Riverstone, a new concept in retirement living that enables people over the age of 65 to continue to enjoy interesting lives right in the heart of London, has announced the opening of its latest residence.
Nestled in a peaceful haven on the north bank of the Thames, Riverstone Fulham enjoys exceptional views out across the water in an oasis of calm. With endless riverside walks on the doorstep, as well as extensive garden space where people can relax and unwind, Riverstone Fulham offers residents the opportunity to own a home in an outstanding location right in the heart of London.
People can choose from a range of contemporary 1, 2 or 3-bedroom apartments, designed with a fine balance of textures and materials. And, with 23,000 square foot of space to enjoy, a whole raft of five-star services and support, plus a warm, friendly 24/7 concierge on hand whenever needed, residents will immediately feel at home from the day they move in.
Martin Earp, CEO of Riverstone, said: “We’re seeing a distinct shift in behaviour towards retirement from the baby boomer generation to that of their parents. This is a generation that invented the term `teenagers’, partied at school and University, and they handled their careers differently by moving jobs rather than having a job for life.
“It’s clear that they will plan later living in a different way from their parents – and this is what we have seen in Australia, the United States and Canada already where integrated retirement communities form a significant proportion of homes for over-65s.”
Research from Knight Frank shows that the number of people aged over 65 living in the UK is forecast to increase by 20% to 12 million by 2027 and those aged 90 years old is expected to rise at an even faster rate by one third to more than 750,000 people over the same time.
With this rise of older generations, Knight Frank calculates the country needs three million dedicated retirement living properties to cater for those aged over 65 who would consider downsizing.
The demand for retirement communities is expected to grow in the next five years, with senior living advisers Knight Frank forecasting a 22% increase in demand compared to the expected 9% increase in later living housing provision.
Earp continues: “We have people who have lived in London most of their lives and want to continue to enjoy the wealth of amenities that are on the doorstep of Riverstone. On the flip side we are also talking with people who live outside of London, but are looking for options to release funds whilst right-sizing and also moving closer to children and grandchildren.”
The opening of Riverstone Fulham follows the launch of Riverstone Kensington earlier in the Summer.
Earp said: “By living at Riverstone, you are less likely to need formal support or care than if you remained living in your previous house – this is because of our proactive approach to health and wellbeing, as well as through knowing that there is always someone around if you need them. Should you need (or want) some further support to help remain independent, we have partnered with The Good Care Group and have co-designed a bespoke service for our residents”, concludes Earp.
Riverstone Fulham, with a premium SW6 postcode, is a stone’s throw from Chelsea Harbour and The Hurlingham Club. This area is home to a wide range of shops, bars, boutiques and restaurants making it perfectly situated to enjoy waterside living and the vibrancy of the local neighbourhood whilst continuing to make the most of what’s on offer in the capital.