2 bed Flat For Sale £350,000
Property Ref - IW0179
Leasehold - 125 Years lease
Cost of moving into the property:
Purchase price - 10% deposit will be payable on exchange of contracts Lease engrossment Fee - £144 including VAT at 20%
Location - Criccieth
Often described as the 'Pearl of Wales on the shores of Snowdonia’, this delightful seaside town is situated just 5 miles from Porthmadog. The town’s 13th century castle perches majestically on a rocky outcrop, dominating the skyline and offering superb views of Tremadog Bay and the Snowdonia mountains. Watersports enthusiasts will be delighted by the two beaches, whilst walkers and bikers are spoilt for choice by the proximity of the beautiful Snowdonia National Park. Stroll along the beaches, watch porpoises playing in the surf, or relax in the various pubs, restaurants and tea rooms, sampling the famous Cadwalader’s ice cream. Further afield, attractions such as Portmeirion’s wonderful Italianate gardens, the Ffestiniog railway in Porthmadog, Harlech Castle, Caernarfon Castle and the beautiful beaches and renowned golf courses of the Llyn Peninsula are all within an easy drive.
The Scheme -
Criccieth “the pearl of Wales on the shores of Snowdonia”
The King George IV / Castle View complex is a development of 37 apartments comprising one and two bedroom apartments which includes 4 penthouse suites with commanding stunning views over the ocean. The apartments cater for the over 55’s, offering a 24 hour concierge service amongst many other great features. This is luxury living at its finest. Criccieth is a beautiful seaside resort. Investment in the resort most recently has created a buzz and consequently new restuarants and café bars have been launched. Based in the town centre, the apartments allow ease of access to these amenities, with the Bowling Green, bus stop and train station all within easy reach too. Criccieth is truly breath taking and the ideal place for a holiday home or a fulfilled retirement. The development is anticipated to be a welcome addition to the Criccieth community
Properties Available:
Phase One -
The phase one consists of 6 x 2 Bedroom Apartment
Type B -
Apartment 2 - Ground Floor
Apartment 5 - First Floor
The Layout -
The Parking -
Allocated Parking for Two vehicles per apartment
Other info?
The Service Charge - What is the service charge for? Individuals living within the apartments will pay a service charge per apartment. Allowing the property and grounds can be maintained to the highest of standard. All service charge monies, including the reserve fund referred to below, are given trust protection under section 42 of the Landlord and Tenant Act 1987.
The service charge is a variable charge based on actual costs. It is payable in advance in monthly instalments by direct debit, pro rata from the time the owners buy a property. Owners are invited to meet twice a year for specific purposes, with a representative from the managing agents in attendance.
What the service charge covers?
Communal Facilities?
Gardens and Estate Management?
Safety and Security?
Staffing and Support
The Concierge Service “Our Aim is to help wherever possible”
We will try to achieve any and all owner requests. Services may include but are not limited to the following examples: Booking transport (taxi, rail tickets etc) Arranging theatre and events tickets and providing “what’s on” information Local restaurant reservations and recommendations Delivering newspapers to your door Arranging day trips and recommending places of interest to visit. Booking the Guest Suite or local hotel rooms for visiting families Helping with arrangements for special occasions such as birthdays’ and anniversaries’ Hand car wash services on your doorstep Providing products to purchase for your property (eg cooker filters, light bulbs etc) Personal services (prescription requests and collections, posting letters etc) Sourcing help for your home (vetted tradesman) Meet and greet personal service for all visitors to King George IV Apartments
On Going Charges -
Restrictions on selling the property -
Break down of the service charge
Concierge - £19,000
Building / Lift etc - £4,203
Cleaning - £4,200
Garden - £6,300
Insurance - £5,000
Repairs - £10,274
Audit - £1,000
Bank - £100
Total £33.30 per week / £1,733 per annum
Ground Rents - £250 per year (1bed) / £350 per year (2bed)
Leasehold - 125 Years lease
Cost of moving into the property:
Purchase price - 10% deposit will be payable on exchange of contracts Lease engrossment Fee - £144 including VAT at 20%
- Legal Costs - Purchasers pay their own legal costs
- Stamp Duty - Paid for by the vendor (incentive for early reservation only and only at first home stamp duty rate)
- Removal Costs - Can be organised by the Freeholder and up to maximum of £2000 contribution available.
Location - Criccieth
- Porthmadog 5 miles.
