Fully Reserved
Rear exterior
Our video explains the safety procedures when you visit a McCarthy Stone development
We are now open for priority viewings on Tuesdays 10.30am - 5pm. Please call to book a viewing.
Summerfield Place is located on Wenlock Road, Shrewsbury, with 32 apartments available exclusively for those aged over 60. Shrewsbury is a picturesque medieval town showcasing many heritage-listed buildings. With lots of character and plenty of community events, being the County Town of Shropshire, this is a great place to live - with the new McCarthy Stone property putting you right in the heart of things.
Summerfield Place is a close-knit community, with just 15 one-bedroom apartments and 17 with two bedrooms. They are ready for you to move straight into, equipped with fully fitted kitchens including an oven, hob and hood, and an integrated fridge-freezer, heated towel rails and walk-in wardrobes.
Residents are able to enjoy all the McCarthy Stone benefits, including gorgeous landscaped gardens, a dedicated house manager on call, the Communal lounge with Wi-Fi and a guest suite for visitors to stay in. For complete peace of mind, there is also a 24-hour call system, intruder alarms, fire detection equipment and a secure camera entry system.
Development Highlights
- Located in the picturesque medieval town of Shrewsbury
- Level access to shops and amenities
- Secluded landscaped gardens
- Stunning, interior designed Communal lounge
- Private, gated development
- Good transport links
Key Features
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Near the countryside
Virtual Tours
See for yourself what Summerfield 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.
Explore properties:
Occupancy options
The properties at this development are leasehold properties with a term of 999 years from and including 01/06/2018
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 Summerfield Place
Watch: View our stunning development video to get a sense of what it's really like to move into your new McCarthy Stone apartment.
Send me a brochure
Tell us how you would like to receive your brochure: by Email, Post or PDF download.
Living in Shrewsbury
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The McCarthy Stone Retirement Living development is conveniently located just 0.2 miles from St Giles Church and Village Hall, 0.4 miles from a Co-op and post office, and 0.5 miles from the local GP surgery, pharmacy and a Sainsbury's. It's a short drive to Shrewsbury town centre, where you can walk the ancient streets, eat out at traditional English pubs and enjoy the views from the city's nine historic bridges.
Shrewsbury is also known as the birthplace of the famous naturalist and explorer Charles Darwin; there are many references to him and his early life throughout the town, as well as tours and exhibitions. Just a few miles from the England-Wales border, you can also explore neighbouring Welsh towns and the stunning Shropshire Hills, a designated Area of Outstanding Natural Beauty.
- Conveniently situated close to these local amenities:
- Rowlands Pharmacy
- Rea Brook Valley Local Nature Reserve
- Sutton Farm Shopping Centre
- Sainsburys
Summerfield Place is perfectly located for access to all local conveniences. Within 0.5 miles of the development you’ll find a Post Office and a Sainsbury’s supermarket.
Travelling around Shrewsbury and beyond is easy, too. There is a bus stop close to the development on Wenlock Road and Shrewsbury Train Station can be reached in 2.4 miles. From here, you can travel to Holyhead, Birmingham, Cardiff, Manchester 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 Summerfield Place
Offers Too Good To Miss
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We've saved the best 'til last...
A final opportunity to secure Apartment 33, this spacious two bedroom apartment located on the top floor of Summerfield Place, at a reduced price of £325,000*
The property includes a curtains and lighting package, and includes the option to use our Smooth Move or Part Exchange service. Please call to arrange a priority viewing asap, and to move in this Spring.
*Reserve by the 25th March and Complete no later than the 27th May 2022
Looking for pre-loved?
Browse our range of beautiful pre-owned retirement properties
Resales near ShropshireUseful Links
- COVID-19 response: our communities are consistently safer - find out why
- Retirement Living or Retirement Living PLUS? Which development type is right for you?
- 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.