£160,000
1 bed flat for saleOlympic Court, Cannon Lane, Luton, Stopsley LU2
1 bed
1 bath
1 reception
EPC Rating: C
- Retirement
- Leasehold
McCarthy Stone - RESALES
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About this property
Ground floor apartment
Modern kitchen with built in appliances
Double bedroom with fitted wardrobes
House Manager
Home Owner's communal lounge
Landscaped gardens
Guest Suite
Secure door entry system
Lifts to all floors
24-hour emergency call system
Well presented ground floor retirement apartment. Spacious living room with feature fire place, modern kitchen with built in appliances, double bedroom with fitted wardrobes and a contemporary shower room completes this lovely apartment. The development offers excellent communal facilities including landscaped gardens and communal lounge where social events take place.
Olympic Court
Olympic Court has been designed and constructed by award winning McCarthy & Stone. It provides secure independent living specifically for those aged 60 years and above. The dedicated House Manager is on site, Monday to Friday to take care of the running of the development. There’s no need to worry about the burden of maintenance costs as the service charge covers the costs of all communal areas, including the homeowners lounge and laundry room, 24 hour emergency call and security systems, external maintenance, grounds maintenance, water rates and buildings insurance. For your peace of mind, the development has CCTV door entry and 24 hour emergency call systems, should you require assistance. Lifts to all floors.
The Homeowners lounge and communal gardens provide a great space to socialise with new friends and family and the Development Guest Suite with en-suite is available for your guests for only £25 per night.
Directly outside the development is a bus stop providing regular services to Luton, Stevenage And Hitchin.
Entrance Hall
Front door with spy hole leads to the entrance hall where the 24 hour emergency call and security door entry systems with intercom and smoke detectors are located. Doors to the walk-in storage cupboard with water boiler, bedroom, living room and shower room.
Living Room
Bright and spacious room with a full height double glazed window. A feature fire place offers a good focal point within the room. There are TV and telephone points (Sky/Sky+ connection points available). Fitted carpets, two light fittings, curtains. Part glazed door leads to separate kitchen.
Kitchen
Modern fitted kitchen with a range of base and wall units. Double glazed window is situated above stainless steel sink with mixer tap and drainer. Mid level built in electric oven with space above for a microwave. Ceramic hob with tiled splash back. Chrome cooker hood. Integral fridge & freezer. Ceiling spot lights and ceramic floor tiles.
Bedroom
Double bedroom with a double glazed window. Built in wardrobe featuring sliding mirrored doors. Wall mounted TV. Telephone and TV point. Fitted carpets, curtains, ceiling light.
Shower Room
A modern bathroom with a bath/shower and grab rails. WC. Vanity unit wash hand basin and fitted mirror with built in light. Shaver point, full height wall tiling and ceramic floor tiling.
Service Charge
The Service Charge Includes:
• Cleaning of communal windows
• The cost of employing your House Manager
• Water rates
• Electricity, heating, lighting and maintenance to all communal areas
• 24 hour monitored emergency call and security system
• Exterior property maintenance to all external areas
• Repairs and maintenance to the interior and exterior communal areas
• Upkeep of garden and grounds
• Contingency fund including internal and external redecoration of communal areas
• Buildings insurance
It does not include your Council Tax, apartment electricity or TV Licence. To find out more, please contact your Property Consultant or the House Manager on site.
The service charge for this property is £3,151.32 for financial year ending 31/03/2025.
Ground Rent
Ground rent: £425 per annum
Ground rent review: 1st Jan 2026
Car Parking Permit
Parking is by allocated parking space subject to availability. The fee is currently £250 per annum. Permits are available on a first come first served basis
Lease Information
125 years from the 1st Jan 2011
Additional Information & Services
• Gfast Fibre Broadband available
• Mains water and electricity
• Electric room heating
• Mains drainage
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More information
Tenure
Leasehold (111 years)
Service charge
£3,151 per year
Council tax band
B
Ground rent
£425
Ground rent date of next review
Ground rent review period
Every 15 years