This apartment was purchased when properties were originally released in The Cocoa Works and is now available for a cheaper price than the remaining homes that are available with the developer.

The fabulous one bedroom fifth floor apartment benefits from spacious open plan living and also an allocated parking space for a total cost of £245,000. Currently, the cheapest one bedroom apartment available with the developer is £252,500 with an additional £20,000 for an allocated parking space. Due to a change in circumstances the apartment is now available for the contract to be reassigned. This part of the development is due for completion late 2023.

The property will be placed towards the top floor of the historic building and will feature views to the west, a very high level of finish throughout and bright, spacious living accommodation filled with light via large windows.

Accessed via a secure communal hallway there will be either a lift or a staircase to reach the fifth floor. Once inside the property the heart of the home is a generous open plan lounge/diner and fitted kitchen. The living area gives ample space for both dining and relaxing, there is a useful utility cupboard and the kitchen has a range of tasteful wall and base units and built-in appliances. The accommodation continues with a double bedroom and finally there is a three piece bathroom.

Outside the development in addition to the one allocated parking space are spacious communal gardens. The development will also boast the advantages of a concierge team and long term a community shop and café will be introduced.

The Cocoa Works is a leasehold development. The lease length for the apartment will be 999 years from completion of the property. The service charges will be £2.66 - £3.05 per square foot, per annum. These can be paid either quarterly or annually and will be reviewed annually against the retail price index. These prices will be reviewed before completion.

The annual ground rent* will be £100 for one bedroom apartments. The ground rent will increase by the original amount every 25 years.

Due to the leasehold reform (ground rent) act 2022 we anticipate there will no longer be a ground rent charge.

Communal Hallway
Secure entrance door and either stairs or lift leading to fifth floor.

Lounge/Diner and Open Plan Kitchen 25'4" x 13'3" (7.72m x 4.04m)
Entrance door, Utility cupboard and windows to west elevation.

Fitted Kitchen
Wall and base units, work surfaces, sink and built-in appliances.

Bedroom 12'10" x 9'3" (3.9m x 2.82m)
Windows to west elevation.

Bathroom
Three piece suite with bath, sink and W.C.

Exterior
Communal grounds and one allocated parking space.