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1 Bedroom ground floor retirement apartment with no onward chain

This one bedroom over 55's apartment is situated in the quiet retirement complex of Haven Court, Elmbridge Road, Gloucester. This property is offered for sale with no onward chain. The property comprises of: communal entrance, large living room, double bedroom, kitchen and shower room. This property is positioned close by to local shops, bus stops and amenities and could make a lovely home for someone to enjoy. Please note this property has purchase options available whereby you can complete with an extended lease- please call the office for more information. TENURE: Leasehold. The property is held on a 99-year lease commencing from 25 December 1970, therefore with 46 unexpired years now remaining. Haven Court is managed by CMG Leasehold Management Ltd. We understand from the managing agents that the combined service charge and ground rent payment is currently levied at £748 per annum and includes buildings insurance. The current ground rent figure in isolation is £210.00. The current budget covers the period from 25/9/23 to 24/9/24. A full copy is available upon request which itemises all charges.. A lease extension could take place during the conveyancing period, therefore meaning that the purchaser would enjoy 189 years from 25/12/1970, providing 136 unexpired years at present. In round numbers the premium would be £30,000 which would ‘load’ on. Therefore an offer of £115,000 or above would be expected.