1 bedroom retirement property for sale

Situated in a modern town centre retirement development, this one-bedroom ground-floor apartment has a great position on the ground floor, overlooking the town's Front Street and conveniently close to the communal facilities and the main entrance lobby. The well-presented accommodation is ideally suited to those seeking easily maintained living space. It briefly comprises a hall with storage cupboards, a 16ft living room with windows to two walls, a fitted kitchen with integrated cooking appliances, double size bedroom with fitted wardrobes and a refitted, contemporary shower room/wc with a large walk-in shower enclosure, white suite and fitted storage units. The development includes communal gardens and resident and visitor parking. Communal facilities include an extensive residents lounge with a kitchen, laundry and lift. The apartment is available with no onward chain.

Union Court is a sought-after retirement development right at the top of Front Street, with immediate access to Chester le Street town centre shops and amenities. 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 20th July 1990, 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 3(f) 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
Mains Services: Electricity, Water, Sewage
Broadband: Superfast fibre broadband is available in the postcode 80 mb/s. BT and Sky satellite/fibre TV are also available.
Mobile Coverage: Major networks provide mobile coverage.
Flood Risk: Rivers & Seas – No Risk; Surface Water – Medium