1 bedroom apartment for sale
Molesworth Court, PL27 7QW
Share percentage 100%, full price £73,500, £7 Min Deposit.
Share percentage 100%, full price £73,500, £7 Min Deposit
Monthly Cost: £659
Service charge £229,
Mortgage £430*
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 1 bedroom Second Floor Flat in Wadebridge through the Leasehold Scheme for the Elderly (LSE) Over 60's only.
Description
Full Market Value: £105,000
Subsidy: 30%
Offered at Subsidised price of £73,500
Monthly Service Charge: £229.48
Please email sales@westwardhousing.org.uk to arrange a viewing.
16 Molesworth Court, Wadebridge, PL27 7QW – is situated on the second floor of the main building which can be accessed by a lift.
Front entrance hall with modern Dimplex night storage heater, large cupboard with shelving and housing factory lagged hot water cylinder with fitted electric emersion heater. Electric consumer unit, water meter and stopcock.
Lounge with Dimplex night storage heater, fitted carpets and views over rear garden - open plan leading to kitchen with a range of fitted units including single drainer stainless steel sink, electric oven and ceramic hob with filter hood over. Plumbing for washing machine. Vinyl flooring and Extractor fan.
Bedroom with built in mirror fronted wardrobe cupboard and night storage heater. Views over rear garden.
Shower room with walk in tiled shower cubicle with electric ‘Mira Sport’ shower. Low flush WC. Wash basin with cupboard under, Mirror fronted medicine cabinet, extractor fan and electric heated towel rail. Vinyl floor covering.
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.
Key Features
Full market valuation £105,000 - 30% subsidy it is offered for sale at £73,500.
The current service/support charge is £229.48 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 fitted carpets, and modern Dimplex night storage heater.
- Kitchen with a range of fitted units, including single drainer bowl sink, electric oven and ceramic hob with filter hood over. Plumbing for washing machine, vinyl flooring and extractor fan.
- Bedroom with built in mirror fronted wardrobe cupboard and night storage heater. Views over rear garden.
- Shower room with walk in tiled shower cubicle with electric ‘Mira Sport’ shower. Low flush WC. Wash basin with cupboard under, Mirror fronted medicine cabinet, extractor fan and electric heated towel rail. Vinyl floor covering.
- 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:
Furnished: Unfurnished
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
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
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 £73,500, £7 Min Deposit. Calculated using a representative rate of 5.00%
