£180,000
1 bed flat for saleLotus House, Elm Road, Shirley B90
1 bed
1 bath
1 reception
EPC Rating: C
- Shared ownership
- Leasehold
Drakes Estate Agents
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About this property
A Well Maintained Second Floor Apartment
One Double Bedroom
Open Plan Living/Dining Kitchen
Modern Bathroom
Juliet Balcony off the Lounge
One Allocated Parking Space
Can Also be Purchased as 50% Ownership for £90,000
Communal Grounds
Visitor Parking
The lovely second-floor apartment serves as an ideal first-time buy and is accessed via a secure intercom system. The communal hall has stairs and a lift rising to all floors. Upon entering the private reception hall, there is a large storage cupboard and doors radiating off to all of the accommodation. The lounge area of the living/dining kitchen has a Juliet balcony and the kitchen is fitted with a modern range of appliances. Being of a generous size, the double bedroom has ample room for bedroom furniture and a large floor-to-ceiling window. There is a modern bathroom fitted with a white suite and complimentary tiling. Outside, there are well-maintained grounds, one allocated parking space and additional visitor spaces.
Reception Hall
Opening Plan Living/Dining Kitchen - 7.9m x 3.45m max 2.03m min (25'11" x 11'4" max 6'8'' min)
Bedroom - 5.28m x 2.72m (17'4" x 8'11") max
Bathroom - 2.06m x 1.68m (6'9" x 5'6")
EPC Rating C
Council Tax Band B
The vendor advises that the property is Leasehold with approximately 144 years remaining on the lease, a service charge payable of approximately £1560 per annum and a ground rent payable of £300 per annum. On the 50% shared ownership basis there is a monthly rent made payable to the housing association (Heylo Housing) of £302.90 (inclusive on monthly service charge). The monthly rent we believe is subject to an annual review each April in line with rpi. Drakes Estate Agents will not be held responsible should this information be incorrect and we request that your conveyancing solicitor verifies this throughout the conveyancing procedure.
The information provided by Drakes Estate Agents do not constitute part or all of an offer or contract, the measurements are supplied for guidance only and as such must be considered incorrect, we have not tested any appliances, fittings, services or equipment or and we ask all potential buyers to check the working of any appliances and the measurements before committing to any expenses. For Money Laundering purposes we will request any potential buyer at offer stage to provide proof of Identity before negotiation takes place. Drakes Estate Agents do receive a small referral fee from some Conveyancing Solicitors & Mortgage Brokers which is on a case-by-case basis, and is subject to a minimum referral fee of £50.
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
B
Ground rent
Ground rent date of next review