House For Sale £95,000
This superbly appointed, one bedroom bungalow is available to purchase on a shared ownership basis of between 50% to 90%, and offers a rare opportunity to purchase an exceptional property for the over 60’s within a supported environment, offering independent living with total peace of mind.
Mickle Hill is a purpose built development of 168 apartments and bungalows that are especially designed to make life comfortable for people in later life. The scheme is located on Malton Road in Pickering.
The development offers the privacy and pleasure of your own home within a friendly community, 24 hour specialist care and support, the latest safety and security features and a social programme of activities and events for the residents’ enjoyment.
Shared communal facilities include: Residents lounge; guest suite; bistro; landscaped gardens; hair and beauty salon; activities room; shop; licenced bar; library; cinema; gym and jacuzzi; buggy store.
The bungalow is offered on a shared ownership basis with total purchase price £190,000 (50% at £95,000 to 90% at £171,000). Rent on non purchased share from only £9 per week.
The accommodation briefly provides; lounge / dining area, high quality fully fitted kitchen with oven, hob, fridge / freezer, dishwasher and washer / dryer machine, bedroom, and shower room with level access shower. The bungalow has a 24 hour emergency call system, security optical door viewer, raised power points, and specialist flooring in the kitchen and bathroom to reduce slip points.
Agent’s Notes
The wellbeing service includes 24 hour staffing support on site and help in any emergency, as well as the organisation of an activity and events programme.
Charges 2020 / 2021
Service Charge: £49.16 per week (£213.60 per month). Wellbeing: £51.65 per week (£222.43 per month). Peppercorn ground rent: £1 per annum.
Additional services can be purchased to suit individuals, offering personal and domestic support.
Contingency Fund Contribution
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.
Administration Fee
An administration fee is payable, which covers the costs of processing sale documents, dealing with enquiries from solicitors, and signing documents. The fee will be at least £354 including VAT.
Lease Info
The leasehold properties at Mickle Hill are Guaranteed Buy-Backs, there mha has an option to buy-back if they wish.
Under the terms of The Guaranteed Buy-Back lease, the landlord will buy back the property at 95% of the premium paid for the share purchased.
Mickle Hill is a purpose built development of 168 apartments and bungalows that are especially designed to make life comfortable for people in later life. The scheme is located on Malton Road in Pickering.
The development offers the privacy and pleasure of your own home within a friendly community, 24 hour specialist care and support, the latest safety and security features and a social programme of activities and events for the residents’ enjoyment.
Shared communal facilities include: Residents lounge; guest suite; bistro; landscaped gardens; hair and beauty salon; activities room; shop; licenced bar; library; cinema; gym and jacuzzi; buggy store.
The bungalow is offered on a shared ownership basis with total purchase price £190,000 (50% at £95,000 to 90% at £171,000). Rent on non purchased share from only £9 per week.
The accommodation briefly provides; lounge / dining area, high quality fully fitted kitchen with oven, hob, fridge / freezer, dishwasher and washer / dryer machine, bedroom, and shower room with level access shower. The bungalow has a 24 hour emergency call system, security optical door viewer, raised power points, and specialist flooring in the kitchen and bathroom to reduce slip points.
Agent’s Notes
The wellbeing service includes 24 hour staffing support on site and help in any emergency, as well as the organisation of an activity and events programme.
Charges 2020 / 2021
Service Charge: £49.16 per week (£213.60 per month). Wellbeing: £51.65 per week (£222.43 per month). Peppercorn ground rent: £1 per annum.
Additional services can be purchased to suit individuals, offering personal and domestic support.
Contingency Fund Contribution
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.
Administration Fee
An administration fee is payable, which covers the costs of processing sale documents, dealing with enquiries from solicitors, and signing documents. The fee will be at least £354 including VAT.
Lease Info
The leasehold properties at Mickle Hill are Guaranteed Buy-Backs, there mha has an option to buy-back if they wish.
Under the terms of The Guaranteed Buy-Back lease, the landlord will buy back the property at 95% of the premium paid for the share purchased.
