2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (124 years remaining)
- 2 Bedrooms
- No Onward Chain
- Luxury Retirement Apartment
- Host Of Communal Facilities
- Walking Distance To Town Centre
No onward chain.
This elegant two bedroom, second 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 is well positioned on the first floor, with an open and attractive elevated view 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 extremely light and airy with French doors leading to your exclusive balcony. The open plan living area 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, 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.
Agents Note
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 £586 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 £3701pa
Tenure: Shared Ownership. 25% 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 and you must not own a second home. You must be able to afford the current shared ownership price and all annual charges.
Property information from this agent
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Broadband availability and predicted speed: obtained from Ofcom on November 2, 2023
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:
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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 November 2, 2023
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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 November 4, 2021 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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