1 bedroom retirement property for sale

Situated in a modern town centre retirement development, 10 Union Court is a one-bedroom ground-floor apartment, available with no onward chain. The ground floor position also means it is conveniently close to the communal facilities and easily accessible from the main entrance. Union Court is a sought-after retirement development right at the top of Front Street, with immediate access to Chester le Street town centre amenities. The apartment has an entrance hall with ample walk-in storage space, a lounge/dining room, a kitchen, a good-sized bedroom with fitted wardrobes and a bathroom/wc.

Buyers must be fifty-five years and over, and the complex has communal facilities, including the lounge, laundry room, lifts, communal gardens and parking.

Union Court is situated at the top of Front Street. Its location makes it an ideal commuter base via the A1(M) interchange, which is only a few minutes' drive away. Chester le Street town centre boasts a wide range of shops, schools, and amenities, and Union Court is also ideally located for easy access to the nearby Riverside Park. The nearby railway station is on the main East Coast line, allowing easy commuting and rapid access to Durham City and Newcastle upon Tyne.


Agents Notes:

At least one resident must be aged 55 years or over.

Tenure: Leasehold

Term: 125 years from 22nd June 1990

Ground Rent: Peppercorn

Service Charge 1st April 2024 to 31st March 2025 £1,938.68 per annum = £484.67 per quarter. Four equal payments are to be made on 1st January, 1st April, 1st July and 1st October.

Covenants: Standard covenants affect the property. Details are referred to within the Land Registry Title Register and detailed within the Lease dated 24th April 1992, between:
1 McCarrick Construction Co Ltd (vendor)
2 Three Rivers Housing Association Ltd (management company)
3 Original purchaser.

The Register and original Lease are available for inspection. We draw particular attention to section 4(c) of the Lease, which states that 1% of the assignment price is payable to the management company for each year of occupation by the lessee to provide an ongoing reserve fund.

Council Tax Band: A (Durham County Council)

Conservation Area: No

Selective Licencing Area: No

Sale Subject to approval by the Court of Protection.

Mains Services: Electricity, Water, Sewage

Broadband: Superfast fibre broadband is available in the postcode. BT and Sky satellite/fibre TV are also available.

Mobile Coverage: Major networks provide mobile coverage.

Flood Risk: Rivers & Seas – Very Low; Surface Water – Medium