A two bedroom ground floor apartment with patio garden and garage. The property is located on a purpose-built retirement development for the over 55s. Management services are provided by Cognatum Estates, a not-for-profit organisation and one of the UK's leading companies in retirement housing. Once mainly water meadows, Bearwater is a beautiful estate with its own lake, set in five acres of grounds on the banks of the River Dun. The two-bedroom properties are arranged around two well-established garden squares. Despite the attractively-remote feel, just a short walk across two wooden bridges and along a pretty riverside path brings you into the centre of Hungerford, arriving near the John o’ Gaunt Inn. With its many original and beautiful buildings, this small historic town perfectly fits its setting in the North Wessex Downs Area of Outstanding Natural Beauty. It has both essential shops and interesting independent retailers, being especially well-loved by antique collectors, and it hosts a weekly general market and a monthly farmers’ market. There are a number of unique cultural events that take place every year, including the ancient ceremony of Tutti Day and an Arts Festival. The town also has a mainline station and is close to the M4. The local area offers a wide variety of opportunities to explore the outdoors, from gentle walks along the canal at Hungerford Wharf and strolls amongst the famous snowdrops at Welford Park, to the stunning views across the county atop the hills of Combe Gibbet. Cognatum Estates maintains, repairs and insures all the buildings, arranges the window cleaning and refuse collection and tends to the gardens and grounds thereby freeing owners and residents from these responsibilities. There is a personal alarm system in each property and resident estate managers are on hand to provide support and help when needed, making this an ideal 'Lock Up & Leave' property.   The cost of providing these services is shared equally between all properties. There are no restrictions on owning a property except that one resident must be over 55 years of age. 999 year lease (from 1984). No ground rent. Please Note: Upon resale of the property, Cognatum Estates management company charge £500 plus VAT for the leasehold pack, payable by the vendor. For viewings please contact the Estate Manager 01488 684700 / 07384 818 387