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One Bedroom Apartment
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52㎡
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Park Place in Lincolnshire is the perfect choice for a retiree dreaming of a tranquil lifestyle. With that said, retirees can also benefit from easy access to amenities and the bustling market town of Boston. Set within three acres of attractive landscaped grounds, Retirement Villages Park Place is an ideal setting for relaxing strolls. Other facilities include a hair-dressing and chiropodist service. Pets are even welcome! Park Place offers a range of apartments, many of which have level access. With 24/7 emergency assistance and additional care if needed, residents can maintain independence while benefiting from this support if required.
by Retirement Villages
Independent living, but with the peace of mind that 24-hour support is provided on-site in case of an emergency.
Support is provided for basic tasks around the home, such as cleaning and transportation. Some retirement living developments will also provide assistance with activities like prescription collection and shopping.
A wide range of social activities and wellbeing services are offered, where residents can meet like-minded people, create new friendships and offer companionship.
Individuals with low care needs, who are either fully independent or require minimal assistance with personal care and day-to-day tasks. Residential care usually includes support with tasks like: dressing, washing, taking oral medication and hoisting.
Below are some of the most commonly asked questions about Park Place.
It is situated in Boston and is close to popular amenities.
Yes - Retirement Villages - who run Park Place are members of ARCO - Associated Retirement Community Operators, aim to improve the standard of retirement living across the UK. They ensure every retirement home offers the highest standard of housing and support to all residents.
Before deciding to invest in a retirement property, you'll need to know all the retirement home fees involved. These costs ensure that your retirement home is well-maintained with 24/7 support available for residents. When you move into Park Place, you will be required to pay the following fees:
Service Charge - a monthly payment which covers the cost of the maintenance of your retirement property.
Deferred Management Fees - a fee you are required to pay when you decide to permanently leave your retirement home .
Yes! There are several facilities for you to try, including; a Communal Lounge and a Concierge, which will help you unwind in your new surroundings.
The average cost of purchasing or renting a retirement home varies across the UK. On top of your rental charge or overall purchase price some retirement homes have additional costs such as service charges and ground rent.
Additional retirement home charges to be aware of:
This is often a monthly payment which covers the cost of communal spaces and facilities across a retirement property. For more details on additional charges at Park Place you can contact the team directly or request a brochure.
Most retirement properties have a cost associated with the land your property is built on. There is often a one-off annual fee known as ‘ground rent’ - which usually costs £450 each year.
A deferred management fee is a charge that you can pay when you decide to permanently leave your retirement property. The fee is calculated based on a percentage of the property's sale price and is acknowledged as a charging method for investing in a retirement home by ARCO (Associated Retirement Community Operators).
Here, our experts have created a helpful guide on understanding deferred management fees.