Shared Ownership £140,000
**TWO BEDROOM MID TERRACE RETIREMENT BUNGALOW**£140,000 representing 70% of open market value. The property will always have to be sold on the same basis in the future. A two bedroom retirement property for the over 60's. Beautifully presented; entrance hall; living room; kitchen; two double bedrooms and shower room. Monitored alarm system (with pull cords in every room). Communal gardens, the rear being Westerly facing. Monthly service charge applies. On site Estate Manager (available part time).
Entrance Hall
Door to the living room.
Living Room
14' 0'' x 11' 4'' (4.26m x 3.45m)
Double glazed bay window to the front aspect. Fireplace with living flame electric fire. Radiator. Doors to the kitchen and rear hall.
Kitchen
10' 0'' x 7' 0'' (3.05m x 2.13m)
Double glazed window to the front aspect. Wall and base units surmounted by worksurface. Stainless steel sink and drainer with a mixer tap. Tiled splashbacks. Space for an oven and a fridge freezer. Radiator. Wall mounted gas fired Worcester boiler.
Bedroom One
16' 3'' x 8' 0'' (4.95m x 2.44m)
Double glazed window to the rear aspect. Fitted wardrobe. Radiator.
Bedroom Two/Dining Room
12' 4'' x 10' 4'' (3.76m x 3.15m)
Double glazed door and windows to the rear aspect. Radiator.
Shower Room
7' 0'' x 4' 7'' (2.13m x 1.40m)
Shower cubicle with mains fed shower. Vanity wash hand basin and low flush w.c. Tiled splashbacks. Central heated ladder rail
Tenure: Leasehold
The following information should be verified by a purchaser's solicitor. It is understood: The property was built circa 1992. There is currently 66 years left on the lease with a start date of 31/03/1992. The property is sold at 70% of full market value with no rent payable on the remaining 30%. The property will always have to sold on this basis.
Council Tax Band: C
Monthly Service Charge
There is a monthly service charge of approximately £262.99 This covers maintenance of all communal areas including the gardens. Use of the laundry room (with washer and dryer). Window cleaning. Maintenance of external of property (i.e. windows/external doors/guttering etc). Servicing and any repairs to boiler.
Additional Information
There is emergency pull cords which go to a central help/support centre. There is also an intercom in the inner hallway. There is a share laundry room for all residents. This is also covered by the monthly service charge. Purchasers pay 1% per year of purchase price when they eventually sell. This goes into the reserve fund which is a fund to cover large future expenses.
Eligibility and Application Process
Purchasers must be over 60. Once an offer has been accepted the purchaser's contact information will be passed to Anchor Housing Association who will arrange a pre-sales meeting and provide formal consent to sell the property.
Important Information
23 High Street
Pershore
Worcestershire
WR10 1AA
United Kingdom
T: 01386 556506
E: tania.port@nigelpooleestateagents.co.uk