Alcester Road, Studley Shared Ownership £117,500

“Summer Moving Package” ** Viewing is highly advised ** BUY 75% SHARED OWNERSHIP AND PAY NO RENT ON THE 25% ** A Collection of Brand New One & Two Bedroom, Truly Luxurious Retirement Apartments for over 55's and built to the Highest of Standards giving a real 5 Star Hotel yet Homely Feel. Fantastic Communal Facilities to include a Residents Lounge complete with Kitchen, Large Dining Area and Comfortable Seating Area with Television. Outside is a Communal Landscaped Courtyard with Seating and Parking Spaces Available to purchase at Additional Cost to the front and rear of the complex including Electric Car Charging Points. The Apartments are all accessible via Lift & Stairs and come with Secure Entry System, Emergency Call System, Balanced Clean Air System, Electric Heating, Built In Kitchen Appliances and Ample Storage. An example of a One Bedroom Apartment (as seen in photographs) briefly comprises: Spacious Entrance Hall with Large Cupboard housing the Water Tank & Space/Plumbing for a Washing Machine, Open Plan Lounge/Dining Room with Juliette Balcony, Separate Modern Fitted Kitchen with Built In Appliances to include Oven, Hob & Fridge/Freezer, Double Bedroom with Walk In Wardrobe and Large Walk In Shower Room. The Village of Studley is a Highly Sought After Location, the complex is very central to All Local Amenities including Salons, Doctors, Grocery Stores, Cafes, Fitness Centre and much more. Leasehold Apartments 999 years and NO GROUND RENT CHARGE. One Bedroom Apartment Charges: Current Annual Service Charge £3,977.24 divided into twelve monthly payments. Two Bedroom Apartment Charges: Current Annual Service Charge £5,965.86 divided into twelve monthly payments. ** PLEASE NOTE ** There is also an option to buy on a shared ownership scheme, please enquire to find out more ** 50% Example purchase £112,500 and rent per month £258.00. 75% Example purchase £168,750 and no rent to pay on the 25%. Contingency Fund: On resale or on letting of the apartment, a 1% of the gross sale price or open market value is payable by way of a contribution to the contingency fund, which is held on behalf of the homeowner towards longer term repairs and replacement costs. Whilst Lamberts try to ensure accuracy when marketing a property, we cannot guarantee 100% and errors may occur from time to time. The information supplied is approved by the seller to the best of their knowledge. Floorplans and measurements are approximate and are for guidance only. Photographs are for illustrative purposes only and items within these images are not included in the sale unless specifically mentioned. All items that may be included are not tested by ourselves the selling agent, this includes central heating systems and integrated kitchen appliances. Purchasers are encouraged to do their own research/inspection to ensure they are satisfied as we cannot be liable for any losses that could arise. Lamberts are not surveyors or conveyancers and any legal issues should be discussed with a professional.