* 80% Share Available
* Residents Facilities - lounge, hobby room, guest suite, residents parking and gardens
* Lift served development
* Lounge/Dining room
* Kitted Kitchen with built in oven & hob
* 2 Bedrooms
* Bathroom
* Electric Heating
* Double Glazing
* An excellent retirement proposition
A ground floor retirement apartment in a purpose built development
The development benefits from communal facilities provided for the use and
enjoyment of all residents including a residents lounge, kitchen/dining room
and further sitting rooms on the upper floors plus communal gardens and
residents parking.
An 80% share in the ownership of the apartment is available.
In fuller detail the accommodation comprises (all measurements are
approximate):
Communal approach leading to the private entrance door to the apartment.
**Entrance Hall**
Night storage heater, airing cupboard with hot water cylinder.
**Lounge/Dining Room (4. 41m x 4. 37m (to max) (14'5" x 14'4" (to max)))**
Double glazed windows to side aspect, night storage heater.
**Kitchen (3. 76m x 2. 12m (12'4" x 6'11"))**
Range of built in wall and floor units with rolled edged work surfaces and
tiled surrounds, inset stainless steel sink unit with mixer tap, built in oven
and hob, wall mounted electric heater. Free standing automatic washing machine
and fridge freezer included. Double glazed window to side aspect.
**Bedroom (4. 25m x 2. 75m (13'11" x 9'0"))**
Double glazed windows to front aspect, night storage heater.
**Bedroom Two (3. 20m x 2. 24m (10'5" x 7'4"))**
Double glazed window to side aspect, electric panel heater.
**Bathroom (2. 16m x 1. 88m (7'1" x 6'2"))**
Shaver point, wall mounted electric heater. Suite of low level wc, pedestal
wash hand basin and panelled bath with mixer tap incorporating shower
attachment. Tiled surrounds.
**Tenure**
The property is leasehold for a term of 125 years from 25th December 1989. The
residue of that leasehold interest is available. All the apartments are sold
with 80% equity with the 20% share being retained by Curo (formally the Somer
Community Housing Trust). The apartments are sold with no chain. Residents
have the security of knowing that the freeholder will undertake the management
development and be responsible for the maintenance of the grounds, common
parts, building insurance, exterior repairs and decoration. The service charge
2022 - 2023 is £2465. 14.
The development is restricted to those persons over 55. It offers independence
but with the security offered by the support of a leasehold officer and in
their absence, an emergency alarm call system that is directed to a 24 hour
emergency control facility.
**Council Tax**
According to the Valuation Office Agency website, the present Council Tax Band
for the property is C. Please note that change of ownership is a ‘relevant
transaction’ that can lead to the review of the existing council tax banding
assessment.
**Agents Note**
We have been informed by the freeholder (August 2022) that major works are
expected to be carried out at Meadow Court over the next 5 years including the
replacement of the windows, fire alarm etc, communal areas, heating and wiring
and works to the lift(this is not an exhaustive list). Whilst we cannot
confirm service charges for future years (as they are calculated annually) 80%
of the costs expended will be passed on to the leaseholders. As a guide for
the year 2022/23 the estimated charges per flat are currently £3551. 67for a
one bed unit and £4994. 88 for a 2 bed unit. It is anticipated that investment
in the building will have a positive impact on the future value of the flats.
Please make any further queries with a negotiator who can put you in touch
with the freeholder. All tenure and service charges, details should be
confirmed with your legal adviser prior to exchange of contracts.

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