GROUND FLOOR TWO BEDROOM RETIREMENT APARTMENT WITH NO UPWARD CHAIN - Set In Pleasant Grounds At The Rear With Own Patio Area & Including On Street Parking & With 24 Hr Careline System & With Minimum Age Requirement of 60 Yrs. The property is offered on a 70% basis with Sanctuary Homes retaining a 30% share however there is no rent to pay on thr 30% share- EP Rating - D
This property is part of Sanctuary Housing and is available at 70% of market value. The 30% subsidy aims to support affordable retirement housing. Sanctuary are the leaseholder and there are no regular lease or payments. It is understood that a new 99 year lease is arranged for new owners. A monthly maintenance fee of £155 is payable and covers the cost of maintaining the exterior of the buildings, the cost of building's insurance, and the cost of a full-time resident warden.
* Ground floor retirement apartment set in maintained communal grounds
* Nearby & overlooking parkland
* Two bedrooms
* Double glazing
* Storage & electric wall mounted heating
* Lounge, Kitchen, Shower room
* Communal gardens
* Own patio area
* On street parking outside the property
TENURE:- The property is Leasehold and it is believed to be the case that a new 99 year lease is granted at the start of each change of ownership.
The service charge currently being paid in April 2021 is approximately £150.00 per month, this is reviewed annually. Buildings Insurance is included in the service charge fee.
Lounge 4.30m x 3.30m (14'1" x 10'10")
Kitchen 2.70m x 2.40m (8'10" x 7'10")
Shower Room 1.88m x 1.83m (6'2" x 6'0")
Bedroom 1 3.78m x 2.82m (12'5" x 9'3")
Bedroom 2 2.70m x 1.88m (8'10" x 6'2")