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Priory House CGI
Communal Lounge
Communal Lounge
Living Room
Living Room
Typical balcony area
Dining Area
Kitchen
Kitchen
Bedroom
Second Bedroom
Shower Room
Properties selling fast! Don't miss out - buy your new home today!
This beautiful Retirement Living development is situated just minutes from Banstead's bustling yet leafy high street and is selling fast with over 85% now sold!
As well as a stylish communal lounge in which homeowners can socialise over a cup of tea or coffee, this development benefits from a beautifully landscaped garden at the rear, providing a secluded green space for all residents to enjoy. With the land being predominantly flat, getting around is easy and comfortable, no matter your level of mobility and there is of course a lift to all floors for your added convenience. If you are looking for a small area of outdoor space to call your own, many of the apartments even have their own private terrace or balcony
To ensure your comfort, safety and security at all times, there is a dedicated House Manager available during office hours, as well as a 24-hour call system for emergencies. For that added peace of mind, there is also a camera entry system that will link to your television so you will always know who you are letting in.
Being so close to Banstead town centre (just 0.1 miles away), you will have a wealth of local amenities, from shops and eateries to supermarkets and various medical centres. And getting around won't be a problem, whatever your preferred mode of transportation. As well as on-site parking, there will be both a cycle store and a scooter room. Plus, with four bus stops within a mile of the development and Banstead train station just 0.6 miles away, you will easily be able to visit the surrounding local areas or even take a day trip into London.
Development Highlights
- Town centre location
- Local amenities on the doorstep
- Excellent access to bus and rail services
- Balconies and secluded landscaped garden
- Guest parking
- Pets allowed
Key Features
Communal lounge- Guest suite
- House Manager
- Wheelchair access
- Lifts to all floors
- Camera entry system
- 24/7 call system
- Mobility scooter room
- Pets allowed
Interactive Site Plan
Our interactive site plan allows you to easily find available retirement properties. Click the tabs to view each floor. You'll see that one-bedroom homes are in yellow and two-bedroom homes are in purple. When you click on a property, you'll find out whether it is available for sale, rent or shared ownership, as well as pricing. Click on 'view property' to find out more. Retirement homes shown in red are already reserved, sold or rented out, but may be available on our Resales website.
Explore properties
Occupancy options
The properties at this development are leasehold properties with a term of 999 years from and including 01/01/2022
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 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.
About Retirement Living
Watch: Our video about Retirement Living with McCarthy Stone
Send me a brochure
Tell us how you would like to receive your brochure: by Email, Post or PDF download.
Join us at one of our events
- 8 Dec13:00 - 15:00
Join us for Festive Fizz this Winter!
8th DecPriory House, The Priory School Bolters Lane, Banstead, Surrey, SM7 2AGCome in and get in Festive Spirit with us at Priory House!
We're hosing Festive Fizz Event in our lovely development on Friday 8th December from 1pm and we'd love for you to join us.
Bring your family and friends - everyone is welcome. It’s the perfect opportunity to experience the lifestyle on offer and meet the vibrant community at the heart of Priory House, plus you'll be able to take a tour around our spectacular development and look at our show apartments.
Call 0800 201 4811 today to book your place, or simply click below.
We are looking forward to welcoming you at Priory House!
I’ve always been a sociable person, so it’s lovely that there are always other people around and lots of activities to get involved in, like the coffee mornings, film nights, and of course, the art classes. There is always something going on at the development.
Living in Banstead
Although offering a wide variety of shopping - from your favourite chains to independent boutiques - Banstead town centre has managed to retain its quaint village charm. The town is home to a number of buildings of historical interest. The parish church, with its medieval spire, dates back as far as the 12th century, and the town's old well still features its elaborate 18th-century winding gear!
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In the heart of Banstead you will find The Banstead Centre, where membership is open to anyone over 50. Here, local residents can meet, socialise and partake in a wide variety of activities, from art classes and bridge games to tai chi and table tennis. The centre also organises special events and outings.
Just 3 miles from the development is the iconic Epsom Downs Racecourse. With race-days having been held in the area since the 1640s, it is truly an iconic racecourse that must not be missed by horse racing fans. Enjoy a day at the races for fun, thrills and some delicious food, whether you're in the mood for a mouth-watering burger or an elegant fine dining experience.
For a unique day out, Mayfield Lavender is just over 2 miles from the development. This 25-acre organic lavender field is a truly a special place. Wandering among the vast sea of lavender during the summer months is a delight for the senses. And the picturesque al fresco cafe is the perfect spot for lunch or coffee and cake.
Our development is situated right in the heart of Banstead, providing easy access to local amenities such as independent boutiques and chain stores. The parish church and the Banstead Centre can also be reached in only 0.4 miles.
Just 3 miles away from the development, you’ll find the Epsom Downs Racecourse.
Alternatively, London is only 47 minutes away by train, while Banstead Train Station is only 0.4 miles from the development.
Getting to Location
If you are using a Sat Nav system you may need the full address of this development. The postcode may be newly created by Royal Mail and may not be accurate for some months.
The Team at Priory House
Great Homes for Sale
Offers Too Good To Miss
We'll Pay Your Service Charge For Three Years!
Reserve one of our beautiful one or two bed apartment at the stylish Priory House by 22nd December 2023 and enjoy 3 years’ service charge paid*. Apartments are selling fast, don't miss your chance to own a stunning new apartment in the heart of Banstead.
To find out more please call 0800 201 4811 today.
*Reserve by the 22nd December 2023, with Completion on or before the 26th January 2024. This offer cannot be used in conjunction with any other offer unless specified and may be withdrawn at any time. The Service Charge element of this offer is calculated as a deduction from the total purchase price payable at completion.
#Subject to availabilitySmooth 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.
Related Developments
Useful Links
- Retirement Living or Retirement Living PLUS? Which development type is right for you?
- Cut the cost of living: Moving into our retirement properties can save you significant sums.
- Enjoy a stress free move: Our services include Part Exchange, free removals and decluttering.
- Should you buy, rent or part buy, part rent? Find a flexible option to suit your circumstances.
- Discover thoughtful services: From friendly managers to buzzing bistros and homeowner perks.
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.