North Grove, Wells, Somerset, BA5
Asking price £94,500 sstc- 2 Beds
- 1 Bathroom
- 1 reception
A spacious ground floor apartment available under a Leasehold Scheme for the Elderly (LSE), with the opportunity to purchase a 70% share of the market value. The scheme is available to purchasers aged 55 and over who do not own another property, with all applicants subject to the housing association's eligibility criteria and approval.
Situated within a well-maintained purpose-built development for the over 55s, this spacious ground floor apartment offers comfortable, low-maintenance living in a convenient setting. The development benefits from a lift to all floors, secure entry phone system, residents' parking, and attractive communal gardens and courtyard areas.
The quoted price represents a 70% shared equity purchase. Any prospective purchaser will be required to meet the housing association's eligibility criteria, and relevant restrictions will apply.
The apartment is accessed via a well-presented communal hallway with lift access. A private entrance door opens into a hallway featuring a useful walk-in storage cupboard and a separate airing cupboard.
The bright and generously proportioned sitting room enjoys a dual aspect, creating a light and airy living space. The adjoining kitchen overlooks the eastern aspect and is fitted with a range of wall and base units, with space for a fridge/freezer and plumbing for a washing machine.
There are two well-proportioned bedrooms, together with a bathroom completing the accommodation.
Further benefits include double glazing throughout and electric heating.
AGENTS NOTE: Live West have advised that a new 60 year lease will be granted.
The service charge is currently £178.10 per month and will remain the same until 30th September 2026.