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Retirement
Leasehold

£310,000

1 bed property for sale

Palace Road, Ripon, North Yorkshire HG4
1 bed
1 bath
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£310,000

1 bed property for sale
Palace Road, Ripon, North Yorkshire HG4

    • 1 bed

    • 1 bath

  • EPC Rating: B

Retirement
Leasehold

About this property

    ***retirement property*** one bedroom ground floor apartment within the sought after red house development.

    A well-presented one-bedroom ground floor apartment, covering 63.8 sqm (687 sqft), with a private patio furnished with a bistro table and chairs. Situated in the Rosedale building, the property has been decorated to a high standard. Residents benefit from communal amenities, including a reception hall, lounge and bar, restaurant, library, hair and beauty salon, treatment room, hobbies room, and gym. The apartment retains original features such as large windows and high ceilings, with access to landscaped communal gardens.

    The front door opens to an entrance hall with a built-in storage cupboard, leading to the lounge and kitchen/diner. The kitchen is equipped with Zanussi appliances, including an integrated fridge/freezer, microwave, electric cooker, electric hob, extractor fan, dishwasher, and washer/dryer. The double bedroom includes a fitted wardrobe, while the wet room features underfloor heating, a heated towel rail, a demisting mirror, and a shower with both a fixed and adjustable head. The property is fully carpeted and comes with fitted curtains and blinds. The rear patio offers space for potted plants and includes a bistro table with two chairs.

    **Upto £10k cashback towards Stamp Duty
    *Valid on reservations until 31st December 2025 and applies to selected apartments for sale at The Red House only. Excludes re-sales. This offer is a deduction from the amount payable on legal completion. Any Stamp Duty above £10,000 remains payable by the purchaser.

    The Red House has attractive and peaceful grounds and gardens spread over four acres, with generous outside terraces and seating areas, plus an area of raised beds for use by owners in the village in a delightful setting overlooking the lawns and woodland, the perfect place to exercise green fingers. The Red House benefits from a tranquil and leafy environment, but with proximity to the modern amenities and rich culture of Ripon City Centre, just over half a mile away. Ripon offers all the shops, cafés, restaurants and conveniences you'd expect from a city, including Booths Supermarket, Marks & Spencer Food Hall, and Morrisons Supermarket, whilst still retaining a unique character and charm. For sports enthusiasts, the Ripon City Golf Club and Ripon Cricket Club are within easy reach, and it's just two and a half miles to a lively day at the races. If it's a more leisurely walk you're after, this is the perfect location to take in the stunning scenery of the Yorkshire Dales National Park, stopping at one of the many country pubs along the way. Nidderdale, deservedly designated an Area of Outstanding Natural Beauty, lies on the border of the National Park and is close to the World Heritage Site of Fountains Abbey. Harrogate Borough Council, Band D. Incentive – Reserve this property before end of June 2025, and receive £10,000 cashback towards your move ( upon completion). Also the property is displayed as a show home, and can be bought fully furnished (this would be an extra cost) . We also have a facility to accommodate, for a 1 or 2 night stay, in the property to ‘try before you buy’, for interested parties.

    Service charge and ground rent
    Service charge and ground rent
    A service charge, currently £870.20 pm, £10,442.40 pa, is payable. This covers external buildings and maintenance, external cleaning of apartment windows, buildings insurance, refuse collection, all communal area maintenance, reserve fund, management fee, daily concierge service, garden and grounds maintenance, 24-hour on-site staffing, 11⁄2 hours’ domestic help a week.
    A ground rent of £606.12 per annum is payable in advance on 01 October each year and reviewed every five years from 01/01/2023 in line with the Consumer Prices Index. The next review will be on 1 January 2028 as per the terms of the lease.
    Payable to erl (Red House Ripon) Limited on all properties for which the original leases were granted before 01 April 2023.
    In addition, ground rent is payable in advance on 01 October each year and reviewed every five years in line with the Consumer Price Index. The next review will be 01 January 2028.
    Charges when leaving or selling the property
    A Deferred Development Payment of 6%, 8% or 10% of the selling price (occupancy of up to 1 year, 1 to 2 years, and over 2 years respectively) is payable when leaving or selling the property. A Sales Administration Fee of 1.5% of the selling price, plus VAT, is also payable. Further information is available from the Sales Team or the website, .
    Energy performance
    Energy efficiency rating 86%; environmental impact rating 88%. A copy of the full Energy Performance Certificate is available upon request.
    Crl

    The property benefits from 10-year crl Build Cover from 01/04/2018. The crl paperwork will be provided by the vendor(s), but a copy of the crl’s guide to this cover is available upon request.
    **Upto £10k cashback towards Stamp Duty
    *Valid on reservations until 31st December 2025 and applies to selected apartments for sale at The Red House only. Excludes re-sales. This offer is a deduction from the amount payable on legal completion. Any Stamp Duty above £10,000 remains payable by the purchaser.

    Viewing by appointment only.

    More information

    • Tenure

      Leasehold (Ask agent)

    • Service charge

    • Council tax band

      A band has not yet been confirmed.

    • Ground rent

    • Ground rent date of next review

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