sainsburys
The development is in an excellent location, with everything you need within 0.5 miles. This includes the Palace Theatre, Redditch Library, a Vue Cinema and the Kingfisher Shopping Centre, where you can find shops, banks, cafés and restaurants. Plus, there is a Lidl supermarket 0.6 miles away.
Redditch Train Station is 0.4 miles from the development and provides trains to Worcester, Birmingham and beyond.
Getting to Location
If you are using a Sat Nav system you may need the full address of this development. The postcode is newly created by Royal Mail and may not be accurate for some months.
The Team at Milward Place

Related Developments
Offers Too Good To Miss
WIN A £20,000 JOHN LEWIS HOME MAKEOVER!
Reserve a McCarthy Stone retirement apartment by 31st July 2022, for the chance to win a £20,000 makeover* with the John Lewis Home team. As well as this incredible top prize, everyone that reserves by 31st July 2022 will receive a £500 John Lewis Gift Card*. But that’s not all! If you book a guided tour of our developments by 31st July 2022 you’ll receive a £20 John Lewis Gift Card* as a thank you.
One Month’s Rent Free or Free Removals
Right now we’re offering you either one month’s rent free or free removals* on selected properties. Call today for more information.
To find our more please call 0800 201 4811.Smooth Move
Nobody expects moving home to be easy, but we’re here to help you every step of the way; from the moment you make a reservation, through to the day you move in. Our Smooth Move service ensures everything goes like clockwork, which includes helping with the cost*.
To find our more please call 0800 201 4811.

Looking for pre-loved?
Browse our range of beautiful pre-owned retirement properties
Resales near WorcestershireUseful Links
- COVID-19 response: our communities are consistently safer - find out why
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- Homeowner testimonials: what’s it really like to move into our developments?
- Creating communities: read more about our unrivalled properties, services and lifestyle
- Shopping made simple: discover our exclusive telephone-based supermarket delivery service
Please note that images are for illustrative purposes only. Images may include upgrades and optional extras which may be available for you to purchase at an additional cost. Please click here for further explanations. Floor plans and pricing are accurate at time of publication. Floor plans are for guidance purposes only and are subject to change. Prices may fluctuate depending on market conditions and availability.