2 bedroom apartment for sale
Molesworth Court, PL27 7QW
Share percentage 100%, full price £84,000, £8 Min Deposit.
Share percentage 100%, full price £84,000, £8 Min Deposit
Monthly Cost: £723
Service charge £232,
Mortgage £491*
Calculated using a representative rate of 5.00%
Calculate estimated monthly costs
Over 60's Only Leasehold Scheme for the Elderly (LSE) property
Summary
Westward offer this 2-bedroom Second Floor Flat in Wadebridge through the Leasehold Scheme for the Elderly (LSE) Over 60's only.
Description
Westward offer this 2-bedroom Second Floor Flat in Wadebridge through the Leasehold Scheme for the Elderly (LSE) Over 60's only.
Full Market Value: £120,000
Subsidy: 30%
Offered at Subsidised price of £84,000
Monthly Service Charge: £232.47
Please email sales@westwardhousing.org.uk to arrange a viewing.
Key Features
20 Molesworth Court, Wadebridge, PL27 7QW – is situated on the second floor of the main building which can be accessed by a lift.
The property comprises of inner hall with vinyl floor covering and modern night storage heater. Built in cloak cupboard, and an airing cupboard electric boiler and loft access.
Lounge with vinyl floor covering, and modern night storage heater.
Kitchen with a modern range of units, including single drainer 1 ½ bowl sink with mixer tap, built in fridge/freezer and electric cooker point. Tiled splash back. Vinyl flooring and florescent strip light.
Bedroom 1 with built in triple wardrobe. Vinyl floor covering.
Bedroom 2 with fitted carpet.
Shower room with low flush WC and wash basin. Triton electric shower and curtain. Extractor fan, heated towel rail ceramic tiled walls and vinyl flooring.
Outside are attractive communal gardens and communal parking spaces.
Molesworth Court also benefits from a communal lounge, and there is a guest room available at a small nightly cost.
Full market valuation £120,000 - 30% subsidy it is offered for sale at £84,000.
The current service/support charge is £232.47 per calendar month. This amount is reviewed annually and is increased in line with inflation and to cover any future major expenditure. The next review is due on 1st July 2026.
The Property Comprises of:
- Lounge with vinyl floor covering, and modern night storage heater.
- Kitchen with a modern range of units, including single drainer 1 ½ bowl sink with mixer tap, built in fridge/freezer and electric cooker point. Tiled splash back. Vinyl flooring and florescent strip light.
- Bedroom 1 with built in triple wardrobe. Vinyl floor covering.
- Bedroom 2 with fitted carpet.
- Shower room with low flush WC and wash basin. Triton electric shower and curtain. Extractor fan, heated towel rail ceramic tiled walls and vinyl flooring.
- Outside are attractive communal gardens and communal parking spaces.
- Internal Communal Lift.
Particulars
Tenure: Leasehold
Lease Length: 60 years
Council Tax Band: Not specified
Map
Material Information
Total rooms: 5
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Communal
Outside Space/Garden: Yes - Communal Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Communal lift: Yes
Accessible measures: Yes - Lift access
Listed property: No
Heating: Electric
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: Enquire with provider
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 100%, full price £84,000, £8 Min Deposit. Calculated using a representative rate of 5.00%
