Property Details

 
£55,000
1 bedroom
Meridian Court, North Road, Cardiff
    • Ground Floor Retirement Apartment
    • Sought-After Complex
    • Double Bedroom
    • Spacious Living Room
    • Kitchen
    • Bathroom
    • G/C/H & D/G
    • Off Road Parking
    • Community Alarm Service.
    • No Onward Chain
     
    “A well-proportioned Ground-Floor Retirement Apartment being part of this sought-after purpose-built complex. There is a good selection of local amenities close by, the city centre is well served with public transport, and access to the A48/M4 road network is close by."

    We also understand the following (to be confirmed):
    The lease will divert back to 999 years on completion of the purchase.
    There is a maintenance charge circa £2,016 per annum.
    The management company is the Wales & West Housing Association.

    There is a sinking fund in place equivalent to 2% of the purchase price per annum.
    Therefore if you purchase the flat for £50,000 in 2023 and reside within the flat for ten years, when you then sell in 10 years there will be the equivalent of £1000 per year of ownership, to be paid at the point of completion.
    Therefore, in this scenario there would £10,000 due to Wales and West's sinking fund.

    Guest room – there are facilities at present for residents to use the guest room at a current cost of £10.00 per night. This is for the room where there are two single beds available. All bedding/pillows / towels would need to be provided by resident. No smoking /No TV permitted in this room. Payments need to be made at the same time of booking the room which is done by contacting Wales and West Head Office.

    Pull/cord community alarm to flats for the use of emergency calls this service have now been removed and not connected for Scheme Manager to respond du to the Scheme Manager will not be on site every day at the scheme. Recent changes have been made and residents would need to make their own arrangements of their choice of an emergency provider if they wish to have that facility where there are options for either the provider would contact emergency services/ family members to attend or that they will come out themselves, depending on the company is chosen. Smoke/heat detectors inside the flat do not connect to any emergency services and only activate within the property itself this is a newly installed upgraded system . This will be the responsibility for the resident/owner of the flat to call the emergency services should there be a fire inside their own property.

    Communal areas to the scheme –

    Fire detection is linked up to the communal fire alarm system and automatically will transfer to Emergency Services.

    Scheme Manager – Due to recent changes the Scheme Manager is not in attendance at the scheme every day. However should a resident need to speak to the Scheme Manager direct they would either ring if not at the scheme at the time to resolve the concern or to arrange an appointment for the scheme Manager to visit that particular resident on request.

    Residents are required to be a minimum 60 years, or 55 years if registered disabled.

    This particular Apartment is located on the Ground Floor, offering ease of access for those less-mobile, without the reliance on stairs or lift facilities.

    The development comprises thirty nine individual apartments, and was constructed in 1989. Benefits include a community alarm service, lift, communal lounge, laundry room, guest facilities and off-road parking. There are regular social activities including coffee mornings and outings, etc..

    There are local shops close by and public transport is also within easy reach.

    Tenure: Leasehold (999 years)
    Service Charge: £2,016 per year
    Access
    The building is accessed via a communal entrance, with intercom system to the individual apartments. The hallway then leads to apartment Number Three.
    Entrance hall
    6'9 x 6'7
    With laminate flooring, two good sized storage closets, warden alert system, safety alarm pull cord, electric power point, and doors off to:
    Living room
    16'6 x 9'5
    With laminate flooring, electric power points, central heating radiator, safety alarm pull cord, and uPVC double glazed window to front.
    Kitchen
    8'9 x 5'10
    With a range of wall and base units in cream with matching wood trim, round edge Formica work surfaces, stainless steel sink unit with easy turn taps, ceramic tiled splash backs, freestanding cooker, uPVC double glazed window to front, tile styled flooring, wall mounted 'Vokera' gas boiler for central heating and domestic hot water, and electric power points.
    Bedroom 1
    13'11 x 9'
    With laminate flooring, electric power points, central heating radiator, safety alarm pull cord, and uPVC double glazed window to front.
    Bathroom
    6'4 x 5'8
    With a suite comprising panelled bath with Triton Dominica electric shower over, wash-hand basin with easy turn taps, W.C., extractor fan, safety alarm pull cord, and central heating radiator.
    Services
    We understand the property is connected to all mains services.
    Viewings
    View seven days a week with David's Homes; call to book your appointment.
    Please note
    Tenure:
    We understand the property is Leasehold, details of which must be verified by the purchaser’s legal representative.

    We also understand the following (to be confirmed):
    The lease will divert back to 999 years on completion of the purchase.
    There is a maintenance charge circa £2,016 per annum.
    The management company is the Wales & West Housing Association.

    There is a sinking fund in place equivalent to 2% of the purchase price per annum.
    Therefore if you purchase the flat for £50,000 in 2023 and reside within the flat for ten years, when you then sell in 10 years there will be the equivalent of £1000 per year of ownership, to be paid at the point of completion.
    Therefore, in this scenario there would £10,000 due to Wales and West's sinking fund.

    Map


    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
     
     
     

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