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£240,000

Park Place, Cheltenham, GL50

  • 2 beds
Flat

£240,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£1,096 per month

Minimum deposit amount:

£12,000
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A ONE/TWO BEDROOM RETIREMENT APARTMENT for the over 55s on the raised ground floor with balcony (facing c. south-east) and allocated parking in the underground car park along with a storage cupboard. The accommodation comprises, entrance hall with storage cupboard, bedroom with dressing room (built in wardrobes), bathroom with corner shower cubicle/electric shower, living/dining room with door onto balcony looking over well maintained communal gardens, bedroom 2/dining room, cloakroom (wc) and kitchen.
 
We are informed there is a development manager working onsite (9am-1pm and 2pm-5pm). Other benefits
include a visitors suite and communal reception lounge and library within the main building.

THIS IS A VACANT PROPERTY WITH NO ONWARD CHAIN

The Situation : We find The Park and Tivoli to be a much requested area of Cheltenham, Park Place lying less
than one mile or so south of the Town Centre and only half a mile or so from Montpellier. There are some
“local” shops in Andover Road, not forgetting the larger Bath Road (Leckhampton) shopping centre one quarter
of a mile or so distant.

Directions : Leave Cheltenham Town Centre via the Promenade (heading South) passing Queens Hotel on the
left. At the “Rotunda” (first) roundabout take the second exit (almost straight ahead) into Suffolk Square.
Proceed to and beyond the traffic lights into Park Place, where Park Gate can be found on the left hand side
immediately after the turning for Ashford Road.

Tenure Leasehold – 125 years from 1992, we are informed.
Service charge : £3,054.59 up to year ending 31/3/2020.

Management Company : First Port – www.firstport.co.uk

ALL INFORMATION TO BE CONFIRMED

NB. If the sale becomes agreed the management company will need to have your details and Lorraine Roberts
the manager will need to meet with you. First Port will fully explain to the prospective purchaser about the
sinking fund in operation at the estate and about the contribution made on resale of the property. We
understand at Park Gate the amount due is calculated as 0.5% of the purchase price, per year of ownership.
Obviously, this is only payable on resale.

Council Tax: We are informed by  that the property is in Band ‘C ’.

Services: We are informed by the seller(s) that there is mains water, gas, electricity and drainage currently connected (to be confirmed).

Tenure: Leasehold

Viewing: By appointment with the Sole Agents

All information subject to legal confirmation

Important Notice:  SureLet Cheltenham Ltd have not tested any apparatus/installations/services and cannot vouch for their condition.  We therefore strongly recommend that their condition is verified by prospective purchaser(s) through surveyors or solicitors.

Money laundering regulations:    To comply with money laundering regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer. We ask for your cooperation in order that there is no delay in agreeing the sale, should your offer be acceptable to the Seller(s).

SureLet Cheltenham Ltd may offer to assist in arranging insurance or other products/services and/or mortgages and may be entitled to receive commission in respect of any services provided. It is your decision whether you choose to deal with a company or service we recommend to you. In making that decision, you should know that we may receive referral fees worth between £200 and £1500 per annum. 
 


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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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Property details

£240,000

2 bed flat for sale

Park Place, Cheltenham, GL50

A ONE/TWO BEDROOM RETIREMENT APARTMENT for the over 55s on the raised ground floor with balcony (facing c. south-east) and allocated parking in the underground car park along with a storage cupboard. The accommodation comprises, entrance hall with storage cupboard, bedroom with dressing room (built in wardrobes), bathroom with corner shower cubicle/electric shower, living/dining room with door onto balcony looking over well maintained communal gardens, bedroom 2/dining room, cloakroom (wc) and kitchen.
 
We are informed there is a development manager working onsite (9am-1pm and 2pm-5pm). Other benefits
include a visitors suite and communal reception lounge and library within the main building.

THIS IS A VACANT PROPERTY WITH NO ONWARD CHAIN

The Situation : We find The Park and Tivoli to be a much requested area of Cheltenham, Park Place lying less
than one mile or so south of the Town Centre and only half a mile or so from Montpellier. There are some
“local” shops in Andover Road, not forgetting the larger Bath Road (Leckhampton) shopping centre one quarter
of a mile or so distant.

Directions : Leave Cheltenham Town Centre via the Promenade (heading South) passing Queens Hotel on the
left. At the “Rotunda” (first) roundabout take the second exit (almost straight ahead) into Suffolk Square.
Proceed to and beyond the traffic lights into Park Place, where Park Gate can be found on the left hand side
immediately after the turning for Ashford Road.

Tenure Leasehold – 125 years from 1992, we are informed.
Service charge : £3,054.59 up to year ending 31/3/2020.

Management Company : First Port – www.firstport.co.uk

ALL INFORMATION TO BE CONFIRMED

NB. If the sale becomes agreed the management company will need to have your details and Lorraine Roberts
the manager will need to meet with you. First Port will fully explain to the prospective purchaser about the
sinking fund in operation at the estate and about the contribution made on resale of the property. We
understand at Park Gate the amount due is calculated as 0.5% of the purchase price, per year of ownership.
Obviously, this is only payable on resale.

Council Tax: We are informed by  that the property is in Band ‘C ’.

Services: We are informed by the seller(s) that there is mains water, gas, electricity and drainage currently connected (to be confirmed).

Tenure: Leasehold

Viewing: By appointment with the Sole Agents

All information subject to legal confirmation

Important Notice:  SureLet Cheltenham Ltd have not tested any apparatus/installations/services and cannot vouch for their condition.  We therefore strongly recommend that their condition is verified by prospective purchaser(s) through surveyors or solicitors.

Money laundering regulations:    To comply with money laundering regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer. We ask for your cooperation in order that there is no delay in agreeing the sale, should your offer be acceptable to the Seller(s).

SureLet Cheltenham Ltd may offer to assist in arranging insurance or other products/services and/or mortgages and may be entitled to receive commission in respect of any services provided. It is your decision whether you choose to deal with a company or service we recommend to you. In making that decision, you should know that we may receive referral fees worth between £200 and £1500 per annum.