Townsend Close: City Centre

PRICE: £94,250 for the Seller's 65% share in the leasehold interest (the remainder rented) or
£145,000 for the 100% ownership of the leasehold interest
(both prices, subject to contract)

TOWNSEND CLOSE leads off Lincoln Road in the section between Westgate and Burghley Road and forms part of an established residential area within walking distance of the Queensgate shopping centre. There is a primary school nearby.

THIS FIRST FLOOR FLAT forms part of a 2-storey building which is believed to have been built around 1900 and has brick elevations with a tiled roof.


ENERGY PERFORMANCE CERTIFICATE
A copy of the full Energy Performance Certificate is available for inspection at our office.


COUNCIL TAX
Band 'B' payable to Peterborough City Council.


THE ACCOMMODATION is as follows (N.B. All dimensions are approximate) :-

GROUND FLOOR
Communal Entrance Hall: Stairs to first floor.

THE FLAT
Entrance Hall: 9' 9” x 3' 3” (2.97m x 0.99m). Entrance door with spy-hole. Fitted carpet. Radiator. Intercom Entry phone.
Lounge/Kitchen Area: 18' 3” x 16' 1” (5.56m x 4.95m).
Lounge Area: uPVC double glazed Sash window with front aspect. Fitted Carpet. 2 radiators. TV point. Telephone point.
Kitchen Area: Vinyl flooring. Worktops with inset stainless-steel 1 1/4 bowl sink and with drawers and cupboards under. Matching wall-mounted cupboards. Built-in oven with 4-ring gas hob and with filter/light over. “Vaillant Ecotec Pro24” combination gas-fired boiler serving central heating and hot water. Plumbing for washing machine and dishwasher.
Bedroom 1: 13' 5” max x 12' 5” max (4.08m max x 3.78m max), including built-in wardrobe. 3 uPVC double glazed windows with north aspect. Fitted carpet. Radiator.
Bedroom 2: 9' 7” x 8' 2” (2.92m x 2.48m). uPVC double glazed window with west aspect. Fitted carpet. Radiator.
Bathroom: 6' 7” x 6'4” (2.00m x 1.93m). Recessed ceiling lights. Walls part tiled. Vinyl flooring. Panelled bath with shower over. Pedestal hand basin. Close-coupled W.C. Radiator. Extractor fan.
GARDENS & PARKING
Communal Gardens
Two Allocated Parking Spaces
VIEWING & DIRECTIONS
Viewing is only by prior arrangement through this Agency.

From Westgate leave the city centre on Lincoln Road, go straight over the traffic lights at the junction with Bright Street and Townsend Close is the second turning on the left. The property is straight ahead.

TENURE

The property is held on a 125 year lease from 2012. The leasehold interest in the property is currently shared between the Seller (65%) and the owner of the freehold, Homemade Homes by Accent (35%).
The Seller currently pays £130.32 per month rent for the 35% share.
The lease does provide for prospective purchasers to acquire the remainder of the leasehold interest from Homemade Homes, for £52,500, subject to contract.
We understand that the service charge as at October 2024 was £126.12 per month.


SERVICES
It is understood that all mains services are either connected, or are available for connection to the property.

NOTES
None of the appliances or services has been tested and prospective purchasers must satisfy themselves that they are in working order. The floor plan included in these particulars is intended as an approximate guide only and its accuracy is not guaranteed.

The Agents for themselves and for the owner of this property hereby give notice that: (1) These particulars do not in any way constitute an offer or a contract; (2) Any intending purchasers/tenants must not rely on the statements made in these particulars as representations of fact, but must satisfy themselves by inspection or otherwise as to their correctness as they are made without acceptance of any responsibility on the part of the Agents or the owner; (3) No representation whatever in relation to this property is made or given by the Agents or the owner, nor has any person in their employment any authority to make or give any such representation or warranty.