£100,000

   

ROI = 13% BMV = 9.08%
Description

A ONE BEDROOM GROUND FLOOR RETIREMENT APARTMENT Oakley Court is in a very convenient location with easy access to the City Centre which has a wide range of shopping facilities including the West Quay Shopping Centre. There is a good selection of shops, supermarkets, restaurants, cafes and takeaway's nearby on Shirley High Street. Oakley Court was constructed by McCarthy and Stone (Developments) Ltd and comprises 52 properties arranged over 3 floors each served by lift. The 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. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom. It is a condition of purchase that residents are to be 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years. Please speak to our Property Consultant if you require information regarding 'Event Fees' that may apply to this property.

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Property Details
  • Property ID: 151061924
  • Added On: 2024-11-20
  • Deal Type: For Sale
  • Property Price: £100,000
  • Bedrooms: 1
  • Bathrooms: 1.00
Amenities
  • Residents' lounge
  • Communal Laundry
  • 24 hour emergency Appello call system
  • UPVC Double glazing
  • Development Manager
  • Guest Suite & Lift to all floors
  • Minimum Age 60
  • Service Charge £2,927.66 Ground Rent £350.00
  • Lease: 125 years from 2002