Swallow Place , Lyne Hill , Penkridge, Stafford

Price: £77,500

Overview

  • Luxury Over 55's Apartments
  • Shared Ownership (25-75% Shares Available) Or Purchase Outright
  • Shares Ranging From £31,250 (25%) - £123,750 (75%) Depending On Apartment & Share Purchased
  • One & Two Bedrooms Available
  • Wheelchair Accessible
  • Ground floor Apartments Are Security Alarmed
  • Secured Building
  • Patio Area Or Balcony Available
  • Communal Lounge
  • Service Charge Just £109.05 PCM

Full details

Swallow Place is an exciting new build which has been finished to a high standard throughout for over 55's. Whether you are looking to release some equity, looking to enjoy living in a modern, well designed luxury apartment within Penkridge this might be the solution for you. One & two bedrooms apartments available through Shared Ownership.

Location

Penkridge is a market town and civil parish in Staffordshire, England, which since the 17th century has been an industrial and commercial centre for neighbouring villages and the agricultural produce of Cannock Chase. Penkridge benefits from a range of local shops, pubs, restaurants and commuter links.

Main Description

Swallow Place is an exciting new build which has been finished to a high standard throughout, for occupation by over 55's. Whether you are looking to release some equity, looking to enjoy living in a modern, well designed luxury apartment within Penkridge this might be the solution for you. Currently we have one and two bedroom apartments available, spread over four floors with an option of either a patio or private balcony. These luxury apartments are available to purchase through Shared Ownership ranging from 25-75%. We have included picture of the show home for illustration purposes. If you would like to view any of these apartments or to discuss an option that would suit you then please contact our Penkridge office

Entrance Hallway

11' 2'' x 5' 2'' (3.397m x 1.585m)

Welcoming entrance hallway with radiator to side, central ceiling light, storage cupboard, spacious airing cupboard with radiator and doors leading to open plan kitchen/lounge, master bedroom and second bedroom which is currently dressed as a dining room.

Kitchen/Lounge/Diner

21' 7'' x 11' 10'' (6.579m x 3.598m)

Fitted kitchen with breakfast bar, linoleum flooring to kitchen area, two ceiling lights, radiator and large floor length window with external door leading to private patio area.

Master Bedroom

12' 6'' x 10' 6'' (3.808m x 3.209m)

Large window to front, radiator to side, central ceiling light, fitted double wardrobe with mirrored sliding doors and storage cupboard housing combination boiler.

Bedroom 2

12' 5'' x 7' 1'' (3.797m x 2.151m)

Currently dressed as a dining room with window to front, central ceiling light and radiator to side.

Shower Room

6' 5'' x 8' 2'' (1.958m x 2.477m)

Fully fitted shower room with glass partition to shower, anti-slip flooring, part tiled walls. towel radiator, extractor fan, modern basin with matching low flush w/c and spot lighting flush to ceiling.

Charges Explained

Depending on the apartment and share amount purchased there would be an initial purchase price for the apartment itself. Assuming you purchased a 50% share of a two-bedroom ground floor unit similar to the show home illustrated then your initial outlay would be £77,500 for the apartment itself. In addition to this you would also be required to pay a monthly rental amount of £161.46 PCM and a monthly service charge of £109.05 PCM. If you are in a position to purchase a 75% share then no rent is payable over the service charge. Option to purchase outright is also available. Please note if you require a parking space there will be an additional charge of £42.00 PCM.

Tenure

Mixed tenure, meaning units can be purchased outright or through Shared Ownership. For more clarification regarding mixed tenure please contact our Penkridge branch.

EPC - Awaiting

Viewings

Strictly by appointment through the Penkridge Office of Bagshaws on 01785 716 600. Alternatively if out of office hours please email Penkridge@bagshaws.com

Area map

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