Low Mill, Mill Fold, Addingham, LS29
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Key features
- TWO BEDROOMS
- FIRST FLOOR APARTMENT WITH LIFT
- SOUGHT AFTER AREA
- WLL PROPORTIONED
- ALLOCATED PARKING
- EPC C
- COUNCIL TAX BAND C
- SHARED OWNERSHIP
- MUST QUALIFY TO PURCHASE
Description
This is a discount for sale property. Discount for sale is an affordable home ownership scheme where 100% of the property is purchased at a discounted rate – in this case the purchaser pays 56.15% of the open market value. The purchaser(s) would be considered as 100% owner(s) and therefore no rent is payable to Home Group and staircasing is not applicable. The discount is locked into the property and is always passed on to future buyers. Discount for sale is different to shared ownership and shared equity schemes.
The 100% market value is £205,000 and therefore the sales price is £115,107.50. The sale price is non-negotiable.
Addingham is a much sought after village which benefits from a selection of shops, pubs, a post office and regular bus services to the surrounding area including the beautiful Bolton Abbey estate and thriving Ilkley town centre. Ilkley is located approximately 3 miles away and has a wide range of first class amenities including supermarkets, shops, restaurants, bars and regular rail links to the commercial centres of Leeds and Bradford.
Agents Notes - TENURE Leasehold for a term of 125 years from1st January 2005. (107 years remaining) We are advised that the current ground rent is £284.00 per year.
SERVICE CHARGE We are advised that a service charge of £134 per month is collected in respect of the running of the management company and maintenance of the building and surrounding areas. A further charge of £15 per month is collected in respect of the maintenance of the communal meadow. Buildings insurance is made by way of a separate payment on an annual basis, which for the current year amounted to £606 (single payment).
It is advised that the purchaser checks these figures with a solicitor before proceeding with the purchase..
DISCOUNT FOR SALE SCHEME The property is offered for sale under the Discount for Sale Scheme with the purchaser acquiring a 56.15% equity share. No rental payment is made in respect of the balance of the equity. Purchasers must meet certain criteria to be eligible under the Discount for Sale Scheme. Please ask agent for further details.
Brochures
Low Mill, Mill Fold, Addingham, LS29Tenure: 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.
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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.
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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.
107 years left
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: C
Low Mill, Mill Fold, Addingham, LS29
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Ilkley Station2.0 miles
- Ben Rhydding Station2.8 miles
- Steeton & Silsden Station4.3 miles
About the agent
Hunters started in 1992, founded on the firm principles of excellent customer service, pro-activity and achieving the best possible results for our customers. These principles still stand firm and we are today one of the UK?s leading estate agents with over 180 branches throughout the country. Our ambition is to become the UK?s favourite estate agent and by keeping the customer at the very heart of our business, we firmly believe we can achieve this.
WHAT MAKES US DIFFERENT TO OTHER AGE
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 32857707. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hunters, Otley & Ilkley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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