Westward offer this 2-bedroom Bungalow in Bullied Way through Leasehold Scheme for the Elderly (LSE).
Leasehold Schemes for the Elderly Bulleid Way, provide sheltered accommodation for elderly retired persons on a 60-year lease.
The purchase price is 70% of the market value assessed by an independent RICS Valuer.
This property was valued at £228,000 with the 30% subsidy it is offered for sale at £159,000.
As the Scheme is a government scheme the accommodation has been provided with public funds.
The property is an end terrace bungalow situated at Bulleid Way and comprises:
Front Entrance Hall with double glazed entrance door, built in cupboard housing gas fired Worcester condensing boiler, electricity meter box.
Fitted carpets and thin timber double glazed door to Lounge with radiator, fitted carpet, coving to ceiling.
Kitchen with fitted units including single stainless-steel sink, removable slot in cooker and fridge. Fuse boxes. Fluorescent strip light, electricity meter. Tiled splash back. Vinyl floor covering. Sun tunnel providing natural light.
Internal lobby with fitted carpet, built in shelved cupboard electric convector heater and battery smoke alarm. Hatch to roof space.
Rear Bedroom with, fitted carpet, and radiator.
Shower room with shower cubicle with shelf unit and stool, pedestal wash basin low flush WC, Mirror medicine cabinet. Low height cupboard. Extractor fan and heated towel rail. Vinyl flooring. Sun tunnel providing natural light,
Bedroom 2/ reception room with folding doors off lounge, fitted carpet, timber double glazed French doors and side screen to Rear entrance Hall with fitted carpet and radiator. Mahogany effect double glazed French doors.
The Outside is open plan front garden with concrete paths. Enclosed rear garden with side entrance gate, concrete slabbed patio adjoining rear of bungalow. Further small lawn and side flower bed. Timber and felt garden shed with power and light connected.
There is a communal car park for the use of residents.
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Full Market Value: £228,000 (Two Hundred and Twenty-Eight Thousand pounds)
Share being sold: 100%
30% Subsidised Discount Value: £159,000
Monthly Service Charge: £210.38
The current service/support charge is £210.38 per calendar month. This amount is reviewed annually and is increased in line with inflation and to cover any future major expenditure. The next review is due on 1st July 2025.