2 bedroom apartment for sale

An age restricted and high quality two bedroom ground floor apartment, offering private courtyard garden and access to a host of communal facilities. 50% Shared ownership apartment.


This wonderful two bedroom ground floor apartment forms part of Mulberry House, one of 86 apartments exclusively for over-55's, recently built, in the style of a Georgian mansion using local hamstone, brick and slate. The apartment has elegance and good celling heights, with features future-proofed designs such as wide hallways, soft-touch fittings, and anti-slip walk-in showers to ensure future needs are fully catered for. The property offers easy access to all communal facilities, alongside an independent courtyard garden area. 
The apartment is well positioned on the ground floor, with open and attractive views over the inner communal courtyard. The internal design of the space is extremely user-friendly and offers spacious accommodation throughout. The accommodation has a welcoming entrance hallway with video intercom, store cupboards and access to both the bedroom and living accommodation. The sitting/dining area is filled with natural light with tasteful floor to ceiling sash windows and French doors overlooking the garden and inner courtyard. The open plan living areas flows into a high specification kitchen, complete with a range of base and wall units, integral fridge, freezer and oven with 4 ring induction hob and extractor hood over. The two generous bedrooms also have a pleasant garden outlook, the master bedroom offering fitted wardrobes and pleasant en suite walk in shower facilities. The bathroom also has high quality sanitary ware, comprising panelled bath with shower over, heated towel rail, wc and sink unit. The property is offered with superfast broadband capability, underfloor heating served by a manifold and communal boiler system. 
Communal facilities on the ground floor include the central courtyard garden, owners lounge, treatment room and an activity studio. Weekly activities are commonplace and the development is run on a 'not for profit' basis. A guest suite is available in the main hotel at a reduced rate for residents.
At the heart of the development, you'll find a like-minded community waiting to welcome you. Your Community Manager brings together your new neighbours, they're a reassuring presence and a master organiser creating opportunities for everyone to enjoy a varied programme of activities and events from fish & chips Friday to regular book club meetings.
Or if you prefer, you can relax in the manicured gardens, dine in the on-site bistro and enjoy a coffee with neighbours in the private homeowner lounge areas. Take some time out for yourself and enjoy the spa and pampering treatments.
You can immerse yourself into the community or live as independently as you wish. There is plentiful on-site visitor parking, electric charging points, easy access lift provision and wide corridors.
This development is purpose built to provide you a future proof solution to allow you the freedom to live life on your terms. The shared ownership scheme, allows you get the apartment of your dreams for attractive headline value.

Services
All mains connected. Council Tax Band D.

Sherborne is a particularly attractive town with a conservation area and an Abbey to its centre and amenities that include a main line train station, two doctors surgeries, a library, two supermarkets and a comprehensive range of shops, public houses and restaurants. The local regional centre of Yeovil lies within short motoring distance providing with Sherborne an excellent range of cultural, recreational and shopping facilities. Sporting, walking and riding opportunities abound within the area while the region is well known for both its public and privately funded schooling. Communication links are good with a main line station linking directly with London Waterloo while road links are along the A303 joined at Wincanton giving swift access to London and the Home Counties along the M3, M25 route.

Key Information

This property is listed at 50% of its market value. You purchase the current leasehold share of the apartment, then pay a low regulated rent on the remainder, along with a low-cost service charge. With shared ownership you own a percentage of the property, and you pay a rent to AHC ltd on the part that they own. The amount of rent you pay is set by the government, with annual increases at RPI plus 0.5% inflator. The current rental share on this property is £525.39 pcm but may be subject to change. Purchasers must be aged 55 and over and meet eligibility requirements to qualify.
Shared ownership event fee:- All Platinum Skies homeowners with a shared ownership lease pay an event fee when they come to sell their property. The event fee varies, depending on how long you have owned the property.  It starts at 2% of the property and is capped at 10%.
Annual Service Charge for 2024/25 - estimated £3996.41pa
Tenure: Shared Ownership. 50% share of lease. Lease length – remainder of 125 years.
Eligibility Criteria: All prospective purchasers must meet the minimum agree requirement of 55. Your annual income must be less than £80,000 per household. You must be able to afford the current shared ownership price and all annual charges.