1 Bedroom Flat - Sold STC
Fallbarrow Court Windermere LA23.
Fixed Price £59,500
Economy 7 Storage Heater
Separate Store Room
Allocated Private Parking Space
Fully Double Glazed
5 Minutes To Lake Shore
- Asking Price:
A purpose-built modern first floor apartment built in 1998. The accommodation briefly comprises of communal entrance hall, sitting room, fitted kitchen, bedroom and bathroom with a separate store room on the ground floor.
The apartment is conveniently placed for village amenities and has the benefit of a large private store room on the ground floor suitable for bikes. There is a fire alarm system and an entrance with intercom system. Carpets, blinds and light fixtures & fittings are included in the sale.
12 Fallbarrow Court has the cost saving advantages of Economy 7 electric heating complemented by double glazing throughout the apartment.
This property also the added benefit of a single private allocated parking space. There are unallocated spaces available for visitors.
The lounge enjoys a sunny afternoon and evening view over the neighbouring Fallbarrow Park and views towards Bowness Bay.
There is a local Occupancy Clause on this property as detailed below:
The assignee is a person who at the time or immediately prior to the purchase is employed in or has received an offer of permanent employment who has for the immediately preceding three year period had his only or principal residence in the locality in which the premises are situate. In this condition ‘locality’ shall mean the administrative County of Cumbria and the expression ‘person’ shall include the dependants of a person residing with him or her or the widow or widower of such a person.
Rent for the other 50% share is payable to the Home Group. Current rate is £133 per month.
The service charge, management fee & buildings fund contribution are paid annually or monthly. Approx. £750 per year (Total 2014/15) This includes maintenance of communal areas plus it includes buildings insurance (Buyers need only purchase contents insurance)
Council Tax Band B (Approx £1250 per year)
This property is leasehold on a 125 year lease from 1998.
This property is offered at a Fixed price which is non negotiable. The valuation has been undertaken by an RICS approved valuer to reflect true & fair market value.
Staircasing is available on this property enabling the Buyer to purchase further shares up to 100% after 12 Months. Once you own 100% then you're free to sell the property on usng an estate agents valuation.
There is a maximum household income cap of £60,000. Applicants can not own another property at the time of buying.
The property must be for residence only and cannot be sub let at any time. Ideal for first time buyers or those looking to downsize for retirement (as long as you don't currently own a property)
This is a rare opportunity for locals to get on the property ladder in Bowness with very affordable living costs. Buyers will also gain from any rise in market value of their share.
Interested parties are to fill out an application form (provided by the seller). This will be a on a first come first serve basis as long as the applicant(s) meet the criteria outlined above.
Please do not arrange a viewing unless you meet this criteria.
- Council tax band: B (£1250.00 Per Annum)
- Double Glazing: Throughout
- Heating: electric
Lease info: 103 years remaining
Ground rent: £250.00 Per Year
Maintenance: £500.00 Per Year
Maintenance Company: Home Group
Entrance hall with coat and shoe storage space. A wall mounted intercom phone. Fuse box
From the entrance hall there is a fire-door to a spacious West facing room with 2 double glazed windows with views over Fallbarrow Park to the right & Bowness Bay to the left. Gets the sun from early afternoon until sunset. Economy 7 night storage heater. 3 power points & phone & internet portal. This property has a Sky dish and there is a TV connection point. There is a separate fire-door leading to the kitchen.
Fully fitted kitchen units and part tiled wall. Plumbing for washing machine. Inset stainless steel sink unit. Xpelair extractor fan. Unidaire wall mounted heater. Further space for free standing cooker, washing machine, fridge & freezer.
Very spacious double bedroom with 2 double glazed windows. 2 double power sockets. Gets the morning sun.
White three piece suite comprising of bath with recently fitted overhead electric shower, pedestal wash basin & WC. Part tiled walls and laminate flooring. There is a a door to a storage cupboard housing an off peak immersion heater and plenty of shelving for towels and linen.
Large lockable store room on the ground floor with heating, lighting, ventilation and power. Ideal for bike storage or additional utilities.
Local Area (within 1 kilometre)
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These particulars do not constitute, nor constitute any part of, an offer or contract. All statements contained in these particulars as to this property are made without responsibility on the part of Housesimple.co.uk or the vendors or lessors. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. Any intending purchasers or lessees must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
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Based on 1% average high street estate agency fee and our No Sale No Fee package value. figures correct as of 20/09/17.