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SOLD STC

North Grove, Wells, Somerset, BA5

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

  • Spacious ground floor apartment for the over 55's
  • 70% leasehold scheme for the elderly (eligibility criteria and restrictions apply)
  • Purpose-built development with lift to all floors
  • Secure entry-phone system
  • Bright dual aspect sitting room
  • Fitted kitchen with space for appliances
  • Two well-proportioned bedrooms
  • Double glazing and electric heating
  • Residents' parking
  • Attractive communal gardens and courtyard areas

Description

A spacious ground floor apartment available under a Leasehold Scheme for the Elderly (LSE), with the opportunity to purchase a 70% share of the market value. The scheme is available to purchasers aged 55 and over who do not own another property, with all applicants subject to the housing association's eligibility criteria and approval.

Situated within a well-maintained purpose-built development for the over 55s, this spacious ground floor apartment offers comfortable, low-maintenance living in a convenient setting. The development benefits from a lift to all floors, secure entry phone system, residents' parking, and attractive communal gardens and courtyard areas.

The quoted price represents a 70% shared equity purchase. Any prospective purchaser will be required to meet the housing association's eligibility criteria, and relevant restrictions will apply.

The apartment is accessed via a well-presented communal hallway with lift access. A private entrance door opens into a hallway featuring a useful walk-in storage cupboard and a separate airing cupboard.

The bright and generously proportioned sitting room enjoys a dual aspect, creating a light and airy living space. The adjoining kitchen overlooks the eastern aspect and is fitted with a range of wall and base units, with space for a fridge/freezer and plumbing for a washing machine.

There are two well-proportioned bedrooms, together with a bathroom completing the accommodation.

Further benefits include double glazing throughout and electric heating.

AGENTS NOTE: Live West have advised that a new 60 year lease will be granted.
The service charge is currently £178.10 per month and will remain the same until 30th September 2026.

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
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Residents
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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North Grove, Wells, Somerset, BA5

Approximate location

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Affordability

Monthly repayments£474
Property: £ 94,500
Deposit: £ 9,450
Interest rate: 5.33%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Andrews Estate Agents, Midsomer Norton

74-76 High Street, Midsomer Norton, Radstock, BA3 2DG

About Us

With roots dating back to 1946, Andrews has evolved into a prominent property specialist in Southern England. Boasting 44 sales and lettings branches, our growth is underpinned by a robust network of sales, lettings, and mortgage advisors based in Bath, Bristol, Gloucestershire, Kent, London, Oxfordshire and Surrey.

What sets us apart is our unique ownership structure. We're 100% owned by a charitable trust, so giving back and helping out communities in need is a huge part of Andrews. A large slice of our profits goes to causes that tackle big issues in our communities and overseas, like education, employment and shelter.

Since 1994 we've contributed over £10 million to fund social and innovative charitable enterprises. Stepping into our eighth decade in business it continues to be an integral part of our company identity and ideals.

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Disclaimer - Property reference MNS260066. 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 Andrews Estate Agents, Midsomer Norton. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.