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2 bedroom semi-detached bungalow for sale

Yarmouth, Isle of Wight

Withdrawn from Market £89,950

Property Description

Full description

Tenure: Leasehold

The properties are designed as occasional holiday use by the owner combined with holiday lettings managed by The West Bay Club to provide a useful income.

The property is part of a Country Club and Spa holiday complex and enjoys the benefit of a good variety of sports and leisure facilities suitable for all the family. The facilities at the West Bay Club include an indoor swimming pool, an outdoor children's paddling pool, children's outside plat area, tennis courts, squash courts, fitness suite, gymnasium for various sports activities including badminton, table tennis, volleyball, basketball and netball. Also there are various spa treatments including steam and sauna rooms and various therapeutic body treatments and massage. For full details of the extensive activities and fitness programmes available please visit the West Bay Club's website on www.westbayclub.co.uk.

Long Leasehold (125 years from about 2006). Cottage ownership - As soon as the contract completion has been made the property's holiday let bookings automatically transfers to Sykes and bookings also continue automatically. During Peak periods only, the property will need to be available for bookings at all times, save for a maximum of 2 weeks unavailability. Peak periods for 2017 are 7th April to 20th April, 26th may to 1st June, 21st July to 31st August.

Maintenance Payments are collected monthly. Approx cost £477 per month. Ground rent is an annual fee is at a rate of £319.96 incl VAT. Ground rent is reviewed every 3 years and is due for review at the end of 2017.

Maintenance charges include Council Tax, TV Licence and cottage Wi-Fi.

Services - Utilities - gas, electricity and water are reviewed annually and recharged to Owners on a quarterly basis for the periods March, June, September and December.

Sinking fund - In addition to the annual service and maintenance charges Owners are liable to contribute to a sinking fund for major works to be carried out. The sinking fund is a variable charge and can be obtained on request through West Bay's solicitors.

Indicative Revenues - Since the historical earnings information for each cottage type is subject to current Owner data protection any information pertaining to previous revenues and future earnings should be obtained by request through your solicitor. Indicative earnings based on prior year, per cottage type, are available.

Gym Membership for Friends and Relatives - In lne with the lease details for each cottage a number of named free membership passes will be provided to Owners. Each named pass will also be provided with 7 x complementary one-day guest passes to offer to friends and relatives.

Discount Ferry Bookings - Owners can book car ferries with Guest Services. Preferential rates are available and Guest Services will supply tickets to Owners based on the discounted prices. Any amendments to bookings are also managed via Guest Services. From time to time the ferry services may offer special priced tickets that are not covered within the discounted rates for West Bay. In these instances it may be beneficial to purchase direct with the ferry company.
 

EPC

VIEWINGS Strictly by appointment with the agent, Spence Willard.  

IMPORTANT NOTICE 1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value. Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos etc.: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only.
3. Regulations etc.: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct.
4. VAT: The VAT position relating to the property may change without notice.  


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
03 January 2018

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