1 bed flat for sale

Tudor Road, Bury St. Edmunds IP32

An excellent opportunity to purchase this modern purpose built one bedroom leasehold apartment located in a good position on this popular modern development with easy access to shops and amenities.

The current owner retains 40% of the property on a shared ownership basis with Sage housing but staircasing is also available including 100% purchase.

An early viewing request is strongly recommended to avoid disappointment with accommodation in brief comprising; main apartment entrance door to a good size hallway with storage, there is a generous living and kitchen area together with the bedroom and bathroom. To the outside, there are communal gardens and allocated off road parking.

Please "view brochure" to request your viewing and a 360° interactive internal video tour is also available please visit:

Lease Information

This leasehold property is offered with an asking price based on 100% ownership. The current lease was issued for 125 years from 01/06/2019.

The property is currently owned on a shared ownership basis with Sage Housing and the current owners holding is 40%. As mentioned, staircasing is available together with a 100% ownership available.

The current owner has informed us the current service charge is £136.43 per month and this is believed to also include the ground rent.

The current rent payable to Sage Housing by the current owner is £317.29

Property Ownership Information

Tenure

Leasehold

Council Tax Band

A

Annual Ground Rent

No ground rent

Ground Rent Review Period

No review period

Annual Service Charge

£1,639.00

Service Charge Review Period

Every 1 year

Lease End Date

30/05/2144

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.