Retirement Flat Very Conveniently Located in Southport Town Centre, Ideal for Local Shops, Restaurants and the many facilities at Lord Street. No chain delay
Extremely convenient location being situated on the delightful Southport Promenade. This flat is located on the second floor of a Grade II listed building and benefits from entry phone system and passenger lift to all floors. The accommodation briefly includes communal entrance hall, lift and stairs, private hall, living room open plan with kitchen, bedroom and wet room. The flat is offered for sale with a 75% shared ownership scheme, residents must be over 55 years of age and retired from full times employment.
Secure key pad entry
Entry phone system
Stairs and lift to all floors
Airing cupboard with hot water cylinder. Entry phone handset
21'5" x 15'8" overall measurements, 6.53m x 4.78m overall measurements
Secondary glazed sash window, pebble effect electric fire with attractive surround and night storage heater. Open plan to kitchen, which comprises, single bowl stainless steel sink unit, a range of base units with cupboards and drawers, wall cupboards, working surfaces, plumbing for washing machine, recess for electric cooker and extractor.
14'4" x 11'11", 4.37m x 3.63m
Secondary glazed sash window, night storage heater. Free standing wardrobes.
5'10" x 6'9", 1.78m x 2.06m
Shower with 'Mira' electric shower, pedestal wash hand basin, low level Wc, part wall tiling, 'Xpelair' extractor and 'Dimplex' wall heater.
Communal gardens to the front and rear and a car parking space belonging to this flat is situated at the rear of the property.
We understand that 'Redwing Living' supervises the day to day running of the development and the service charge is payable in the region of £138.08 per calendar month, and no rent charge is payable
The property is offered for sale on a shared ownership scheme, which allows prospective purchasers to buy 75% of the share of the property. Please note that the current asking price reflects the 75% ownership for sale, we understand there is no rent due on the residual balance, however, we are also advised that upon sale of the property, the current owner will be responsible to pay the sinking fund balance, which is calculated at the 100% market value of the property at that time and multiplied by the number of years/months that the owner has owned the property, multiplied by 0.5%. We are also advised that a suitable applicant must be retired from full time employment at the date of assignment and there is an age restriction of 55 years and above and there are no Pets allowed.
We understand that the property is Leasehold for the remainder of a balance of 99 years - 10 days from the 4th December 2002.
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