Retirement Homes for sale/shared ownership in Warwickshire | Priory Place

Priory Place, Studley

Shared Ownership with McCarthy Stone and Homes England

Priory Place, Studley - Apartment Gardens

Priory Place, Studley - Apartment Gardens

Priory Place, Studley - Homeowners Lounge

Priory Place, Studley - Homeowners Lounge

Priory Place, Studley - Living Room

Priory Place, Studley - Kitchen

Priory Place, Studley - Apartment Private Patio

Priory Place, Studley - Bedroom

Priory Place, Studley - Bedroom

Priory Place, Studley - Shower Room

Shared Ownership

1 bed from £117,500/£270 pcm
2 beds from £150,000/£344 pcm

Purchase

1 bed from £199,995
2 beds from £299,995

Rent (Includes service charge)

2 beds from £2,505 pcm

Come and visit us

20th

Sep

12:00 - 16:00

Food and Drink Festival

Request a visit

Freephone:

0800 201 4811

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 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.

Featured Properties

Great Homes for Sale

Explore properties

Occupancy options

Found a property that takes your fancy? Find out more about the practical details including information on service charge and FAQS.

The properties at this development are leasehold properties with a term of 999 years from and including 31/08/2022

You can buy part of your home and pay rent on the rest, so you can move in and enjoy the benefits of the McCarthy Stone lifestyle without committing to outright purchase. The Shared Ownership scheme is run in conjunction with Homes England, our government approved partner.

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

1 Bedroom Apartment

Service Charge *

£76.49

2 Bedroom Apartment

Service Charge *

£114.73

* 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.

Shared Ownership is when you buy part of your property and rent the rest. It enables customers to enjoy a McCarthy Stone property without committing to purchase 100% of the property value. Homes England is the government approved provider of Shared Ownership schemes which enables us to deliver the ownership option. They regulate rental charges and fees applicable to the homes within this scheme.

No, Shared Ownership is available at selected developments and exclusions do apply. Speak to a Sales Consultant to find out more.

McCarthy & Stone (Shared Ownership) Limited will become your landlord on the share you don’t buy.

Before entering into the Shared Ownership agreement, we recommend that you obtain independent financial advice so you know what your new home will cost and that you can afford it.

If you take up our Shared Ownership offer, we require you to have a financial assessment with an Independent Advisor to make sure you can afford the ongoing costs both today and if your circumstances change. We will put you in contact with an advisor who has experience of Shared Ownership schemes and can assess your eligibility.

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

Car Parking spaces are available at some developments. Please ask the Sales Consultant for more details.

This covers items in the home that supply water and electricity such as basins, baths, toilets and also cables, but not fixtures, or appliances such as ovens or washing machines. Pipes and drainage items for heating and hot water are also included.

You can buy properties on this development. If you’d like to own your retirement property, we can help make the move as stress-free as possible, including support with packing and removals. If you have a home to sell, we can even act as a cash buyer, so you’ll avoid chains and estate agent fees.

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

1 Bedroom Apartment

Service Charge *

£76.49

2 Bedroom Apartment

Service Charge *

£114.73

* Reviewed annually

Many of our homeowners are pleased to find that the service charges for their apartment tend to work out at less than what they were paying in like-for-like costs at their previous property.

Energy bills often turn out to be lower thanks to the modern construction methods we use at all our developments. Your new apartment is also likely to be a more manageable size and so cheaper to run.

When Customers discuss the purchase of a McCarthy Stone apartment with us, they receive a service charge leaflet and our Sales Executive sits down with them to help them fill in the costs, review what is covered in the management services and compare them to day-to-day running costs in their current home. Our Sales Executive ensures that they have a detailed knowledge of ongoing costs before a sale is completed

Usually this can take between 12 to 16 weeks. We understand that some customers may have a time period that will more suitable for them and we aim to be as flexible as we can.

Yes. If you want a quick, simple way to sell your home and move into one of our retirement properties, then Part Exchange could be the answer. For more information please click here .

We have an expert resales team for people selling our retirement properties, with an extensive database of customers waiting to move in. This helps us to sell faster and at a better price than traditional estate agents. On average the McCarthy Stone Resales team achieve a net price increase on the retirement properties they sell. For example, for properties bought new in the last three years and since resold, the net increase averages 6%. View resale retirement homes.

Shared Ownership Explained

Find out how Shared Ownership with McCarthy Stone works.

Send me a brochure

Tell us how you would like to receive your brochure: by Email, Post or PDF download.

Send me a brochure

Join us at one of our events

20 Sep
12:00 - 16:00
Food and Drink Festival
20th Sep
Priory Place, Alcester Road, Studley, Warwickshire, B80 7AR
We would love you to join us at our Food and Drink Festival here at Priory Place.
Enjoy delicious food and refreshments from the local area, as well as live music in the beautiful gardens. You'll meet our wonderful team and some of our friendly community who already call Priory Place home. Come and discover the McCarthy Stone lifestyle for yourself!
Everyone is welcome so bring your friends & family too.
Call 0800 201 4811 or click on the link below to book your place today.

Book Now

The local area

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.

Studley facts

6,000

people

4 Miles

from Redditch

Priory Place

Alcester Road, Studley, Warwickshire, B80 7AR

View interactive map

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.

Our people

The Team at Priory Place

Sophie Ortiz

Sales Consultant

Related Developments

Life and Living

Community News

a group of people posing for a photo next to a christmas tree

Priory Place at Christmas

Priory Place came together to enjoy a magical afternoon of festivities.

Priory Place at Christmas

Useful Links

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.

Priory Place

Priory Place

Come and visit us

Come and visit us

Retirement properties for sale in Warwickshire