1 bedroom flat for sale

A FIRST FLOOR ONE BEDROOMED RETIREMENT APARTMENT FOR THE OVER 60'S SITUATED IN THIS POPULAR DEVELOPMENT. Owned on a 70% Shared Equity Basis with Sanctuary Housing Association. Well presented throughout, the apartment enjoys open views over parkland to the rear. EP Rating C


LOCATION

The property is well located and provides good access to surrounding areas. Important centres within a radius of approximately 2 miles include the Queen Elizabeth and Priory Hospitals, the new Dental Hospital and the University of Birmingham. Commuting train links into Birmingham City Centre can be found at Selly Oak & Bournville stations. Access to the Rea Valley national cycle route which meanders its way along the River Rea and down into Cannon Hill Park and along to the city centre can be found across the Pershore Rd where regular buses connect to the city centre.

There is a wide variety of shopping facilities including bars and restaurants locally in Selly Oak Stirchley, Bournville, Harborne and Edgbaston.

Recreational amenities including Edgbaston Priory Club (tennis, squash and leisure), Warwickshire County Cricket Club, Edgbaston Golf Club, Cannon Hill Park and the Midlands Art Centre can all be found locally.

SUMMARY

• First Floor One Bedroomed Retirement Apartment

• Available to the Over 60's

• Owned on a 70% Shared Equity Basis with Sanctuary Housing

• Well Presented Throughout

• Fully Fitted Kitchen

• Modern Shower Room

• Comfortable Lounge/Dining Room

• Well Located in this Popular Development

• Views Over Parkland to the Rear

• Available with NO UPWARD CHAIN

DATA

Tenure - The property is Leasehold for a term of 99 years from 28th November 2014. It is understood that a new 99 year lease is granted at the start of each change of ownership (to be verified via your legal adviser)

Heating and Glazing - Electric Heating and UPVC Double Glazing

Council Tax Band - B

Shared Equity Affordable Housing Scheme / Service Charge - The vendor is selling a 70% interest in the ownership of the property. The Housing Association retains 30% of the ownership to ensure that the criteria for this Affordable Housing Scheme is adhered to each time the properties are sold. Sanctuary Housing Association are also the scheme's property managers, and are responsible for levying a service charge which includes the cost of maintaining the exterior of the buildings, the cost of building's insurance, and the cost of a full-time resident warden. The annually reviewed service charge apportioned to 3 Wibert Close is currently believed to be £184.66 per calendar month however there is no rent to pay on the 30% share retained by Sanctuary Housing.