1 bed flat for sale

Park Place, Cheltenham GL50

Beautifully Refurbished over 60's Apartment – found of the Ground Floor of this attractive period building with lovely views over the established communal gardens.

Modernisation including redecoration, new carpets, new well thought out kitchen with oven, hob and fridge, re-fitted spacious bathroom with walk-in shower, pleasant living room and double bedrooms with fitted wardrobes.

Mercian Court has a house manager, security alarm system, communal facilities include residents' lounge, laundry, gardens and parking.

Pets allowed with prior consent. Maintenance Charge c.£312 per month. Ground Rent c. £100 per annum.

Ideally situated for access to the Bath Road shopping facilities, Montpellier, The Promenade4 and Town Centre.

There is a Development Manager and a 24 hour emergency Appello call system. Also with communal lounge, a communal laundry facility, sun lounge, and a guest suite that can be booked via the Development Manager. Also with Residents' car park to the front.

We are verbally informed of the following:-

Leasehold - 99 years from 1986 - 61 years remaining
Ground Rent £96 per annum
Maintenance Charge £3,750

The current lease, we are told, allows for resident's over the age of 60 to reside as long as they are full time retired. Whilst this lease doesn't stipulate that the flat can be let out, we understand from our research the Freeholders have no issue with the properties being let.

Please get legal advice for clarification

All information subject to legal confirmation

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