Property description

A well kept first floor apartment in a retirement development exclusively for the over 60's purchased in conjunction with Red Kite on a 70%/30% equity share. The property is close to local shops and has a bus stop next to the development. Private entrance, landing, living room, kitchen, two bedrooms, bathroom, double glazing, gas central heating, communal gardens, resident parking. No onward chain.

Entrance Hall
With entry phone system; stairs rising to first floor, telephone point, electric panel heater.

FIRST FLOOR

Landing
Double glazed window to front aspect, double radiator, access to loft space, walk-in storage cupboard, further built-in storage cupboard with slatted shelving.

Living Room - 17' 2'' x 12' 0'' (5.23m x 3.65m)
Double glazed window to the rear aspect, double and single radiators, TV point, entry phone.

Kitchen - 10' 3'' x 6' 0'' (3.12m x 1.83m)
Fitted with a range of wall and base level units with roll-edged worksurfaces, stainless steel sink unit and drainer, space and plumbing for washing machine, double glazed window to rear aspect, space and point for gas or electric cooker, vinyl floor covering, tiled splashbacks, ceiling coving, wall mounted 'Worcester' gas central heating boiler.

Bedroom One - 14' 0'' x 8' 9'' (4.26m x 2.66m)
Range of built-in wardrobes, radiator, double glazed window to front aspect.

Bedroom Two - 10' 10'' x 6' 9'' (3.30m x 2.06m)
Double glazed window to front aspect, radiator.

Bathroom
Suite comprising panelled bath with wall mounted 'Triton' shower over, hand wash basin, low-level WC, radiator, shaver point, extractor fan, tiled splashbacks.

OUTSIDE

Gardens
The gardens that the surround the development are communal being superbly maintained with a central courtyard area.

TENURE
Leasehold, 103 years remaining as of 07/03/16.

CHARGES
The service charges for the year 1/04/15-31/03/16 are £609.03. This figure includes the buildings insurance and there is no ground rent payable. The property is on a development which is restricted to sale to and occupation only by persons aged 60 years of age or more. Under the leasehold scheme for the elderly (LSE) the buyer can only purchase a 70% of the equity in the property. The buyer is not permitted to staircase up to full ownership. The lease is not capable of being assigned. A sale is affected by surrender of the lease and a new lease is granted to the buyer. Upon each sale and surrender of the lease the landlord/freeholder, Red Kite Community Housing, is entitled to a capital payment in the sinking fund for the future maintenance of the scheme of 0.5% of the then current value of the 70% share multiplied by the number of complete years and complete months that have lapsed since the lease was granted.

Property Features :

• Well Appointed First Floor Retirement Flat
• 70% Equity Share With Red Kite Housing
• Living Room, Kitchen, Two Bedrooms, Bathroom
• Gas C/H, Double Glazing. Resident Parking
• Vacant Possession - Viewing Recommended