Hunting Gate, Colchester CO1

Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 1

Agent: Homewise - Tendering District, Essex Phone: 01903 929964

OVER 60s can secure this property with a HOME FOR LIFE from HOMEWISE<br/><br/>Through the Home for Life Plan from Homewise, those AGED 60 OR OVER can purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value.<br/>OVER 60s customers typically save between from 20% To 50%*.<br/><br/>Home for Life Plan guide price for OVERS 60s: The Lifetime Lease price for this property is £93,750 based on an average saving of 33%.<br/><br/>Market Value Price: £140,000<br/><br/>The price <strong>you pay will vary according to your age, personal circumstances and requirements</strong> and will be adjusted to include any percentage of the property you wish to safeguard. The plan allows customers to purchase a share of the property value (UP TO 50%) to safeguard for the future.<br/><br/>For an indication of what you could save, please use our CALCULATOR on the HOMEWISE website.<br/>Please CALL for more information or a PERSONALISED QUOTE.<br/>Please note: Homewise DO NOT own this property and it is not exclusively for sale for the over-60s.<br/>It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease. <br/><strong>If you are not OVER 60 or would like to purchase the property at the full market value of £140,000, please contact the estate agent Lamb & Co.</strong><br/><br/>PROPERTY DESCRIPTION<br/>Situated within the popular Hunting Gate development in Colchester, this well-positioned second-floor flat offers comfortable living in a convenient location. The property benefits from access to a communal garden and off-road parking, making it an ideal choice for first-time buyers or investors.<br/><br/><b>Opening Paragraph</b> - Accommodation comprises with approximate room sizes as follows:<br/><br/>Entrance door to:<br/><br/><b>Entrance Hallway</b> - <br/><br/><b>Bedroom One</b> - 3.23m x 3.05m (10'7 x 10'0) - <br/><br/><b>Lounge/Diner</b> - 4.95m x 3.35m (16'3 x 11'0) - <br/><br/><b>Kitchen</b> - 3.20m x 2.24m (10'6 x 7'4) - <br/><br/><b>Bathroom</b> - 2.44m x 2.26m (8'0 x 7'5) - <br/><br/><b>Outside</b> - <br/><br/><b>Material Information</b> - Council Tax Band: A<br/>Heating: Electric<br/>Services: <br/>Mains electricity - Yes<br/>Mains gas - N/A<br/>Mains water - Yes<br/>Mains drainage - Yes<br/>Other -<br/>Broadband: Ultrafast<br/>Mobile Coverage: <br/>O2 - 77%<br/>EE - 84%<br/>Three - 80%<br/>Vodafone - 80%<br/>Construction: Conventional <br/>Restrictions: N/A<br/>Rights & Easements: N/A<br/>Flood Risk: <br/>Rivers & Sea - Very Low<br/>Surface Water - Very Low<br/>Additional Charges: N/A<br/>Seller's Position: Needs To Find<br/>Garden Facing: N/A<br/>Non-Standard Features to note: N/A<br/><br/><b>Leasehold Information</b> - Lease Term Remaining: 87<br/>Ground Rent: ?60 PA<br/>Ground Rent Review Period:<br/>Service Charge: ?1,400 Approx PA<br/><br/><b>Agents Note Sales</b> - PLEASE NOTE - Although we have not tested any of the Gas/Electrical Fixtures & Fittings, we understand them to be in good working order, however it is up to any interested party to satisfy themselves of their condition before entering into any Legal Contract.<br/><br/><b>Aml</b> - ANTI-MONEY LAUNDERING REGULATIONS 2017 - In order to comply with regulations, prospective purchasers will be asked to produce photographic identification and proof of residence documentation once entering into negotiations for a property.<br/><br/>The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.