House For Sale £70,000
Wadebridge, Cornwall

Full description

Located in the centre of Wadebridge, this one bedroom ground floor retirement apartment is available through a leasehold scheme for the elderly. Within a level walk to town, this property has the benefit of communal parking and gardens as well as 24 hour warden control.

The leasehold scheme for the elderly provides accommodation for retired persons aged from 60 years old. A new 60 year lease is granted upon completion. The purchase price is 70% of the market value accessed by an independent RICS valuer. (So, if for example, a two bedroom property was valued at £130,000, the purchase price would be £91,000.)

There is a service charge of £190 per calendar month (due for annual review 1st July). Each month money is put into a building society account - this is called the 'sinking fund' to go towards the cost of external redecoration of the properties.

The service charge covers the following expenses;

Cost of the central control service: The service is manned 24 hours a day and will respond if any alarm cords in your property are pulled.
Building Insurance: The structure of the building,
including fixtures and fittings, and glazing are covered against accidental damage.
Laundry room and guest bedroom.
Lighting, heating and cleaning of communal areas.
Exterior cleaning of glass.
Lift maintenance.
Upkeep of communal garden.
Concessionary TV license.

Wadebridge town is only a short walk away with its pedestrianised centre, where shopping is still a pleasure. A range of national retailers sit alongside an eclectic mix of local independent shops and a selection of cafés, pubs and restaurants plus a Tesco at the top of West Hill.

Wadebridge is the perfect place from which to explore the North Cornish countryside as well as being the gateway to the beautiful scenery and stunning beaches of Rock and Polzeath. The famous Camel Trail, a walk and cycle path that has replaced the old railway tracks from Bodmin to Padstow runs through the town. You'll find attractive scenery and plenty of wildlife to be enjoyed along this riverside trail, a very pleasant, traffic free way to walk or cycle to Padstow and the coast, or inland through wooded valleys to Bodmin and the moor.

Directions
From our office, walk along Eddystone Road and turn left onto Eddystone Place and directly ahead is Molesworth Court, Flat 5 is located in the main building on the ground floor.