£310,000
1 bed flat for salePalace Road, Ripon, North Yorkshire HG4
1 bed
1 bath
EPC Rating: B
- Retirement
- Leasehold
Linley & Simpson - Ripon
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About this property
The red house retirement village
A well-presented one-bedroom first floor apartment, covering 59.8 sqm (644 sqft). Situated in the Richmond building.
A well-presented one-bedroom first floor apartment, covering 59.8 sqm (644 sqft). Situated in the Richmond building, the property has been decorated to a high standard. Residents benefit from communal amenities, including a reception hall, lounge and bar, restaurant, library, hair and beauty salon, treatment room, hobbies room, and gym. The apartment retains original features such as large windows and high ceilings, with access to landscaped communal gardens. This apartment is also available to rent atl £3000 per month.
The front door opens to an entrance hall with a built-in storage cupboard, leading to the lounge and kitchen/diner, with a juliette balcony. The kitchen is equipped with Zanussi appliances, including an integrated fridge/freezer, microwave, electric cooker, electric hob, extractor fan, dishwasher, and washer/dryer. One double bedroom, wet room features underfloor heating, a heated towel rail, a demisting mirror, and a shower with both a fixed and adjustable head. The property is fully carpeted and comes with fitted curtains and blinds.
A service charge, currently £947.85 per month/£11,374.20 per annum, is payable. This covers external buildings and maintenance, external cleaning of apartment windows, buildings insurance, refuse collection, all communal area maintenance, reserve fund, management fee, daily concierge service, garden and grounds maintenance, 24-hour on-site staffing, 1.5 hour’s domestic help a week.
A ground rent of £606.12 per annum is currently payable to erl (Red House Ripon) Limited on all properties for which the original leases were granted before 01 April 2023.
In addition, ground rent is payable in advance on 01 October each year and reviewed every five years in line with the Consumer Price index. The next review will be 01 January 2028.
Charges when leaving or selling the property
A Deferred Development Payment of 6%, 8% or 10% of the selling price (occupancy of up to 1 year, 1 to 2 years and over 2 years respectively) is payable when leaving or selling the property. A Sales Administration Fee of 1.5% of the selling price, plus VAT, is also payable. Further information is
available from the Sales Team or the website,
council tax band: B
EPC: B
The property benefits from 10-year crl Build Cover from 01/04/2018. The crl paperwork will be provided by the vendor, but a copy of the crl’s guide to this cover is available upon request.
Viewing by appointment only
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More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
B
Ground rent
Ground rent date of next review