1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- Video viewing available
- First Floor Apartment
- Centre Of Popular Village
- Shared Ownership 50% At Current Asking Price
- Opportunity To Acquire Increased Percentage Share
- Smartly Presented Throughout
- Assissted Living Care Facility
- Exclusively For The Over 55's
- No "chain"
- Must Be Viewed
An excellent opportunity to purchase a one bedroomed first floor apartment located in this fantastic development close to the heart of Waltham village with excellent local amenities nearby. This particular apartment offers larger than average accommodation for this development and has been designed specifically with the older occupier in mind. The principle occupant must be 55 years or older and if there is a second occupant they must be at least 50 years of age.
The Limes has a delightful communal uPVC conservatory and fabulous communal gardens which are extremely well maintained by volunteer residents. Features include communal lift, visiting management staff five days a week and a care line alarm service.
The flat is presented to a good standard and is decorated using pastel shades and has the benefit of uPVC double glazing.
There is a key fob entry style system externally with an intercom system for visitors to use and there is communal car park to the front of the property if required.
The apartment itself comprises hall, living room with dining area, attractive fitted kitchen, one double bedroom and an attractive wet room with smart suite.
Available for sale at a 50% share for £52,500 with rent payable for the remainder which we understand to be £140.94 per calendar month. Alternatively you could acquire 100% share for £105,000 and there would be no requirement to pay a rent.
AN IDEAL RETIREMENT PROPERTY THAT MUST BE VIEWED.
Rooms
Ground Floor
Shared Entrance Hall
With a key fob entry system which also has an intercom system to alert the occupiers of the flat when visitors/tradesman etc have arrived.
Sources Of Useful Information
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
First Floor
Flat 29
Hall
With airing cupboard, radiator and uPVC double glazed window.
Kitchen 3.55m x 2.09m
Partly tiled with an attractive range of fitted wall and base units incorporating a stainless steel sink unit and drainer. The electric cooker will be included in sale price. uPVC double glazed window overlooking trees and playing field to the rear.
Living Room 5.11m x 3.55m
Good sized living room with ample dining space. Radiator and two uPVC double glazed window units.
Bedroom 1 3.99m x 2.79m
Good size double bedroom with a radiator and uPVC double glazed window bay.
Wet Room
Partly tiled and having a non-slip floor fitted with a smart suite comprising "Mira" shower, pedestal basin and low-flush w.c. Extractor. Radiator.
Age Restriction
We understand the principle occupier of the flat must be 55 years or older. If there is a second occupier they can be no less than 50 years of age.
Service Charge
We understand that a service charge is payable which covers the maintenance and lighting of the communal areas including the lift, gardening of communal areas, insurance for both the building and communal areas etc. We understand the current service charge payable is £162.29 per calendar month however, we strongly recommend that any purchase should make their own enquires.
Rental Option (50% Share)
At the price of £52,500 the buyer will obtain a 50% interest in the property with the remaining 50% belonging to Lincolnshire Housing Partnership (formally shoreline). Any purchaser will be expected to pay rent for the remaining 50% which we understand is currently at £165,62 PCM (All interested parties are advised to make their own enquires). We understand that Lincolnshire Housing Partnership will request to meet the prospective tenant prior to making a legal commitment to let the property through them in the usual manner.
Tenure
Leasehold - For a term of 125 years from and including 1st June 2009. All interested parties are advised to make their own enquiries.
Broadband & Mobile Phone Coverage
Please use the following link to check the mobile phone and broadband coverage for this property.
Council Tax Band A
This information was obtained on the 5th February 2024 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership.
All interested parties are advised to make their own enquiries. See
Sources Of Useful Information
Purchasers may find the following websites useful in providing additional information in respect of the property and the immediate surrounding area.
Mortgage Advice
We are pleased to be able to introduce Toni Cressey Mortgage Advisers who we recommend for Independent Mortgage Advice for any of our clients looking to purchase their first home, new home or investment property.
They have a team of advisers that are able to help and advise you on the most suitable mortgages available for you taking into account your own particular needs and circumstances. They will help and guide you through the whole mortgage and home buying process, ensuring best advice is given at all times. Buying a new home is one of the most important financial decisions you will make so it is vital that you get the help and advice you need at the earliest opportunity.
No fee is charged for this independent mortgage advice, which is provided under no obligation. There may however be a fee payable should you proceed with a mortgage application. The actual amount you pay will depend upon your own circumstances and requirements and typically our application fee will (truncated)
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Broadband availability and predicted speed: obtained from Ofcom on August 4, 2023
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Mobile phone signal availability and predicted strength: obtained from Ofcom on August 4, 2023
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