1 bedroom retirement property for sale

In Wells Somerset, a rare opportunity has arisen to purchase one of the very popular apartments in the King Alfred’s courtyard development for the over 55’s. Tucked away just behind the High Street there is superb and easy access to all the benefits this beautiful small cathedral city has to offer and this apartment has the added benefit of being on the ground floor.

Built around a central courtyard the refurbished stone-built cottages and apartments adjoin new buildings which blend sympathetically with the old stone facades. There are eighteen properties in total arranged around the central courtyard which can only be approached via video monitored automated gates. There is a non-resident house manager, a pre-bookable guest suite and residents' lounge. All communal areas are well maintained.

No. 16 is positioned off the main courtyard area and the glazed front door opens into the hallway from where the sitting room connects to the kitchen. Whilst the property would benefit from some updating décor wise it offers an easy to maintain and well positioned home within this development. There is a conveniently placed downstairs WC and stairs lead to the first floor landing where there is a double bedroom with fitted wardrobes, a bathroom with shower and bath and an airing cupboard. The property is light and pleasant with windows to the front aspect over looking the courtyard.

OUTSIDE
There are attractive and well maintained communal gardens with areas of lawn, flowerbeds and benches for residents to enjoy this sunny area.

A small residents car park is on-site and is accessed via electric gates from Union Street car park. Spaces are subject to availability.

Situation
King Alfred Courtyard is perfectly situated in the centre of Wells, the smallest Cathedral city in England. The high street is vibrant and home to a good selection of chain stores (such as Boots and Waterstones) and a variety of independent shops, restaurants and pubs. There is a twice weekly market offering good local produce, delicious fresh fish, meat products and a variety of street food. Wells also has a choice of supermarkets including Waitrose, Tesco, Morrisons and a new Lidl, soon to be built. At the very heart of the city is the stunning mediaeval Cathedral, Bishop’s Palace with its superb garden, and Vicars’ Close (reputed to be the oldest surviving residential street in Europe).

Wells is fast becoming the South West's go-to place for festivals with annual food, literary, comedy and theatre events. The cafe culture within the Market Place offers a wonderful opportunity to sit and watch the world go by. Tables and chairs adorn the cobbled square surrounded by fabulous architecture, historic buildings. With both the Cathedral School and the Cathedral itself, there are all year opportunities for musical concerts and other events, and regular shows in the Little Theatre and a multi-screen cinema.

Other local attractions and amenities include the well-known Bath and West Show Ground, the Wells and Mendip golf clubs whilst sailing and fishing can be found on the Chew Valley and Blagdon Lakes. The heritage city of Bath and regional centre of Bristol are both within very easy reach

Directions  
BA5 2RL
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SERVICE CHARGES
Service Charge: £4,932.85 per annum
Ground Rent: £350.00 per annum
The service charge includes, buildings insurance, grounds maintenance, external property maintenance, cleaning and maintenance of communal areas and house manager (Monday-Friday).

MATERIAL INFORMATION

In compliance with The Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material Information in Property Listings Guidance.

PART A

Local Authority: Somerset
Council Tax Band:  D
Guide Price:  £185,000
Tenure: Leasehold
Approximately 103 year remaining of 125 year lease as of 2024

PART B

Property Type: Ground Floor Two Storey Apartment 
Property Construction: Purpose built
Number and Types of Rooms:  See Details and Plan, all measurements being maximum dimensions provided between internal walls
Electricity Supply:  Mains
Water Supply:  Mains
Sewerage:  Mains
Heating:  Electric
Broadband:  Please refer to Ofcom website. Mobile Signal/Coverage:  Please refer to Ofcom website. Parking: Spaces are subject to availability. 

PART C

Building Safety: The vendor is acting as power of attorney and is not aware of any Building Safety issues. However, we would recommend that the purchaser’s engage the services of a Chartered Surveyor to confirm.
Restrictions: There are restrictions within the leasehold title. We would recommend you review the Title/deeds of the property with your solicitor.
Rights and Easements: There are restrictions and rights withing the leasehold title. We would  recommend you review the Title/deeds of the property with your solicitor. A copy of the lease is available with Lodestone. 
Flood Risk:  The property has not flooded.
Coastal Erosion Risk:  N/A
Planning Permission:  We are not aware of any planning permissions pending that will affect the property.
Accessibility/Adaptations:  N/A
Coalfield Or Mining Area:  N/A
Energy Performance Certificate: D

No other Material disclosures have been made by the Vendor. This Material Information has been compiled in good faith using the resources readily available online and by enquiry of the vendor prior to marketing. However, such information could change after compilation of the data, so Lodestone cannot be held liable for any changes post compilation or any accidental errors or omissions. 

Furthermore, Lodestone are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed. If any information provided, or other matter relating to the property, is of particular importance to you please do seek verification from a legal adviser before committing to expenditure.

Tenure: Leasehold