1 bedroom apartment for sale

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1 bedroom apartment for sale

Somers Brook Court, Newport, Isle of Wight
£115,000

Price History

Initial price £135,000
27/10/23 £115,000
Price Change -14.81%

Description

Somers Brook Court is a retirement apartment complex for those aged 70 and above, located within walking distance of the historic town center. The property boasts a spacious one-bedroom apartment with its own private balcony, as well as access to a range of communal facilities, including a lounge, restaurant, laundry, and landscaped gardens. The apartment is equipped with a 24-hour emergency call system and sophisticated intercom system, providing peace of mind for residents. The property also includes an hour of free domestic assistance per week, as well as extensive domestic and care packages available to suit individual needs and budgets. The service charge for the year ending March 31, 2024 is £8,462.52, which covers the cost of the estate manager, water rates, 24-hour emergency call system, heating and maintenance of communal areas, and external window cleaning. The property is leasehold, with a lease of 125 years from January 2013 and a ground rent of £435 per annum, subject to review in January 2028.