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Retirement properties for sale in Warwickshire
Conveniently located in the heart of the picturesque village of Studley, close to all the amenities, the Studley Retirement Living development offers 45 beautiful contemporary one- or two-bedroom retirement apartments, exclusive to the over 60s. This retirement community will also benefit from 30 parking spaces, ideal if you want to make the most of exploring the gorgeous Warwickshire countryside.
The development consists of 26 one-bedroom and 19 two-bedroom apartments. All McCarthy Stone apartments are intelligently designed to be a pleasure to live in: light and spacious they offer high spec, high quality fixtures and fittings throughout, giving a stylish, modern designer feel.
This retirement community is perfectly designed for socialising with friends, family and neighbours. As well as dinner parties and get togethers in your apartment, you’ll enjoy access to a shared garden and beautiful communal lounge, as well as a hotel style guest suite for added convenience if you have visitors to stay.
These retirement homes in Studley have an approachable manager onsite in case you need assistance with anything and all our new developments offer the latest integrated safety and security features, including a 24-hour emergency call out system, fire detection, intruder alarms and camera entry system, for total peace of mind.
Studley is full of village charm but is also big enough to have the convenience of all the amenities you need nearby. It offers an several supermarkets and a pharmacy, dentist, opticians and hairdresser within easy walking distance, as well as a good choice of traditional pubs, Indian and Chinese restaurants and coffee shops.
Development Highlights
- Ideally located in the heart of historic Studley
- Elegant communal lounge to socialise in with friends and neighbours
- A range of amenities close by including cafes, restaurants and shops
- Expertly designed apartments with ease of living in mind
- Dedicated House Manager to run the development day-to-day
- Excellent transport links with easy access to surrounding towns and villages
Key Features
Camera entry system
Guest suite
House Manager
Car parking
Communal lounge- Guest parking
Landscaped gardens
Mobility scooter room
24/7 call system
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 a pale green and two-bedroom homes are in blue. 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 burgundy are already reserved, sold or rented out, but may be available on our resales website.
Great homes for sale and rent
Priory Place Apartment 38
Retirement Living- Beds 2
- Floor 2
- Size 64.66m2
- Shared Ownership£145,000/£333 pcm50% example share/50% rent
Priory Place Apartment 21
Retirement Living- Beds 2
- Floor 1
- Size 64.75m2
- Rent £2,450 pcm
Explore properties
Occupancy options
The properties at this development are leasehold properties with a term of 999 years from and including 31/08/2022
- Electricity, heating and lighting (communal areas)
- Water and sewage (communal areas and apartments)
- Maintenance of building and gardens
- Building insurance
- Development staff
- Future maintenance fund
- Professional fees
- Emergency call system
- Income to guest suites and sundry income
What's not included?
- Electricity, heating and lighting (apartments)
- Home and contents insurance
- Council Tax
- Phone / broadband
- TV licence / TV service
* Reviewed annually
- You can enjoy the McCarthy Stone lifestyle without paying the full purchase price.
- Buying a percentage share of the property allows you to manage your finances to cater for possible future needs.
- If you buy 75% of the value of the property, there is no rent to pay on the outstanding share.
- If you buy 50% of the value of the property, you will pay rent on the outstanding share.
- You could claim up to £500 a year to help with essential repairs in the first 10 years.
With this scheme, you can purchase up to 75% of the value of your property – and if you own 75%, you won’t pay any rent on the outstanding 25% share. It provides a more affordable way to buy one of our retirement properties.
What is Shared Ownership and who are Homes England?
Is Shared Ownership available at all your locations?
Who will own the share of the property I don’t buy?
Do I need financial advice?
Will a financial review be needed?
What will it cost upfront?
You should plan for some one-off costs associated with your purchase, including, but not limited to the following:
• Reservation deposit (which is deducted from your final purchase)
• Solicitors Fees and disbursements
• Stamp Duty Land Tax (SDLT) in England.
Your solicitor will be able to tell you if the tax applies and how much it will be
• Estate Agent fees if selling a current property
Can I purchase a parking space?
What does the £500 essential repairs include?
* 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)
- Maintenance of building and gardens
- Emergency call system
- Building insurance
- Active social calendar of events and exclusive discounts
- Dedicated House Manager
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.
Shared Ownership Explained
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Send me a brochureJoin us at one of our events
- 12 Dec
11:00 - 13:00Prosecco & Mince Pie Event
12th DecPriory Place, Alcester Road, Studley, Warwickshire, B80 7ARWe would love you to join us at our special Christmas event!
Enjoy some delightful mince pies and a sparkling festive prosecco while finding out more about the benefits of Retirement Living at Priory Place.
We would love to show you around our beautiful show apartments, plus there may be an opportunity to meet some of our friendly homeowners who already call this superb development home. We hope to see you there!
Call 0800 201 4811 or click on the link below to book your place today.
Living in Studley
Despite being a village, you won’t be short of things to do in Studley. You’ll find plenty of places to eat and drink, like the popular Miller & Carter Washford Mill which offers classic British food in a beautiful location overlooking the River Arrow – it even has a waterwheel. Other popular venues are the Mt Everest Indian restaurant and independent and earth-friendly Bumbles Coffee House which also runs local events. Then of course there’s Studley Castle, a grand 19th Century mansion and gardens that is now home to a luxury hotel offering high-end restaurants, decadent afternoon tea and an indulgent spa.
There are plenty of walks to be enjoyed in and around Studley which take in the glorious rolling countryside and farmland, including the Studley Circular, a moderately easy eight-mile trail.
McCarthy Stone’s Studley Retirement Living development offers easy bus access to the towns of Evesham, Alcester, Redditch and Stratford-upon-Avon. Friendly Redditch Golf Club is just 4 miles away.
And Stratford is just 20 minutes away offering a wide range of cultural delights, as you’d expect from Shakespeare’s birthplace.
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 Priory Place
Related Developments
Offers Too Good To Miss
Discover our warming winter offer!
Take advantage of our exclusive winter package featuring all four of these incredible offers when you reserve a property before the 28th of December 2024 at Priory Place.
Winter fuel allowance
We’ll take £1,500 off* any apartment to help keep you extra toasty this winter. That’s the equivalent of 5 years of winter fuel allowance covered.£250 M&S winter food voucher
In addition to the above, you will also receive a £250 M&S food voucher*.A winter welcome hamper
We will also include a winter hamper! Featuring a soft blanket, warm drinks, sweet treats and thoughtful items to help make your winter cosy, comfortable and relaxing.Smooth Move
Plus choose one of our properties and we’ll make sure the move goes smoothly, including helping with the cost. Our Smooth Move service* comes with: £2,500 towards your estate agent fees, £1,000 towards legal fees, FREE specialist removals service and a decluttering service
*Ts&Cs apply. Warming winter offer valid on reservations from 01/11/24 to 28/12/24 that legally complete by 28/02/25. Not to be used in conjunction with any other offer.
Part Exchange for a fast and hassle-free sale
With Part Exchange, we can act as a cash buyer for your home. There’s no estate agent fees and no chains. Just a guaranteed sale at a great price - so you could be enjoying the McCarthy Stone lifestyle sooner.
To find out more please call 0800 201 4811.
Priory Place at Christmas
Priory Place came together to enjoy a magical afternoon of festivities.
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.