Retirement developments accommodate park homes, with residents typically having to meet an age criterion (usually 50 or 55+). Over the past two decades, park homes have become a popular choice for retirees in the UK. This blog explores the offerings of park homes and whether they are a good idea for retirement.
Are Park Homes Right for You?
When people first view a park home, they are often pleasantly surprised to find their preconceptions challenged by the modern design and high quality of these homes. Viewing new park homes and appreciating their standards is often the initial step for those considering a move to a retirement development, such as a retirement village. However, the appeal of park homes extends beyond their physical attributes.
Cost-Effective Living
One of the main attractions of park homes is their affordability compared to similar standard bungalows. This cost-effectiveness allows retirees to retain more of their savings, providing more financial freedom to enjoy their golden years. Additionally, the smaller size of park homes is perfect for downsizing, making them easier to maintain and reducing running costs. New park homes also come with a one or two-year guarantee on the entire home and a ten-year structural warranty, offering peace of mind for the future.
Customisable and Modern
There is a wide range of park home styles and designs available, ensuring you can find something that suits your taste and lifestyle. These homes typically come with all fittings and furniture, which can be customised to reflect your preferences. Having a new home designed to your specifications means you don’t have to compromise on your vision for your living space. You can have a home built exactly as you want it, from the floor plan and room layout to colour schemes.
Community and Security
Retirement developments boast many positive attributes for those retired or semi-retired. Often gated communities, these developments foster a strong sense of community spirit. Residents are at a similar stage in life, which increases social opportunities and the chance to share experiences and enjoy newfound free time in retirement. This environment also fosters a supportive network, where neighbours look out for one another.
As a gated community, residents benefit from increased security. For example, Parklands has CCTV monitoring the grounds, and the neighbourly atmosphere ensures residents keep an eye out for one another.
Low Maintenance Living
Downsizing is a key motivator for people moving into a park home on a retirement development. The knowledge that communal grounds are taken care of is a major draw. While residents can choose to look after their own borders and potted plants, knowing that communal areas and grass cutting are handled removes a significant burden.
Locations
Park home developments are often found in well considered locations. Take Parklands of Lincoln, for example. It is situated close to a variety of local amenities, from the post office and library to doctors, pharmacies, supermarkets, and nearby pubs and cafes. These amenities become increasingly important as mobility considerations come into play in later years. Residents at Parklands are well-serviced in Waddington, meaning trips further afield are often unnecessary. However, when that situation arises, there are regular buses to and from Lincoln and Grantham.
Conclusion: Are Park Homes a Good Idea for Retirement?
In short, yes! And it’s clear to see why. If you want to live in a convenient location in a low-maintenance property, residential park homes are an excellent idea for retirement – especially with their low running costs.
Fancy exploring a retirement village to see if it’s right for your retirement? We urge you to come and visit us at Parklands of Lincoln. Newcomers are always surprised at the standard of homes, well-kept grounds, and welcoming neighbours. For many, it offers the perfect solution. We invite you to speak with other residents and get their perspective on what life is like here.
