* Ground Floor Age Restricted Apartment
* One Double Bedroom
* Sitting/Dining Room
* Bathroom/Wet Room
* Modern Fitted Kitchen
* Communal Facilities
* Parking
A ground floor apartment in the new extra care living development in
Eastergate for those of retirement age. Comprising open plan
lounge/diner/kitchen, double bedroom, wet room and fully accessible facilities
including residents lounge, café/bistro, hair salon and landscaped gardens.
_Our_ _comments: _ This fantastic ground floor apartment, built circa 2021,
offers excellent accessibility and is available to purchase with a shared
ownership scheme. The price of £45, 000 represents a 25% share of the property.
The property looks like new, being just a few years old and would be turn - key
ready for an incoming buyer.
Monaveen is a luxurious modern development of age restricted apartments
designed for independent living with additional care facilities available if
required. Residents should be 55 and older if you have a care need, 65 if you
do not. In addition to the apartment the block offers many facilities
including a café, hairdressers, communal lounge and communal gardens for
sociable residents and their guests.
The accommodation for this ground floor apartment consists of a an open plan
living room, with plenty of space for a dining table and an adjoining modern
kitchen. There is a large walk - in meter cupboard providing storage space and
separate boiler cupboard. The sitting room looks out over the communal gardens
and enjoys a private patio area. There is an excellent sized double bedroom,
which will have large wardrobes included. The bathroom is a wetroom and can be
accessed via the bedroom or the living area.
We understand that you are able to buy a share of the property, between
25% - 75% of the total value and would then be paying rent on the portion that
you do not own up to 75%, the final 25% is rent free. The full market value of
the property is £180, 000, meaning you could spend between £45, 000 and £135, 000
depending on the share bought. For more information or to book a viewing
appointment please call Clarkes Estates on .
The property has the remainder of a 999 year lease which commenced on 1st
April 2021. The property is managed by the Freeholders, Housing21. Approximate
charges based on 25% ownership as of 22 December 2022: Total charges £623. 12
pcm (Rent £348. 73 pcm; Service Charge excl. Sink Fund £257. 05 pcm; Support
Charge £17. 34 pcm). There are additional charges depending on the level of
care required by residents. The amount payable is variable depending on the
percentage purchased and periodic adjustments to the maintenance to ensure
expenses are covered.
_Living_ _Room_ _/_ _Dining_ _Room: _ _13' 10" x 12' 10" (4. 23m x 3. 92m)_
_Kitchen: _ _8' 10" x 7' 9" (2. 70m x 2. 37m)_
_Bedroom: _ _14' 7" x 10' 11" (4. 45m x 3. 33m)_
_Shower/Wet_ _Room: _ _8' 4" x 6' 11" (2. 56m x 2. 13m)_

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