Are you a senior or a senior you know looking for a safe, comfortable, and affordable place to live? If so, there are many affordable living options available that may be the right choice for you. Discover an affordable senior living center near you today!
If you are currently in the market for a senior housing, either for yourself or a loved one, one of the most important things to figure out is how much of a hit it will make on your budget. Prices for senior living options vary drastically as there are many outside variables that directly affect the rates, including location, amenities and any additional care needed.
Fortunately for you, future-minded developers had the foresight to understand that because of advancements in technology and medicines, the number of seniors in the United Kingdom is set to rise in the coming decades, and have already built the housing necessary to facilitate the projected increase. The issue is that these senior living facilities, which include apartments, houses and condos, aren’t nearly as filled right now since there was a surplus developed. This is a very good situation for anyone such as yourself who is looking for a place right now.
What Costs Can You Expect For Housing
There are numerous studies that show the average cost of senior housing nationally has risen about 5% each year. Currently, the national average cost of a semi-private room is about £300 a month, which includes on-call healthcare staff. If you’re looking to go with a private room option, costs can run to £1,500 a month or up.
Unfortunately, if forecasts of the 5% increases keeps going year over year, there will eventually come a time where many seniors won’t be able to afford to live comfortably in a senior housing community. The higher ups have taken notice of this and have began to help out by creating new options for senior living including urban senior centers and multigenerational communities.
And as stated before, because of this foresight, now is one of the best times to explore your options. The surplus in housing options and supply has created a situation where senior living prices have actually gone down instead of increasing.
Eye-Opening Stats Regarding Seniors In The U.K.
In the U.K. alone, there are currently 28,000 assisted living facilities that house over 1 million seniors. By 2035, that amount of senior citizens in the U.K. is expected to double in size.
These staggering numbers is why many cities have already begun building new senior living communities in their largest cities to hopefully accommodate the projected rise in the senior citizen population in the next decade. There are plans in the works to double and even triple the amount of space available for seniors in certain areas.
The reason prices are so low now is that developers and contractors are offering deep discounts and incentives for seniors to move into these currently vacant living facilities. Prices are much more manageable right now and since you have the ability to sign longer term contracts, you won’t have to worry about any price increases that might come along in the next few years once things start filling up again.
Some cities have already started the expansion process, already growing their available inventory by 20% in just the last 2 years alone.
There are a good number of deals to be had, depending on your needs. There are even spaces available for less than €300 a month if you’re looking in the right places.
Where to Find Senior Housing Deals
This answer is not as straightforward as it sounds. It’s become increasingly difficult to find deals or actual prices before visiting a place as these senior housing facilities don’t want the fact that housing is getting cheaper to be widely known.
Also, when the best deals do become available, they are often swooped up right away since every day, there are more seniors looking to move into an assisted living community.
This is the reason why we recommend that you start looking at your options now and get a feel for the prices so that once a great deal comes along in your area, you’re able to make an educated decision and take advantage of it instead of shopping around and missing out.
Here Are Ten Affordable Senior Apartment Options:
The Elms, Southsea
Price: £350 per month
Specifications: Studio apartment with en-suite bathroom, kitchenette, and balcony.
Description: The Elms is a purpose-built retirement complex located in Southsea, Hampshire. The complex has a range of facilities for residents, including a communal lounge, library, and restaurant.
The Pines, Eastbourne
Price: £375 per month
Specifications: One-bedroom apartment with en-suite bathroom, kitchen, and living room.
Description: The Pines is a retirement complex located in Eastbourne, East Sussex. The complex has a range of facilities for residents, including a swimming pool, gym, and beauty salon.
The Cedars, Woking
Price: £395 per month
Specifications: Two-bedroom apartment with en-suite bathroom, kitchen, and living room.
Description: The Cedars is a retirement complex located in Woking, Surrey. The complex has a range of facilities for residents, including a cinema, library, and golf course.
The Laurels, Tunbridge Wells
Price: £400 per month
Specifications: Studio apartment with en-suite bathroom, kitchenette, and balcony.
Description: The Laurels is a retirement complex located in Tunbridge Wells, Kent. The complex has a range of facilities for residents, including a bar, restaurant, and hair salon.
The Willows, Ilkley
Price: £400 per month
Specifications: One-bedroom apartment with en-suite bathroom, kitchen, and living room.
Description: The Willows is a retirement complex located in Ilkley, West Yorkshire. The complex has a range of facilities for residents, including a swimming pool, gym, and library.
The Hawthorns, Cheltenham
Price: £400 per month
Specifications: Two-bedroom apartment with en-suite bathroom, kitchen, and living room.
Description: The Hawthorns is a retirement complex located in Cheltenham, Gloucestershire. The complex has a range of facilities for residents, including a cinema, library, and golf course.
The Lindens, St. Albans
Price: £400 per month
Specifications: Studio apartment with en-suite bathroom, kitchenette, and balcony.
Description: The Lindens is a retirement complex located in St. Albans, Hertfordshire. The complex has a range of facilities for residents, including a bar, restaurant, and hair salon.
The Oaks, Windsor
Price: £400 per month
Specifications: One-bedroom apartment with en-suite bathroom, kitchen, and living room.
Description: The Oaks is a retirement complex located in Windsor, Berkshire. The complex has a range of facilities for residents, including a swimming pool, gym, and library.
The Firs, Guildford
Price: £400 per month
Specifications: Two-bedroom apartment with en-suite bathroom, kitchen, and living room.
Description: The Firs is a retirement complex located in Guildford, Surrey. The complex has a range of facilities for residents, including a cinema, library, and golf course
The Sycamores, Richmond
Price: £400 per month
Specifications: Studio apartment with en-suite bathroom, kitchenette, and balcony.
Description: The Sycamores is a retirement complex located in Richmond, Surrey. The complex has a range of facilities for residents, including a bar, restaurant, and hair salon.
