£225,000
Park Crescent, Hesketh Park, Southport
- 2 beds
£225,000
- 2 beds
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Ground Floor:
Communal Entrance: with staircase and lift to all floors
First Floor:
Hall
Lounge/Dining/Kitchen - 8.03m overall x 3.66m overall (26'4" x 12'0")
Bedroom 1 - 4.01m x 2.72m (13'2" x 8'11")
En-Suite Wet Room - 2.72m x 2.16m (8'11" x 7'1")
Bedroom 2 - 3.38m x 2.57m (11'1" x 8'5")
Communal Facilities: There is a residents lounge and a cafe bistro, a hair salon/therapy suite, a library and an IT area. Further facilities include a guest suite, conveniently placed car parking, landscaped communal gardens and buggy store with recharging facilities.
Tenure: Leasehold for a residue term of 125 years from 1st August 2013. It is understood that no ground rent is payable.
Service Charge: Payable a month in advance there is a charge of £779.09 per month service charge that covers communal cleaning and maintenance, external window cleaning, water and sewerage, buildings insurance and estate management. It also covers the costs of heating, lighting and water for the communal areas, plus the heating, water and hot water in the apartments.
Wellbeing Charge: This amounts to £457.86 per month to include 24 hour staffing on site, help in an emergency and the co-ordination of activities and events programme.
Contingency Fee: A contribution to the Contingency Fund is payable on sale or a transfer of ownership. The Fund covers spending for the repair or renewal of communal areas, roofs lifts, etc. The contribution is 1 % of the ‘open market value’ at the point of sale/ transfer, for each year or part-year of
ownership.
For example: a leaseholder who sells a property owned for five years for £250,000 will have to pay £12,500 calculated as follows:
• 1% of £250,000 = £2,500
• 5 years x £2,500 = £12,500 = Contingency Fund Contribution
NB: We are required under the Money Laundering Regulations to check Purchaser's Identification Documents at the time of agreement to purchase.
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