Pegasus Court, South Street, Yeovil

Material Information Part A

Material Information In compliance with The Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team's Material Information in Property Listings Guidance.

Part A

· Council Tax Band - E
· Asking Price - Guide Price £150,000
· Tenure - Leasehold
· Lease length - 125 years from 1 January 2003
· Service Charge - £4595.90 p/a - 4 / 136ths of annual expenses & outgoings incurred by Managing Agent (including insurance premium)
· Ground Rent - £399 p/a, increasing £100 every 25 years (next increase to £499 p/a on 1/1/2028)

Accommodation Comprises

Flat front door to.

Reception Hall

Wall mounted electric heater. Two built in storage cupboards. Built in airing cupboard. Coved ceiling. Doors to lounge, both bedrooms and shower room.

Lounge

5.64m (18’6”) x 5.52m (18’1”)

Built in fireplace with electric fire in situ. Two wall mounted night storage heaters. TV point. Phone point. Pull cord. Two UPVC double glazed windows both front aspects. Glazed wooden door to kitchen.

Kitchen

2.91m (9’7”) x 1.98m (6’6”)

Comprising inset stainless steel single drainer, single sink unit with mixer tap, tiled surround and rolltop worksurface with cupboards & drawers below. Built in oven, hob with extractor over. Recess for washing machine (included in the sale), plumbing in place. Integrated fridge/freezer. Wall mounted cupboards. Vinyl flooring. Trail of spotlights. Coved ceiling. UPVC double glazed window, rear aspect.

Bedroom One

6.34m (20’10”) x 4.12m (13’6”)

Good range of fitted bedroom furniture. Built in double fronted cupboard. Wall mounted night storage heater. UPVC double glazed window, front aspect. Door to En-Suite Bathroom.

En-Suite Bathroom

3.00m (9’10”) x 2.58m (8’6”)

White suite comprising bath with tiled surround, wall mounted shower over. Vanity sink unit. Low flush W.C. Extractor fan. Wall mounted electric heater. Vinyl flooring. Fully tiled walls.

Bedroom Two

4.52m (14’10”) x 2.50m (8’2”)

Built in double fronted cupboard. Wall mounted electric heater. UPVC double glazed window, front aspect.

Shower Room

2.11m (6’11”) x 1.98m (6’6”)

White suite comprising shower cubicle with tiled surround and wall mounted shower. Vanity sink unit. Low flush W.C. Heated towel rail. Wall mounted electric heater. Wall mounted cupboards. Shaver point. Extractor fan.

Material Information Part B

Part B

· Property Type -2 Bedroom Top Floor Retirement Apartment
· Property Construction - Traditional
· Number And Types Of Rooms - See Details and Plan, all measurements being maximum dimensions provided between internal walls.
· Electricity Supply - Mains
· Water Supply - Mains
· Sewerage - Mains
· Heating - Electric night storage heaters, hot water tank heats the hot water
· Broadband - Please refer to Ofcom website.
· Mobile Signal/Coverage – Please refer to Ofcom website.
· Parking - Communal Parking

Material Information Part C

Part C

· Building Safety - On enquiry of Vendor, we're not aware of any Building Safety issues. However we would recommend purchaser's engage the services of a Chartered Surveyor to confirm.
· Restrictions - We'd recommend you review the Title/deeds of the property with your solicitor. Restrictions/Obligations include; Use - private residence in occupation of no more than 3 people 60 years or older. No loud noise/sound audible outside the flat between 11pm & 7am. No bird/dog or other animal without the prior consent of landlord and Managing Agent having entered into a separate agreement. No external radio/TV aerial or satellite dish. Parking of one private taxed roadworthy motor vehicle in communal parking area only is permitted on basis the vehicle is used at least once every 3 months. Keep floors covered with carpet or similar sound proofing covering.

Material Information Part C

*More covenants in place refer to your solicitor. Whole selling/subletting permitted subject to:- new occupier being 60+ yeas old, medical certificate to prove new occupier(s) can meet lease obligations. Transfer Fee of 2% + VAT of gross proceeds (or market value if higher) payable 50/50 to landlord & management agent. Produce certified copy of every permitted transfer of lease, within 1 month, and pay reasonable fee.

Material Information Part C Continued

· Rights and Easements - Rights of way over/through communal areas (external & internal).
· Flood Risk - According to the Environment Agency's website, the property is in an area at a VERY LOW RISK from River/Sea (defined as the chance of flooding each year as less than 0.1%) and LOW RISK from Surface Water Flooding (defined as the chance of flooding each year as between 0.1% and 1%)
· Coastal Erosion Risk - N/A
· Planning Permission - No records on the Local Authority's website directly affecting the subject property.
· Accessibility/ Adaptations - Communal Lift/Stair lift available for step free access
· Coalfield Or Mining Area - N/A

Energy Performance Certificate (EPC Rating ) - C

Other Discloures

No other Material disclosures have been made by the Vendor.

This Material Information has been compiled in good faith using the resources readily available online and by enquiry of the vendor, on the 15/04/2024. However, such information could change after compilation of the data, so Laceys cannot be held liable for any changes post compilation or any accidental errors or omissions. Furthermore, Laceys are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed. If any information provided, or other matter relating to the property, is of particular importance to you please do seek verification from a legal adviser before committing to expenditure.