We understand that the ongoing cost of running your new apartment is an important factor to consider when deciding to purchase a Churchill apartment. That’s why a full service charge budget analysis is available for each individual development. Owners are consulted on this annually, and we always aim to keep the cost as low as possible.
Your service charge covers the cost of providing the Lodge Manager, security systems and call monitoring, external maintenance of the building and grounds, building insurance, heating, lighting and provision of all of the furnishings for the Owners' Lounge and communal areas. This means you can enjoy a low maintenance lifestyle that is easy to budget for, with no unexpected repair bills.
Many Owners are pleasantly surprised that the service charge for their apartment frequently works out to be much less than they had been paying, in comparable costs, on their previous property. In fact downsizing from an average 3 bedroom house to a 2 bedroom retirement apartment could save you approximately £1,300* per year.
If you’d like to find out more, your Sales Executive will help you go through your costs in detail and complete a ‘Savings Calculator’ based on your current property to find out how much you could save.
With energy costs on the increase, it is worth highlighting that we use thermal efficient materials and effective insulation throughout our developments, as well as energy efficient appliances, fixtures and fittings within your apartment, all of which adds up to a lower carbon footprint and lower energy bills.
To help lower your bills even further, every Churchill development comes with built in renewable energy or heating systems – via either ground/air source heat pumps or solar panel technology. These generates renewable energy or hot water for use throughout the development’s communal areas and individual apartments, which improves sustainability, and helps save you money.
Apartment Owners John and Doreen have been enjoying the benefits of a warm and cosy apartment since moving to Lewis Carroll Lodge in Cheltenham:
“We think it’s absolutely marvellous. The whole building is so nice and warm all the time that we’ve hardly had to use the heating inside our apartment. When we do turn it up a notch or two it’s nice to know we don’t have to worry about the cost or the environmental impact, as it’s all so energy efficient and covered within our annual service charge.”
*Based on ‘Sizing up the Situation’ report (Housing LIN, 2014) and Millstream service charge data.