Often described as the 'Pearl of Wales on the shores of Snowdonia’, this delightful seaside town is situated just 5 miles from Porthmadog. The town’s 13th century castle perches majestically on a rocky outcrop, dominating the skyline and offering superb views of Tremadog Bay and the Snowdonia mountains. Watersports enthusiasts will be delighted by the two beaches, whilst walkers and bikers are spoilt for choice by the proximity of the beautiful Snowdonia National Park. Stroll along the beaches, watch porpoises playing in the surf, or relax in the various pubs, restaurants and tea rooms, sampling the famous Cadwalader’s ice cream. Further afield, attractions such as Portmeirion’s wonderful Italianate gardens, the Ffestiniog railway in Porthmadog, Harlech Castle, Caernarfon Castle and the beautiful beaches and renowned golf courses of the Llyn Peninsula are all within an easy drive.
The Scheme -
Criccieth “the pearl of Wales on the shores of Snowdonia”
The King George IV / Castle View complex is a development of 37 apartments comprising one and two bedroom apartments which includes 4 penthouse suites with commanding stunning views over the ocean. The apartments cater for the over 55’s, offering a 24 hour concierge service amongst many other great features. This is luxury living at its finest. Criccieth is a beautiful seaside resort. Investment in the resort most recently has created a buzz and consequently new restuarants and café bars have been launched. Based in the town centre, the apartments allow ease of access to these amenities, with the Bowling Green, bus stop and train station all within easy reach too. Criccieth is truly breath taking and the ideal place for a holiday home or a fulfilled retirement. The development is anticipated to be a welcome addition to the Criccieth community
Properties Available:
- 22 Two bedroom Apartments
- 4 Penthouse Apartments
- 1 Concierge Apartment
- 1 Family Apartment
- 9 One Bedroom Apartments
Phase One -
The phase one consists of 6 x 2 Bedroom Apartment
Type B -
Apartment 2 - Ground Floor
Apartment 5 - First Floor
The Layout -
- Entrance Hall
- Open Plan Living Means
- Master Bedroom with
- Master En Suite
- Bedroom 2
- Bathroom
The Parking -
Allocated Parking for Two vehicles per apartment
Other info?
The Service Charge - What is the service charge for? Individuals living within the apartments will pay a service charge per apartment. Allowing the property and grounds can be maintained to the highest of standard. All service charge monies, including the reserve fund referred to below, are given trust protection under section 42 of the Landlord and Tenant Act 1987.
The service charge is a variable charge based on actual costs. It is payable in advance in monthly instalments by direct debit, pro rata from the time the owners buy a property. Owners are invited to meet twice a year for specific purposes, with a representative from the managing agents in attendance.
What the service charge covers?
- External buildings and maintenance External window-cleaning
- Buildings insurance
- Refuse collection
- Reserve fund: A proportion of the service charges paid by property owners is accumulated in a reserve fund to cover future capital works (building repairs and renewal)
- Management fee
Communal Facilities?
- The Garden Room
- Lounge
- Library
- Gym Heating, lighting, maintenance and cleaning of all communal areas including the lifts.
- Daily concierge service
Gardens and Estate Management?
- Garden and grounds maintenance
- Operation and maintenance of all external lighting and upkeep of estate road / pathways.
Safety and Security?
- Thoughtful lighting
- 24 hour staffing
- Door entry control and emergency call systems
Staffing and Support
- 24 hour concierge service
- Optional emergency line
- Optional domestic help
The Concierge Service “Our Aim is to help wherever possible”
We will try to achieve any and all owner requests. Services may include but are not limited to the following examples: Booking transport (taxi, rail tickets etc) Arranging theatre and events tickets and providing “what’s on” information Local restaurant reservations and recommendations Delivering newspapers to your door Arranging day trips and recommending places of interest to visit. Booking the Guest Suite or local hotel rooms for visiting families Helping with arrangements for special occasions such as birthdays’ and anniversaries’ Hand car wash services on your doorstep Providing products to purchase for your property (eg cooker filters, light bulbs etc) Personal services (prescription requests and collections, posting letters etc) Sourcing help for your home (vetted tradesman) Meet and greet personal service for all visitors to King George IV Apartments
On Going Charges -
- Service Charge - £33.30 a week £1598.40 per annum
- Living costs payable to external
- Utility Bills - all utility bills are pay-
- Council Tax - The properties at ent council tax bands and payment
- TV Telephone and Internet
- Responsibilities of the community operator.
- This includes buildings insurance, public liability insurance, and employers liability insurance. This is all covered in the management charge
Restrictions on selling the property -
- Sale option - the freeholder has an option to the right of first refusal on any resale of the properties.
- Restriction - At least one new resident must be over 55
Break down of the service charge
Concierge - £19,000
Building / Lift etc - £4,203
Cleaning - £4,200
Garden - £6,300
Insurance - £5,000
Repairs - £10,274
Audit - £1,000
Bank - £100
Total £33.30 per week / £1,733 per annum
Ground Rents - £250 per year (1bed) / £350 per year (2bed)
