Property Descriptions

Entrance

Communal front door, with intercom, opens into the:

Communal Entrance Hall.

Charming open plan Living Room/Kitchen 5.11m overall by 3.49m (max) overall

Living Area:
with windows to the rear and exposed timbers, central heating radiator,

In the Kitchen area.
There is a run of role edge work surfacing incorporating a single drainer sink with mixer tap and a 4 ring gas hob, base units and electric oven under, and two eyelevel wall cupboards with cooker hood. Integrated washing machine and space for a fridge/freezer. Wall mounted gas fired central heating boiler, and window to the front. Timber door opens to a storage cupboard.

Double Bedroom 3.26m maximum by 2.31m

with exposed ceiling timbers, window and central heating radiator.

Bathroom

The apartment bathroom has a white suite with panelled bath having a shower over, low level WC and wash hand basin. Radiator. Window.

GENERAL INFORMATION

We understand all mains services are connected.
The property in on a long lease of 999 years, starting 1 Jan 2002
Ground Rent is £100.00 until 2035, rising to £200.00
The Freehold is owned by Hamlin Estates and NOT included in the sale.
A management company has been set up, with £2,000 sinking fund.
Current tenant is in a periodic tenancy agreement, and currently paying £595,00pcm with rent review due.

All four properties have been owned by one investment company, and the landlords have set up a new management company for which the purchasers of this apartment will be granted, a 25% share.

The current service charge is set at £50.00 per month. This is based on the expenditure maintaining the communal areas of the development over the last five years which has averaged less than £50.00 per month, but as the management was done by the owners themselves this doesn’t take into account a managing agent or accountant fees should the new shareholders decide to appoint them, then this will increase accordingly.

We understand all mains services are connected.
The property in on a long lease of 999 years, starting 1 Jan 2002
Ground Rent is £100.00 until 2035, rising to £200.00
A management company has been set up, with £2,000 sinking fund.

All four properties have been owned by one investment company, and the landlords have set up a new management company for which the purchasers of this apartment will be granted, a 25% share.

The current service charge is set at £50.00 per month. This is based on the expenditure maintaining the communal areas of the development over the last five years which has averaged less than £50.00 per month, but as the management was done by the owners themselves this doesn’t take into account a managing agent or accountant fees should the new shareholders decide to appoint them, then this will increase accordingly.