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Colwell Road, Freshwater, Isle of Wight

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Over 55s Development
  • Two Double Bedrooms
  • Beautifully Presented Apartment
  • Communal Lounge & Dining Areas
  • 24 On-Site Wellbeing Team
  • Shared Ownership - 75% Share (No Rent Payable)

Description

75% SHARE - NO RENT PAYABLE.
A well presented apartment within this recently built 'over 55s' residential building. The apartments are designed for independent/assisted living and to be able to create a comfortable home. The bright living area is open plan with a kitchen. There are two good sized bedrooms and a wet room which is accessed from either the hallway or directly from the main bedroom. Price advertised is for the 75% share of this shared ownership apartment. The property is offered to the market with no onward chain and is ready to move into straight away.

All apartments are built and equipped with emergency pull cord, connected to 24 hours a day staff on site who can respond in a serious emergency. The building boasts, communal and care facilities as well as a communal lounge, sensory garden, shop, hair salon, guest suites, laundry room, assisted bathrooms & mobility scooter charging area. Optional social activities and meals are also available.

Tenure

Leasehold - 125 years from new.

Council Tax

Band B

Notes

75% shared ownership basis with no additional rental payment. Shared ownership is subject to certain qualification and conditions, please enquire for further details. All shared ownership apartments with a dedicated Wellbeing Service. The Service & Amenity Charges, Buildings Insurance & Sinking Fund amounts to circa £85.97 per week. The Wellbeing Service at £53 per person/per week. Wellbeing Service - Support by a dedicated team based within the building who are there to help people feel settled, supported and safe. Care and housing professionals will help residents to maintain independence in their own home. The team can provide unplanned care in a crisis as well as be on hand to help with day to day activities.

NB.

Successful buyers will be required to complete online identity checks provided by Lifetime Legal. The cost of these checks is £80 inc. VAT per purchase which is paid in advance, directly to Lifetime Legal. This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.

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Particulars

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£0 per year

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£0

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

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Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: B

Colwell Road, Freshwater, Isle of Wight

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lymington Pier Station4.5 miles
  • Lymington Town Station4.8 miles
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About the agent

Hose Rhodes Dickson, Freshwater

Shirley House, Avenue Road, Freshwater, PO40 9UY

Hose Rhodes Dickson, Freshwater
About Us

  • As the Isle of Wight's leading estate agency, Hose Rhodes Dickson continue to offer 'friendly service and local knowledge' throughout our 8 branches.

    Our broad base of property expertise includes:

    Isle of Wight property sales with offices in Bembridge, Cowes, East Cowes, Freshwater, Newport, Ryde, Shanklin & Ventnor.

    Competitively priced property Surveys and Valuations by RICS Chartered Surveyors.

    Residential Lettings - renting and managing p

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