This one-bedroom first-floor apartment, which forms part of the converted Grade II listed Old School House, is situated in the popular village of Shotley Gate. The apartment is being sold with no onward chain, comes with one allocated parking space and access to the communal grounds, and would make an ideal first time / investment purchase. The accommodation comprises entrance hall, lounge, bedroom, bathroom, and kitchen.
Leasehold information: Lease – 87 years remaining Ground rent - £90 per annum Service charge - £1,800 (2 instalments of £900)
The peninsular village of Shotley Gate is very popular amongst the boating community and provides a wide range of local village amenities including doctor’s surgery, bus routes, public houses, marina, church, and fantastic scenic countryside walks. In the summer months a foot and cycle ferry service licensed to carry up to 12 passengers operates between Shotley Marina, Harwich and Felixstowe. Shotley peninsula is an awe-inspiring location between the River Orwell and the River Stour. The neighbouring town of Ipswich offers a further range of amenities including shops, doctors, dental surgeries, hospital, theatre, parks, recreational facilities and train station providing direct links to London Liverpool Street Station.
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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