1 bed Flat For Sale £265,000
Malthouse Court, The Lindens, Towcester

The property is a one bedroom first floor apartment with garage. The property is located on a purpose-built retirement development for the over 55s. Management services are provided by Cognatum Estates, a not-for-profit organisation and one of the UK's leading companies in retirement housing.Malthouse Court is built on the site of a former brewery, close to the market place. It is a peaceful enclave set in a lovely garden adjacent to open countryside, and is approached through an impressive stone archway from Watling Street. The two and three-bedroom cottages and apartments are set around three sides of a grassed courtyard and are built in slate and brick with stone detailing. Towcester is the oldest town in the county, hence many of the houses on the main street are listed and the whole central area of the town is in a conservation area. It has a full range of shops and amenities, all within easy walking distance of the estate, including a Waitrose and other major supermarkets, regular local markets, banks, surgeries and a library. Towcester itself has excellent sporting and leisure facilities and is, of course, renowned for its horse racing, as well as being close to the motor-racing circuit at Silverstone. Opportunities to walk abound as the town marks the start of Grafton Way and Knightley Way, both long-distance footpaths travelling north and south, and the nearby Nene Way stretches 67 miles along the banks of the River Nene. The city of Northampton, with its rich and varied history, lies just nine miles to the north of the estate and boasts a wide array of shops and restaurants, several pretty parks, an attractive cathedral and a pleasant marina and waterside area.Cognatum Estates maintains, repairs and insures all the buildings, arranges the window cleaning and refuse collection and tends to the gardens and grounds thereby freeing owners and residents from these responsibilities. There is a personal alarm system in each property and resident estate managers are on hand to provide support and help when needed, making this an ideal 'Lock Up & Leave' property. There is a laundry facility on site and a guest suite provides comfortable accommodation for visiting family and friends. The cost of providing these services is shared equally between all properties. There are no restrictions on owning a property except that one resident must be over 55 years of age.150 year lease (from 1988). No ground rent.Please Note: Upon resale of the property, Cognatum Estates management company charge £500 plus VAT for the leasehold pack, payable by the vendor.For viewings please contact the Estate Manager[use Contact Agent Button] /[use Contact Agent Button]

Council Tax Band: D
Tenure: Leasehold
Lease Years Remaining: 115
Service Charge: £5764.00 per year