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Guide price £75,000
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Residential · Retirement Property · Leasehold

A Vacant First Floor One Bedroom Retirement Flat

Apartment 14 Cartwright Court, 2 Victoria Road, Malvern, Worcestershire, WR14 2GE

Property type
Retirement Property
Bedrooms
1
Bathrooms
1
Receptions
1
Tenure
Leasehold

A vacant first-floor one-bedroom retirement flat in a purpose-built block with 24-hour staffing, communal lounge, restaurant, and laundry room. Recently re-painted. Leasehold with approximately 105 years unexpired.

24-hour on-site staffing Communal lounge Restaurant Laundry room Recently re-painted

Accommodation

  • Reception Room
  • Kitchen
  • Bedroom
  • Bathroom/Wet Room

Full description

The property comprises a first floor one bedroom retirement flat situated within a purpose built building arranged over ground and three upper floors. The property has been recently re-painted. The development benefits from 24-hour on-site staffing, communal lounge, restaurant and a laundry room. Accommodation comprises: Reception Room, Kitchen, Bedroom, Bathroom/Wet Room. The property is situated on a residential road close to local shops and amenities. The open spaces of Link Common are within easy reach. Transport links are provided by Great Malvern rail station. Tenure: Leasehold. The property is held on a 115 year lease from 1st June 2013 (thus approximately 105 years unexpired). Note: To be eligible as a resident you must be aged 70 or over. Please refer to the legal pack for more information on eligibility.

Financial Tools

Your estimated monthly payment
£312.66/mo
Deposit £18,750 (25%) Loan £56,250 Interest £37,547
Total cost £93,797 Total interest £37,547
Property price£75,000
Deposit25%
£18,750
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

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