Property Details: - Type: Retirement property - Bedrooms: 1 - Bathrooms: 1
Agent: Nick Griffith Estate Agents - Cheltenham Phone: 01242 393856
<p>A super first floor, double bedroom apartment, situated within this prestigious development for the over 65s. This modern apartment is located within the Montpellier district of Cheltenham, close to the town centre with all its excellent amenities, and offers stylish, contemporary living throughout. The accommodation includes a reception hall; living/dining room with door leading to the east facing, glazed balcony; an attractive, well equipped kitchen with quality integrated appliances and worktop space; a double bedroom with built-in double wardrobe and a door leading to the four piece 'Jack & Jill' shower/bathroom. Externally, there are beautiful, manicured communal grounds. New Court offers two stunning aspects; a beautifully restored Grade II former manor house featuring a bar, restaurant, library, and wellbeing suite exclusively for homeowners; and there's the modern rear wing which houses the apartments. Residents can also rely on the 24 hour concierge service for comfort.<br/><br/><strong>Fee payable upon sale</strong> A fee is payable upon the future sale of the property. This is calculated at 0.6% of the original purchase price for each year of ownership, up to a maximum of 9% after 15 years. For example, if the owner lived in the apartment for 4 years, the fee would be 2.4%. This fee goes directly into the New Court Homeowner Account and is used for the long-term lifecycle and upkeep of New Court.</p><p>A premier central location in the heart of Montpellier, yards from the fashionable bars, restaurants, boutiques, and parks. Cheltenham is a vibrant Regency town, renowned for its elegant architecture and world class horse racing at Prestbury Park Racecourse. The town also hosts a celebrated programme of music, jazz, science, and literature festivals throughout the year.<br/><br/> <strong>Further Information: </strong><br/><strong>Lease</strong> 125 years from 2016. <br/><strong>Service Charge</strong> £741.70 per month (reviewed annually). <br/><strong>Ground Rent</strong> £500 per annum. <br/><strong>Freeholder & Management Company</strong> Sanctuary Housing Association.<br/><strong>Local Authority</strong> Cheltenham Borough Council. <br/><strong>Tax Band</strong> C. <br/><strong>Electricity</strong> Mains. <strong>Water</strong> Mains. <strong>Sewerage</strong> Mains. <br/><strong>Heating</strong> Gas Central & Underfloor Heating. <br/><strong>Broadband</strong> Connected to New Court (access via Wi-fi).<br/>Purchasers should carry out their own investigations regarding the suitability of these services.</p>
