1 bed Flat For Sale £255,000
Apartment at Ty Llew, Lion Street, Abergavenny

This fine one double bedroom loft apartment with vaulted ceilings is one of just two remaining in a highly regarded and outstanding conversion by Messrs Carter Lauren of one of Abergavenny's historic buildings situated in the heartland of the protected conservation quarter of the town centre. An architecturally handsome, aesthetically pleasing building, Ty Llew is a period property which has been beautifully and creatively transformed by the developer into distinctive luxury apartments which have been finished to a high standard with design concepts conceived by Katherine Henham of Henham Interiors.

INTRODUCTION
The apartment is situated on the second floor with a lift service providing ease of access from the ground level, in addition to a central staircase which serves the upper floors. The residence will appeal to a range of discerning buyers seeking an exclusive primary residence in the town centre as well as those interested in second home ownership. An elegant finish with an excellent range of integrated kitchen appliances and a stylish shower suite comes as standard in the apartment together with a stylish blend of carpeting and wood style tiled flooring with underfloor heating, plus a thermostatically controlled warm/cold air heating and cooling system. Attractive landscaped gardens surround the residence, complemented by two allocated resident parking spaces per apartment as well as cycle racks with electric charging points. Secure door entry and well-lit motion sensor communal areas both outside and in create a welcoming and warm ambience throughout.

SITUATION
Ty Llew occupies a prime position in the heart of the historic Monmouthshire town of Abergavenny. On the fringes of the Brecon Beacons and regarded as the Gateway to Wales, the town offers a comprehensive range of shopping and leisure facilities including a wide selection of boutique style shops, complemented by high street names and highly renowned cafes and restaurants. Culturally important, local events of national and international significance include the Abergavenny Food Festival which attracts world famous chefs and writers and many thousands of visitors, the Green Man music festival and the Hay Festival of Literature, other regular events such as cycling competitions take place throughout the year. See for further information. Abergavenny is home to a Farmers Market and has its own cinema and leisure centre. The railway station has regular services into Cardiff (34mins), Bristol and London via Newport (25mins) whilst road links give easy access to the motorway for Bristol (1hr), Cardiff (1hr), Birmingham, the South West and London and "A" routes for Monmouth, Cheltenham and Brecon. The local area is well served for schools for all ages in both the private and state sector; Monmouth with its first-class Haberdashers schools, is an easy drive of just 25 mins away.

ACCOMMODATION
The Ty Llew apartments are designed in an open-plan style with no compromise on detail and comprise as follows: open plan kitchen/lounge/diner floor with vaulted ceiling; double bedroom with fitted blinds and in-built wardrobe; contemporary shower/wet room.

SERVICES
Fibre optic broadband to building, USB ports in bedrooms, kitchen & reception room, electricity, mains drainage, mains water. Air conditioning units in apartments 6 & 7.

RESERVATION DEPOSIT
£500 to be held by the Vendor's solicitor. Further details available on request from the Agent.

GENERAL
TenureWe are informed the apartments are Leasehold. The Lease term is for 125 years commencing on 1st January 2020. A Share of the Freehold will be given to owners when the last apartment has been sold.Service Charges & Ground RentThe building will be managed by Ty Llew Management Limited with each apartment owner holding an equal share in the company after the final apartment sale. Service Charge (SC): The square footage of the apartment will determine the percentage apportionment of the SC payable. For full details please refer to the sales brochure.The SC budget will continue to be prepared an annual basis by the management company and will be payable in advance on a bi-annual basis. Ground Rent: PeppercornBuildings' InsuranceThe Landlord/Management Company will insure the buildings, common parts and open spaces annually in advance and will recover the cost of insuring on the same percentages as service charge apportionment is calculated. Apartment owners are responsible for insuring contents.Lift Maintenance Apartments 4 to 7 will be required to pay a charge for the maintenance of the lift.Air ConditioningApartments 6 & 7 are air conditioned and will be required to pay a charge for the maintenance of the system.Developer's Guarantee The apartments are sold with the benefit of a 10 year structural defects guarantee.

Council Tax Band: B
Tenure: Share of freehold
Service Charge: £1430.00 per year