£170,000
2 bed flat for saleLocking Road BS23
2 beds
1 bath
1 reception
EPC Rating: C
Chain free
About this property
First Floor Flat
Good Decorative Order
N Som Council Tax Band A
EPC Rating C
Allocated Parking Space
No Onward Chain!
Double Bedrooms
A well presented first floor flat with a parking space to the front and located on the level within walking distance of Weston town centre and the railway station. The property is offered for sale, without the complication of an onward chain and deserves viewing internally to be fully appreciated. The accommodation briefly comprises; shared entrance, private hallway, lounge with bay window, fitted kitchen, 2 double bedrooms and a bathroom. Weston offers a good range of shopping and recreational amenities plus its famous promenade and beach. A bus service is available for the surrounding area including Bristol.
Tenure: We are advised by the sellers solicitors of the following:
Term: 999 years commencing on and including 1st January 2025.
Rent: One Peppercorn fixed for the term
Freehold : To be transferred to 109 Locking Road Management Company Limited on the grant of the lease of the final flat – each flat owner will have a share in the Management Company. The Management Company has already been set up by the Sellers at their expense with three shares being issued. On sale, the share in the new management company attributable to the flat will be transferred to the new owner. The cost of the set up will not be charged down under the service charge. I have suggested that the sellers instruct a Block Management Company now especially if you think this will help the marketing.
Service Charge: 45% flat 1,30% flat 2 and 25% flat 3 of which the insurance contribution is presently £45 flat 1 £30 flat 2 and £25 flat 3 per month. All works carried out to date by the sellers will not be charged down as service charge so the there will be a clean slate going forward. No other expenditure is envisaged at present.
Parking: Designated parking at the front, Flat 1 has two spaces the other flats have one each.
Common areas: Frontage and entrance vestibule, meters are by the front door
Tenure: We are advised by the sellers solicitors of the following:
Term: 999 years commencing on and including 1st January 2025.
Rent: One Peppercorn fixed for the term
Freehold : To be transferred to 109 Locking Road Management Company Limited on the grant of the lease of the final flat – each flat owner will have a share in the Management Company. The Management Company has already been set up by the Sellers at their expense with three shares being issued. On sale, the share in the new management company attributable to the flat will be transferred to the new owner. The cost of the set up will not be charged down under the service charge. I have suggested that the sellers instruct a Block Management Company now especially if you think this will help the marketing.
Service Charge: 45% flat 1,30% flat 2 and 25% flat 3 of which the insurance contribution is presently £45 flat 1 £30 flat 2 and £25 flat 3 per month. All works carried out to date by the sellers will not be charged down as service charge so the there will be a clean slate going forward. No other expenditure is envisaged at present.
Parking: Designated parking at the front, Flat 1 has two spaces the other flats have one each.
Common areas: Frontage and entrance vestibule, meters are by the front door
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