2 Bed Retirement Property For Sale

A well presented two bedroom cottage with a conservatory and direct access to a westerly facing patio and gardens, all of which is situated within the prestigious Castle Village retirement development (exclusively for the over 55's), which is centred around a magnificent Grade ll listed Mansion/Clubhouse House and 28 acres of fabulous landscaped gardens.


GENERAL INFORMATION:- The service charge includes, full onsite estate management, maintenance to the exterior of the buildings, grounds and Mansion House, buildings insurance, heating and lighting within the communal areas and external decoration and window cleaning. In addition, there is one hours domestic cleaning per week, which includes a weekly collection of all bed linen, which is cleaned ironed and returned to the property. For added peace of mind all properties have an emergency call and onitoring system, supported by 24 hour on site health leads and a GP surgery onsite once a week for consultations and prescriptions. Purchasing this property has two available lease options:-

Option 1:- ASSIGNMENT FEE:- Owners of a Retirement Villages lease are required to pay an assignment fee on the re-sale of the property, which is a percentage of the sale value as defined in the lease of 10% on completion. LEASEHOLD:-125 Years from 2000, SERVICE CHARGE:- £11,389 per year (plus £200 per annum for joint occupancy), GROUND RENT:- £250 per annum.

Option 2:- ASSIGNMENT FEE:- Owners of a Retirement Villages lease are required to pay an assignment fee on the re-sale of the property, which is a percentage of the sale value as defined in the lease. The proportion of the sales price payable changes: it is 4% for a sale in the first year, 8% for a sale in the second year, 12% for a sale in the third year, 16% for a sale in the fourth year, and 20% for all sales after the fifth year. LEASEHOLD:- With a new 999 year lease, MANAGEMENT FEE: - £8,553 per annum,
GROUND RENT:- N/A.

COUNCIL TAX:- Band E, EPC:- Rating C

Castle Village is situated just off the Common, on the periphery of the town and about a mile from the town centre and mainline railway station, providing a regular service into London Euston in approximately 35 minutes. The vibrant High Street has an eclectic mix of shops, restaurants, wine bars and public houses along with Waitrose, M&S and Tesco supermarkets. Berkhamsted is surrounded by beautiful countryside, on the edge of the Chiltern Hills, including the National Trust administered Ashridge Estate and has the Grand Union Canal running through its centre. There is excellent access to surrounding areas via the A41 bypass providing a fast link to the M25 and the M1. Luton and Heathrow airports are just 17 and 27 miles respectively.