Property Details

1 bedroom retirement property for sale For Sale

£73,000

ROI = 16% BMV = 38.52%

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Description

This ground floor one bedroom retirement apartment for the over 60’s is offered with no forward chain and is situated in the popular location of Bitterne. There is a communal entrance hall with lifts to all floors and access to the communal resident’s lounge and laundry room. As you enter the apartment you are greeted with a spacious hallway with a good sized storage cupboard. Through to the lounge with patio doors out to the communal gardens which are shared by all tenants. The kitchen is conveniently placed just off the lounge and has a built-in electric oven and hob, the kitchen window offers scenic views of the beautiful woodlands. The bathroom features a shower cubicle, low level W/C and vanity unit wash hand basin. The building comprises of 51 properties arranged over 3 floors and each floor is served by a lift. The resident Development Manager can be contacted from various points within each property in the case of an emergency. For periods when the Development Manager is off duty, there is a 24 hour emergency Appello call system. It is a condition of purchase that residents be over the age of 60 years. Additional benefits include a communal lounge, a laundry room, a visitor’s suite and communal gardens as well as communal off-road parking. Tenure Type; Leasehold Leasehold Years remaining on lease; 57 Years Approx Leasehold Annual Service Charge Amount £3379.72 Approx. Leasehold Ground Rent Amount £334.24 Approx. Council Tax Banding; A In line with Money Laundering Regulations, successful buyers will be required to complete digital identity checks provided by Coadjute’s Assured Compliance service. The cost of these checks is £48 inc. VAT per purchaser, which is paid in advance directly to Coadjute’s Assured Compliance service. This charge verifies your identity and source of funds in line with our obligations to HMRC.

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