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Retirement Units
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Valuations of retirement village units include detached or semi-detached residential dwellings with car parking and small private yards.
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Residents pay an amount on entry for a license granting the right of occupation. On departure from the village, an agreed proportion of either the original purchase price or the sale price is paid to the outgoing resident.
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We provide two figures; a current value of the unit as is and the other figure based on small improvements, ie paint, new floor coverings etc.
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Valuations figures are based on comparable units sold in the same establishment and similar establishments while also including sales of similar non retirement village units.
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