Hagley Road West, Oldbury70% Shared Ownership £45,000
Under OfferCottons Chartered Surveyors - 0121 247 474700005258
- Ground Floor Retirement Apartment for over 60s
- EPC Rating: TBC
- Double Bedroom
- Living Room
- Kitchen
- Bathroom with WC
- Residents Parking
- No Upward Chain
- 70% Shared Ownership
- Lease term of 99 years from 15th September 1988 (circa. 62 years unexpired).
A ground floor 'over 60s' RETIREMENT APARTMENT located within a highly desirable and CONVENIENT location on the Oldbury and Quinton borders adjacent to the Hagley Road West Shopping Parade. Viewings VITAL to appreciate quality of development on offer. Making an ideal downsize and retirement move the property comprises; hallway, living room, kitchen, bedroom and shower room. With secure communal areas, communal gardens, residents parking, on site warden and laundry facilities, Offered with NO UPWARD CHAIN. EPC Rating: TBC. Council Tax Band: B. Tenure: Leasehold (70% shared ownership) with term of 99 years from 15th September 1988 (circa. 62 years unexpired).
- Location
The property is set back behind a front fore garden off Hagley Road West (A456) in a mixed residential and retail location within Oldbury on the Quinton border, conveniently situated;
• Adjacent to Hagley Road West Shopping Parade.
• Circa. 1.6 miles from Bearwood Road High Street.
• Circa. 2.1 miles from Rowley Regis Train Station.
• Circa. 5.1 miles from Birmingham City Centre.
- Description
A ground floor retirement apartment exclusively for residents aged 60 plus in a modern purpose build three storey development constructed circa. 1980s of brick wall construction surmounted by an interlock concrete tile pitched roof providing well laid out accommodation that would benefit from some updating. All external windows are single frames wooden windows (two out of three windows are supported with secondary glazing), and the property has electric heaters in all principal rooms.
- Accommodation
Please refer to the floor plan for room measurements.
- Flat
Hallway, living room, kitchen, bedroom (double), bathroom with W.C. Rooms have a pull cord emergency alarm system.
- Communal Areas
Entrance, corridors, stairs, lift and laundry room.
- Outside
Communal garden and residents parking.
- Lease Information
The lease term is 99 years from 15th September 1988.
Under the leasehold scheme in the development the property is held on a 70% ownership basis while the purchaser enjoys exclusive ownership and use.
The remaining 30% is 'rent free'.
- Service Charges
Anchor Housing have advised us that the service charges for March 2024 to April 2025 were £212.63pcm (£2,551.56 per annum).
These where subject to change and we are awaiting figures of the most recent service charge information.
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