Sold STC

1 bed flat for sale in Tildesley Close, Penkridge, ST19

Part Buy, Part Rent

1
1
1
699.65 sq ft (65 sq m)
33421.96 sq ft

Key features

  • Superb Over 55's Retirement Apartment
  • 75% Shared Ownership Basis
  • Superb One Bedroom Apartment With A Balcony
  • Modern Kitchen & Wet Room Shower
  • Excellent Facilities Available To Residents
  • Sought After Village Of Penkridge
  • Application & Eligibility Checks Requred

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Designed specially for the Over 55’s, Pencric is that perfect residential development where you’ll have plenty of company yet still have your own front door meaning there will never be an issue with you having your own space too. Having lots of facilities on-site including a Lounge/Bar, Restaurant, Fitness Suite/Games Room and hairdressing salon to name a few, you’ll have plenty to keep you occupied. This delightful one bedroom shared ownership apartment (for 75% Share) offers good sized living accommodation which includes a lounge/diner also having a door to balcony, perfect for morning coffee. A modern fitted separate kitchen, the bedroom is very spacious and the wet room is well fitted out. A guest room is also available for visitors/family relatives and the development also has a 24hour call system. Heating and water rates included in service charge. Pets may be considered.

Communal Entrance HallHaving the reassurance of intercom access, two communal reception areas and hallways with stairs and lift to the second floor.

HallwayA bright & inviting entrance hallway, having two useful built-in storage cupboards, and internal doors off, to;

Living RoomA spacious & light reception room having a double glazed window to the side elevation, and a double glazed window and door to feature balcony with decked base & railings to the surround

Modern KitchenFitted with a modern & contemporary style range of wall, base & drawer units with work surfaces over, and incorporating an inset sink with drainer & chrome mixer tap. Appliances include; halogen hob with stainless steel extractor hood over, fitted electric oven/grill, and spaces to accommodate further kitchen appliances

BedroomA bright and spacious double bedroom, having a double glazed window to the rear elevation.

Wet RoomFitted with a modern white suite comprising of a low-level WC, a contemporary style bowl sink with chrome mixer tap, and a fully tiled open shower area housing a mains fed shower. In addition, there is tiling to the walls & floor, inset ceiling spotlighting, a chrome towel radiator, and a wall mounted mirrored cabinet.

Additional InformationLiving at Pencric ensures security and gives peace of mind because there is always someone at the end of a call button. It also provides a social life and "health and wellbeing" through gym membership, social areas, restaurant and bar, roof terrace and gardens. No more problems of running your own property, calling in gardeners, window cleaners etc.

Eligibility CriteriaThe retirement apartment at Pencric is administered by Severn Homes and any purchaser must be able to meet the following eligibility criteria: You must be at least 55 years of age. You must have a sale agreed on your own property. You will need to be approved by the Homes Plus approved financial broker in order to purchase within this shared ownership scheme. You will need to provide Homes Plus with your ID and all financial information before being accepted into the scheme, as a maximum earnings limit is applicable.

Tenure/Shared OwnershipThe property is leasehold and the purchase price represents 75% share. There is no rent payable on the remaining share retained by Housing Plus. There are additional ground rent and service charges applicable on a monthly basis currently £616.01 PCM. The property is leasehold which commenced in 2014 for a term of 99 years.

Anti-Money Laundering & ID ChecksOnce an offer is accepted on a property marketed by Dourish & Day estate agents we are required to complete ID verification checks on all buyers and to apply ongoing monitoring until the transaction ends. Whilst this is the responsibility of Dourish & Day we may use the services of MoveButler or Guild365, to verify Clients’ identity. This is not a credit check and therefore will have no effect on your credit history. You agree for us to complete these checks, and the cost of these checks is £45.00 inc. VAT per buyer. This is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.

Key Information Documents1) Additional information is available in the Key Information Document 3, To view KID3 this click this link. https://www.severnhomes.co.uk/wp-content/uploads/KID3.-Key-Information-Document-3-. 2) A financial assessment is required for those requiring a mortgage and cash purchasers. 3) Key Information Document 1, To view KID3 this click this link. https://www.severnhomes.co.uk/wp-content/uploads/KID1.-Key-Information-Document-1- 4) Remember, failure to pay your rent, service charge, or mortgage could mean your home is at risk of repossession. Severn Homes is part of the Homes Plus Group.

Local Area ConnectionPriority Order Applicants for shared ownership must meet local connection criteria, listed in priority as follows: Any parish within the South Staffordshire District.

Communal Garden
Superbly maintained communal gardens surround the complex with various seating areas and within a 5 minute walk to Penkridge High Street.

Off Street
Communal and residents only parking areas.

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Based on a sale price of £97,500 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Autumn Budget on 30th October 2024 for April 1st 2025 onwards.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Further details

  • Status: Sold STC
  • Size: 699.65 sq ft (65 sq m)
  • Overall plot size: 33421.96 sq ft
  • Council tax band: B
  • Tenure: Leasehold
  • Parking spaces: Off Street
  • Outside spaces: Communal Garden
  • Reference: 701905

What else you need to know?

  • Tenure unexpired years: 86
  • Lease expiry date: 25-02-2113
  • Service charge: £616 per month

Location