This property is no longer on the market
2 bedroom retirement property
Key information
Property description & features
- Tenure: Leasehold
- APARTMENT IN EXCLUSIVE RETIREMENT COMPLEX
- EASTERN SIDE OF TOWN
- HALL, CLOAKROOM, SITTING/DINING ROOM
- KITCHEN, TWO BEDROOMS, EN SUITE SHOWER ROOM
- PRIVATE BALCONY
- REDECORATED AND RECARPETED THROUGHOUT
- VERY WELL PRESENTED
- COMMUNAL GARDENS & PARKING
- COMMUNAL LOUNGE, DINING ROOM, SHOP, HAIRDRESSERS, SOCIAL ACTIVITIES
- 75% SHARED OWNERSHIP WITH NO RENT TO PAY
Bury St Edmunds - Bury St. Edmunds is one of Suffolk's most attractive market towns and it affords excellent educational, recreational and cultural amenities including the Abbey Gardens and its ruins, the Theatre Royal, Art Gallery and Cathedral Church of St. James together with extensive shopping facilities. The A14 trunk road gives fast access to Ipswich, the east coast, Cambridge, the Midlands, Stansted Airport and London via the M11 and there is also an indirect rail connection to London.
Local Authority & Council Tax Band: - West Suffolk District Council. Council Tax Band B
Tenure: - For sale LEASEHOLD with vacant possession upon completion.
The current service charge is £691.14/month (This charge includes heating, electricity and water). There is also an additional care charge which is currently £154.20/week.
This made up of two components, the core care charge which covers a 24/7 alarm and response system from onsite carers of £61.56/week and an hourly care charge of 23.16/hr with a minimum requirement of 4 hours per week. These hours can be used for a variety of purposes included cleaning and laundry.
The sale is for a 75% share of the leasehold flat which has 112 years left on the lease. The Housing Association retain the other 25% on all properties within the complex in order for the flats to be 'affordable' although there is no rent chargeable on this share.
Agents Note - Prospective purchasers' need to be approved by both the housing association (Bedford Pilgrims Housing Association) and the care company (Order of St John's Care Trust)
Viewings: - By appointment with the Sole agents Marshall Buck Ltd.
Anti-Money Laundering Regulations - We are obliged under the Government's Money Laundering Regulations 2019, which require us to confirm the identity of all potential buyers who have had their offer accepted on a property. Therefore, we will require the full name(s), date(s) of birth and current address of all buyers as well as a copy of photographic ID (Driving License or Passport) and Address Verification in the form of a recent Utility Bill/Bank Statement. Once we have received this information we will be able to issue a Memorandum of Sale and move forward with the transaction.
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Property reference 32939045. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Shires Residential - Bury St.Edmunds.
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Broadband availability and predicted speed: obtained from Ofcom on January 17, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 17, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on October 7, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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