2 Bedrooms for sale in Rosewood Gardens, High Wycombe HP12 | £ 150,000

Property Description

A beautifully presented ground floor retirement apartment set amongst well kept communal gardens in this popular development for the over 60's. The property is situated at the back of development away from the road within a short distance of local shops and amenities. A bus stop is located to the front of the development providing access to High Wycombe town centre. Accommodation comprising: Private entrance, entrance hall, living room, kitchen, two bedrooms (master bedroom with fitted bedroom furniture), shower room, gas c/h, double glazing, resident parking, communal gardens, onward chain complete

Additional Information

EPC Rating

C

Council Tax

Band B

Tenure & Charges

Leasehold, remaining term to be confirmed. The property is on a development which is restricted to sale to and occupation only by persons aged 60 years of age or more. Under the leasehold scheme for the elderly (lse) the buyer can only purchase a 70% of the equity in the property. The buyer is not permitted to staircase up to full ownership. The lease is not capable of being assigned. A sale is affected by surrender of the lease and a new lease is granted to the buyer. Upon each sale and surrender of the lease the landlord/freeholder, Red Kite Community Housing, is entitled to a capital payment in the sinking fund for the future maintenance of the scheme of 0.5% of the then current value of the 70% share multiplied by the number of complete years and complete months that have lapsed since the lease was granted.

Property Location

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