Mulberry House, 2 Canon Woods Close, Sherborne, Dorset, DT9 6FH

Material Information applicable in all circumstances

Material Information In compliance with the Digital Markets, Competition and Consumers Act 2024

· Council Tax Band - D
· Asking Price - £170,000 Guide Price (50% Shared Ownership)
· Tenure - Leasehold - 8th November 2022 up to & including 1st November 2146.
- Service Charge - £4790.32 per annum
- 50% Rent Share - £608.26 per month
Stamp Duty Land Tax (SDLT) - may be payable to HMRC in addition to the purchase price, depending on the purchaser’s circumstances – please visit HMRC’s SDLT Calculator
Other Fees/Disbursements payable - Conveyancers will charge legal fees together with other costs, which could include fees for Land Registration, Telegraphic Transfer, Anti-Money Laundering, various Searches, completion of SDLT return, and lenders’ transaction fees (non-exhaustive list) – please seek confirmation from your Conveyancer prior to a commitment to purchase

Accommodation Comprises

Secure Intercom Entry communal doors in to the communal reception area, further secure coded entry doors provide access to the corridor's & two lifts that are available to the first floor. Flat front door to the Entrance Hall.

Entrance Hall

Two built in storage cupboards, one of which has plumbing in place for the washing machine. Underfloor electric heating. Doors to the Kitchen, both Bedrooms & the Bathroom.

Kitchen

4.52m x 2.34m

14'10" x 7'8"

Comprising inset stainless steel 1 1/2 bowl sink unit with mixer tap, splashback and rolltop worksurface with cupboards & drawers below. Built in oven & hob, extractor above. Built in microwave. Integrated slimline dishwasher. Integrated fridge/freezer. Wall mounted cupboard. Underfloor electric heating. Tiled floor. Inset ceiling spotlights. UPVC double glazed window, side aspect. Open plan in to the Lounge area.

Lounge

4.9m x 3.48m

16'1" x 11'5"

TV point. Phone point. Inset ceiling spotlights. Underfloor electric heating. Three UPVC double glazed windows, front & side aspects with outlooks. UPVC double glazed door to the balcony.

Bedroom One

4.75m x 4.17m

15'7" x 13'8"

Built in triple fronted wardrobe. Dimmer switch. Underfloor electric heating. UPVC double glazed window, front aspect with outlook.

En-Suite Shower Room

2.36m x 1.8m

7'9" x 5'11"

Modern white suite comprising a walk in triple width shower with wall mounted shower, oversized head and tiled surround. Wall mounted vanity sink unit. Low flush WC. Heated towel rail. Extractor fan. Underfloor electric heating. Inset ceiling spotlights. Fully tiled walls. Tiled floor.

Bedroom Two

4.78m x 3.25m

15'8" x 10'8"

Dimmer switch. Underfloor electric heating. UPVC double glazed window, front aspect with outlook.

Bathroom

2.34m x 1.98m

7'8" x 6'6"

White suite comprising bath with tiled surround. Coupled wash basin & low flush WC. Heated towel rail. Extractor fan. Tiled floor. Underfloor electric heating.

Material Information to assist making informed decisions

· Property Type - 2 Bedroom First Floor Apartment
· Property Construction - Purpose Built
· Number And Types Of Rooms - See Details and Plan, all measurements being maximum dimensions provided between internal walls.
· Electricity Supply - Mains
· Water Supply - Mains, billed by First Port.
· Sewerage - Mains, billed by First Port.
· Heating - Electric underfloor heating.
· Broadband - Please refer to Ofcom website.
· Mobile Signal/Coverage - Please refer to Ofcom website.
· Parking - Underground Parking Bay available at a cost of £550 per annum.

Material Information that may or may not apply

· 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.
Restricted Covenants include; To use the Premises as a private residence in occupation by a single household only. Not to keep any animal or bird on the Premises without prior written consent of the Landlord, which consent may be revoked at any time. No assignment/underletting/charge/mortgage/parting possession of PART ONLY of the premises. Assignment/underletting/parting possession of the WHOLE of the premises could be permitted following prior written consent of the Landlord, and following a 4 week Nomination Period during which the Landlord has the right to find a purchaser.

Material Information that may or may not apply continued

Restricted Covenants include; In the case of mortgaging/charging the Whole, suitable notice needs to be provided to the Landlord (inc. details regarding Lender and amount of advance), and no further advances or borrowings may be taken out without the prior written consent of the Landlord.

Material Information that may or may not apply continued

Restricted Covenants include; We believe that the Lease contains a penalty clause in the event of Assignment of the Whole premises, which could currently amount to 25% of the 100% Market Value, but the Landlord may not require this:-
(a) When the lease is assigned both:
(i) To a person nominated by the Landlord within a period of 4 weeks from the receipt by the landlord of notice from the leaseholder to the effect that the Leaseholder wishes to assign their interest in the premises (Nomination Period); AND
(ii) At a price no greater than the Acquired Percentage
OR
(b) If the Landlord fails within the nominated period to make any nomination OR the landlord’s nominee fails to enter into a binding contract
OR
(c) When the lease is surrendered.

WE RECOMMEND THAT YOU TAKE LEGAL ADVICE REGARDING THE WHOLE LEASE, BUT IN PARTICULAR THIS ASSUMED PENALTY CLAUSE, BEFORE COMMITTING TO A PURCHASE.

Exclusions include disposal under a will or intestacy, or under certain specified Fami…

Material Information that may or may not apply continued

Restricted Covenants include;- Management Fee - Disposal Fee, 2% of the 100% Market Value up to the first 12 months of ownership, increasing by a further 2% for each year passing, up to a maximum of 10%; PLUS reasonable Landlord costs, administration fee and expenses / costs / claims / damage / losses etc. Requirement to observe covenants in a superior lease, please take legal advice. *More covenants in place refer to your solicitor.

Material Information that may or may not apply continued

· Rights and Easements - We’re not aware of any significant/material rights, but we’d recommend you review the Title/deeds of the property with your solicitor.
· Current 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 as year as between 0.1% and 1%). For detailed checks please visit the ‘Long Term Flood Risk’ on the government website.
· Coastal Erosion Risk - N/A
· Planning Permission - There are various future developments on the other side of the A30 in the pipeline, solicitors to do their normal searches and advise/report accordingly.
· Accessibility/ Adaptations - N/A
· Coalfield Or Mining Area - N/A

· Energy Performance Certificate (EPC Rating) - B

Other Disclosures

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 11/12/2025. 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.