* Share of freehold
* 80% Share Available
* Residents Facilities - Lounge, Hobby Room, Guest Suite, Residents Parking & Gardens
* Lift Served Development
* Lounge/Dining Room
* Fitted Kitchen with built in Oven & Hob
* 2 Bedrooms
* Shower Room
* Electric Heating
* Double Glazing
* Excellent Retirement Proposition
A first floor retirement apartment in a purpose built development, overlooking
the front of the development.
The development benefits from communal facilities provided for the use and
enjoyment of all residents, including a resident’s lounge, kitchen - dining room
and further sitting rooms on the upper floors, a guest suite plus communal
gardens and a residents parking area.
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 a private door to the apartment:
**Entrance Hall**
Cupboard with hot water cylinder, separate cloaks cupboard. Night storage
heater.
**Living Room (4. 45m x 4. 0m (14'7" x 13'1"))**
Two double glazed windows to front aspect. Wall lights
**Kitchen (3. 78m x 2. 11m (12'4" x 6'11"))**
Double glazed window to front aspect, wall mounted electric fan heater.
Furnished with a range of wall and floor units providing drawer and cupboard
storage space with rolled edged work surfaces and tiled surrounds. Inset
stainless steel single drainer sink unit with mixer tap. Built in oven and
hob.
**Bedroom (4. 64m x 2. 78m (15'2" x 9'1"))**
Double glazed window to front aspect. Built in wardrobe (included in
measurements) Night storage heater.
**Bedroom (2. 86m x 2. 18m (9'4" x 7'1"))**
Double glazed window to front aspect, electric panel heater.
**Shower Room (2. 15m x 1. 87m (7'0" x 6'1"))**
Low level wc, pedestal wash hand basin, Shower enclosure with thermostatic
shower head. Built in cupboard, tiled surrounds, shaver point. Heated towel
rail.
**Tenure**
The property is Leasehold for a term of 125 years from the 25th December 1989.
The residue of that leasehold interest is available. All the apartments are
sold with an 80% equity with a 20% share being retained by Curo (formally the
Somer Community Housing Trust).
The development is restricted to those persons over 55 years. It offers
independence but with the extra security offered by the support of a part time
Leasehold Officer on site in case of an emergency and in their absence an
emergency alarm call system that is directed to a 24 hour emergency control
facility.
The apartments are sold with no chain. Residents have the security of knowing
that the freeholder will undertake the management of the development and be
responsible for the maintenance of the grounds, common parts, buildings
insurance, exterior repairs and decoration.
**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. 67 for 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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