Listed for £50,000
September 13, 2024
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Front: , The front gardens are mainly lawned for ease of maintenance and enclosed by fencing (with garden path access for adjoining bungalow).
It should be noted that the gardens to all properties on site are concessionary by agreement with the site owners.
Buyers Notes:-: , "Purchasers are advised that this home is subject to an 11 month occupancy clause although it should be noted that residents are able to occupy their property all year round."
The properties are suitable for cash buyers only and subject to a 50 year old minimum age restriction.
Lease Information:
The bungalow is leasehold on a sixty year lease that commenced on 1st January 1986.
The site owners are willing to extend the leases at any time for a charge dependent on the length of lease required.
The annual ground rent is £1560 for 2024. The ground rents are reviewed every 3 years. The next review date for this property is 1/1/2025 with an increase expected to £1716 inc vat.
Buyers should be aware that on resale of the property there is a repayment due to the site owner of 7.5% (+vat) of the sale price.
Council Tax Band:- A