The lease provides that a transfer premium is payable to Retirement Security on resale of a property. The maximum premium payable is 3% of the sale price depending on the length of time an Owner has lived at the property. Further information is available from the Court Manager.
About Oaktree Court
Oaktree Court is situated a leafy, ten minute stroll from the lovely Willen Lake, Willen Village and the 17th century Church of St. Mary Magdalene designed by Robert Hooke, a contemporary of Christopher Wren.
Despite this rural ambiance, it is a mere four minutes stroll from the Willen Local Centre where easy parking and foot access are available. This Centre offers the facilities of a substantial Sainburys 7 a.m. – 11p.m. Store, a Chemist, a Health Centre, a Pub, a Hairdresser and Barber and a Vet plus a variety of food outlets, e.g. Fish and Chips and Chinese Take-away, a Sandwich Bar and Café, plus an Indian Take-away.
A frequent and regular Bus Service runs from here to the nearby small town of Newport Pagnell and also to the INTU Shopping Mall and Theatre District in Central Milton Keynes which is just two-and-a-half miles away. There are also reliable, on call local Taxi Services available.
With its 51 Apartments and Bungalows which occupy a large, beautifully landscaped site centred around two Courtyards with good, safe parking, Oaktree Court could probably be thought of as “the hidden gem” of Sheltered Housing in the vibrant, go-ahead City of Milton Keynes.
Apart from the gardens, which have ample, shady seating, other communal facilities include a “well-used-for-Social-events” Owners’ Lounge, a Dining Room serving a daily, three-course meal cooked in-house, a well-equipped Laundry Room and a small Guest Suite for Owners’ use.
The Lease Term for properties here is 99 or, in some cases, 125 years and, due to its building date of 1989, the properties and environs of Oaktree Court are particular spacious and airy when compared to some, more modern, sheltered housing properties on the open market.
Oaktree Court Facilities
The design of Oaktree Court combines style with ease of use and mobility, all floors are accessible by stairs or lift so that even those who need to use a wheelchair can live independently in any part of the building. Conveniently placed electrical sockets reduce the need to bend or overstretch and an emergency call system is installed with pull cords in every room of the development. In addition to the private apartments and bungalows, there are a number of communal areas in the Court available for use by all Owners.
Oaktree Court possesses its own communal gardens, shrubs and planters throughout the courtyards and grounds, that belong to all the Owners and are maintained by a gardener and/or Owners themselves. A consultative gardening committee will be set up if sufficient Owners are willing to contribute to its work.
Visiting relatives or friends of Owners can be accommodated in our extremely comfortable, guest suite and provided with breakfast. Economically priced and benefiting from the Court’s advantageous proximity to local attractions and public transport, staying at Oaktree Court is a wonderful way to explore the local sights and sounds.
Oaktree Court has its own communal restaurant/dining room that provides a substantial meal every day, usually at lunchtime. Meals are not included in the service charge but are available at cost to all Owners. Meals will be taken on a tray to anyone who has requested one and is too unwell to leave their apartment. Guests are always welcome and any special dietary requirements are catered for. Evening meals and themed dinners are regularly held at the Court and light suppers can be arranged if requested.
As an alternative to Owners’ own laundry facilities, the Court has its own communal laundry room. It comes fully equipped with token-operated commercial washing and drying machines. The proceeds that come from use of the equipment belong collectively to the Owners’ funds. If desired, Owners’ washing can be done in the laundry by the Housekeeping Assistants, for which a charge will be made.
There are many more staff than are generally found in traditional sheltered housing. A Manager and team of Duty Managers work in shifts and somebody is always present, twenty-four hours a day. The monthly service charge covers the cost of external maintenance and upkeep of the grounds, one-and-a-half hours of domestic assistance per week per individual property, as well as an hour per property devoted to the cleaning of the communal areas.