1 bedroom retirement property for sale

Tenure: Leasehold, 979 years remaining

An opportunity to purchase a retirement apartment with a Part time scheme manager and 24 hour emergency control. Situated within the centre of the town of Menai Bridge and having the advantage of a communal lounge and launderette No 29 is situated on the second floor with lift or stairway available . The accommodation comprises hallway, airing/storage cupboard, lounge, bedroom, kitchen and bathroom with the benefit of double glazing and economy 7 heating. There is a shared garden to the front and a residents car park to the rear. Menai Bridge is situated on the banks of the Menai Strait with its beautiful scenery and walks. The town has an excellent variety of local shops, a super market, restaurants, public house, a doctors surgery, churches and chapels. The apartments are located next to the local bus depot and public library.



TENURE: We are advised by the vendor that the tenure is leasehold – 999 years from 1991.

SERVICE CHARGE: Llys Menai is managed by Clwyd Alyn Housing Association Ltd. Flats are disposed of through assignment of the Lease by the current Lessee or their personal representatives and it should be noted that any potential purchaser will need to satisfy the Association’s requirements and conditions and must complete an application form, the main ones being as follows: a) occupants have to be of retirement age (over 55) and be capable of living independently. b) the flat must be owner occupied and not be sub-let. c) the occupier will be responsible for paying the monthly service charge which, we understand for 2012/13 is £99.18 per month. A schedule of the items which this covers can be seen on request. d) the owner will also be responsible for paying the Deferred Service Charge paid on disposal of the flat (1% of the original purchase price at the time of disposal per year of residence). e) the day to day service charge is payable even when an apartment is unoccupied. The Association requires a copy of the Memorandum of Sale once a buyer has been found and a Completion Statement on completion of sale.