It's not just the beautiful 2nd floor double bedroom retirement apartment on offer with the purchase of this property. The property comes with many community facilities that offer more of a 'lifestyle' purchase as opposed to just a bricks & mortar buy. There is a communal lounge area, mobility scooter garage, communal laundry room, even a guest room for family visitors. The would be buyer would have the choice of remaining more private in their own apartment or get involved with fellow occupants participating in such events as the weekly 'fish 'n' chip' supper night. There is the option of onsite residents parking subject to availability.
As this is a leasehold property you are likely to be responsible for management charges and ground rent. You may also incur fees for items such as leasehold packs and in addition you will also need to check the remaining length of the lease. You must therefore consult with your legal representatives on these matters at the earliest opportunity before making a decision to purchase.
The lease is 125 years from 1 January 2014. There is a ground rent of approximately £425 per annum. There is a service charge of approximately £130 per month.
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