2 bedroom retirement property for sale
Key information
Property description & features
- 70% equity share with no payments or rent for the remaining 30%
- Buy back scheme if property doesn't sell on open market in 6 months
- Fantastic value for money
- Communal garden and courtyard
- Elevator to all floors
- Entry phone system
- No onward chain
- 2 bedrooms
- Over 55's only (or if a couple where one is over 55)
Accommodation
Well maintained communal hallway with a lift to all floors and an entry phone system gives access to the first floor landing. A solid door opens into a hallway which could provide a study area with a useful walk-in store cupboard with power and light. At the far end of the hall is a sitting room with a secondary glazed window to the front, night storage heater and television point. Off the kitchen is a well appointed kitchen with a range of wall and base units with electric oven and hob. There is space for a fridge freezer and plumbing for a washing machine. There are two generous bedrooms and a shower room (originally a bathroom). Double glazed windows with additional secondary glazing. Electric heating.
Outside
There are attractive areas of courtyard and garden around Old School Place with an area for refuse and recycling.
On the corner of North Road and North Grove there is an area of parking reserved for Old School Place residents and their visitors.
N.B. AVAILABLE TO OVER 55'S OR, IN THE CASE OF COUPLES, WHERE ONE OCCUPANT IS OVER 55. ELIGIBILITY SUBJECT TO FINANCIAL ASSESSMENT BY LIVEWEST. A NEW LEASE OF 70 YEARS WILL BE ISSUED UPON CHANGE OF OCCUPANT. LIVEWEST BUY BACK THE LEASE AT MARKET VALUE AFTER A 6 MONTH NOTICE PERIOD IF NOT SOLD ON THE OPEN MARKET. THE PRICE QUOTED REPRESENTS 70% OF THE MARKET VALUE. THERE IS NO CHARGE MADE BY LIVEWEST FOR THE REMAINING 30%. A MONTHLY SERVICE CHARGE of £165.07 APPLIES. THIS INCLUDES UPKEEP, MANAGEMENT, MAINTENANCE, REPAIR AND INSURANCE OF THE BUILDING AND COMMUNAL AREAS.
FOR FURTHER DETAILS PLEASE CONTACT THE WELLS OFFICE ON[use Contact Agent Button].
Location
Wells is the smallest city in England and offers a vibrant high street with a variety of independent shops and restaurants as well as a twice weekly market and a choice of supermarkets including Waitrose. Amenities include a leisure centre, independent cinema and a theatre. Bristol and Bath lie c.22 miles to the north and north-east respectively with mainline train stations to London at Castle Cary (c.11 miles) as well as Bristol and Bath. Bristol International Airport is c.15 miles to the north-west. Of particular note is the variety of well-regarded schools in both the state and private sectors in Wells and the surrounding area.
Directions
By car from Wells city centre follow signs for The Horringtons B3139 into St Thomas Street. Turn left into North Road and left again into North Grove. The parking area for Old School Place is on the left hand side with the apartment being a short walk away. On foot the property can be accessed from St Thomas Street on the left hand side.
Council Tax Band: B
Tenure: Leasehold
Property information from this agent
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