Description
GENERAL INFORMATION:- Purchasers must be 55 years of age or over to become a resident at Castle Village and acceptance is subject to an interview with the village manager. It should be noted that 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 monitoring system, supported by 24 hour on site health leads and a GP surgery onsite once a week for consultations and prescriptions. Retirement Villages Group are the managing agents and Freeholders for Castle Village.
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: - £8,395 per annum
GROUND RENT:- N/A.
COUNCIL TAX:- Band E
EPC:- Rating B
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