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This property is no longer on the market

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EE Rating

2 bedroom retirement property

Retirement
Chain-free
Sold STC
Retirement property
2 beds
1 bath
710
EPC rating: B
Added > 14 days

Key information

TenureLeasehold | 90 yrs left
Council tax, if payableAsk agent
BroadbandSuper-fast 97Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • 80% Share Available
  • Residents Facilities - Lounge, Hobby Room, Guest Suite, Residents Parking & Gardens
  • Lift Served Development
  • Lounge/Dining Room
  • Fitted Kitchen With Built In oven & Hob
  • 2 Bedrooms
  • Wet Room
  • Electric Heating
  • Double Glazing
  • An Excellent Retirement Proposition
A top floor retirement apartment in a purpose built development.

The development benefits from communal facilities provided for the use and enjoyment of all residents, including a resident’s lounge, kitchen-dining room and further sitting rooms on the upper floors plus communal gardens and residents parking area.

An 80% share in the ownership of the apartment is available.

In fuller detail the accommodation comprises (all measurements are approximate):

Communal approach leading to a private door to the apartment:

Hallway - Built in cloaks cupboard, linen cupboard and airing cupboard with hot water cylinder. Night storage heater.

Lounge/Dining Room - 4.31m x 4.60m (14'1" x 15'1") - Double glazed windows, night storage heater. Door to

Kitchen - 3.77m x 2.12m (12'4" x 6'11") - Double glazed window and double glazed velux style window. Range of modern fitted wall and floor units providing drawer and cupboard storage space with rolled edged work surfaces and tiled surrounds, inset stainless steel single drainer sink unit and built in oven and hob.

Bedroom - 5.40m x 2.75m (17'8" x 9'0") - Double glazed window and double glazed velux style window, night storage heater.

Bedroom - 3.61m x 2.33m (11'10" x 7'7") - Double glazed window and double glazed velux style window. Electric panel heater.

Wet Room - 2.10m x 1.87m (6'10" x 6'1") - Tiled floor with floor drain and thermostatic shower, wc/bidet and wall hung wash hand basin. Heated towel rail.

Tenure - The property is Leasehold for a term of 125 years from the 25th December 1989. The residue of that leasehold interest is available. All the apartments are sold with an 80% equity with a 20% share being retained by Curo (formally the Somer Community Housing Trust).

The development is restricted to those persons over 55 years. It offers independence but with the extra security offered by the support of a part time Leasehold Officer on site in case of an emergency and in their absence an emergency alarm call system that is directed to a 24 hour emergency control facility.

The apartments are sold with no chain. Residents have the security of knowing that the freeholder will undertake the management of the development and be responsible for the maintenance of the grounds, common parts, buildings insurance, exterior repairs and decoration.

The annual service charge for a 2 bedroom property for the year 2024-2025 is £3,721.19. All tenure and service charges, details should be confirmed with your legal adviser prior to exchange of contracts.

Council Tax - According to the Valuation Office Agency website, cti.voa.gov.uk the present Council Tax Band for the property is C. Please note that change of ownership is a ‘relevant transaction’ that can lead to the review of the existing council tax banding assessment.

Agents Note - We have been informed by the freeholder (August 2022) that major works are expected to be carried out at Meadow Court over the next 5 years including the replacement of the windows, fire alarm etc, communal areas, heating and wiring and works to the lift(this is not an exhaustive list). Whilst we cannot confirm service charges for future years (as they are calculated annually) 80% of the costs expended will be passed on to the leaseholders. As a guide for the year 2022/23 the estimated charges per flat are currently £3551.67for a one bed unit and £4994.88 for a 2 bed unit. It is anticipated that investment in the building will have a positive impact on the future value of the flats. Please make any further queries with a negotiator who can put you in touch with the freeholder.

Property information from this agent

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About this agent

Davies & Way - Saltford
Davies & Way - Saltford
489 Bath Road Saltford BS31 3BA
01225 288679
Full profileProperty listings
We are an independent firm of Chartered Surveyors, Valuers, Auctioneers and Estate Agents who have been selling, letting and surveying homes locally for over 50 years and are regulated by the Royal Institution of Chartered Surveyors (RICS). Our two linked offices in Keynsham and Saltford are strategically placed between Bristol and Bath providing specialist advice in both areas as well as the surrounding Towns and Villages. With a strong profile in residential sales and lettings the firm is a multi discipline practice covering residential, commercial, development and agricultural property. The Partners Michael Ashbee FRICS, Stephen Morris MRICS, MARLA, FNAEA, FNAVA and Philip Furze FRICS are Chartered Surveyors of many years standing who combine to provide over 80 years of property expertise. It is a matter of regret to us that we work in a largely unregulated industry and anyone can set themselves up as a sales or letting agent. When dealing with Davies & Way you have the reassurance of knowing you are dealing with experienced property professionals who are regulated by the RICS, members of the National Association of Estate Agents, National Association of Valuers and Auctioneers and Association of Residential Letting Agents. We are professionally qualified in property matters.
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