A 1-bedroom contemporary apartment with balcony situated on the first floor, within a group of residences exclusively for over 60’s. There is a resident’s lounge for socializing and activities, a reading area, library and an outside terrace garden, all easily accessible from the apartment. There is a manager on site 9-5 Monday to Friday and a 24-hour alarm system for all residents. There is also secure access to the complex, secure residents parking on site and guest suite for visitors. There is a lift in the building to street level and the Wharfside Shopping Village has a lift direct to Market Jew Street. The complex is close to the railway and bus stations and is being sold with no onward chain.
Lease: 125 Year Lease from 1st June 2017. Annual Service Charge: £3,391.84 Current Ground Rent £815.94 Minimum age limit- 60 years old
The market town of Penzance and its working harbour lies in a sheltered corner of Mounts Bay in South West Cornwall. The town offers all amenities including: schools, doctors, churches, banks, shops, restaurants and the famous Jubilee Pool and Morrab gardens. The neighbouring town of Newlyn is approx. 1 mile away. Marazion 3 miles. Sennen, Porthcurno and St. Ives are all within a short drive with the nearby train station linking to the main London Paddington transport link.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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