RYDE VILLAGE DEVELOPMENT
£40,000
2 Bedroom Flat - Second Floor
- No Onward Chain
- Stunning Modern Apartment in Over 55's Development
- Ideal Opportunity for Independent Assisted Living
- Comfortable Single Floor 2 Bedroom Accommodation
- Shared Ownership - 25% (£40,000) Share For Sale
- Generous 13'11 Lounge/Diner Overlooking the Surrnoundings
- Communal Parking
- Double Glazing & Gas Central Heating
- Secure Entry System & Lifts in Building
- Stylish Kitchen Adjoining Lounge/Diner
Found in the charming recently built Ryde Village, this nearly new 2nd floor flat is a gem waiting to be discovered. Boasting a generous reception room overlooking the surroundings, two inviting bedrooms, and a well appointed and wheelchair friendly shower room/en suite, this property is perfect for those seeking comfort and convenience.
Situated in an over 55's development, this flat is offered on shared ownership basis at a 25% share (£45,000) with options for assisted living, providing a perfect blend of independence and support. The 75% share will attract rent at £426.36 per month. The well-lit rooms offer a pleasant view of the recently constructed Ryde Village, creating a peaceful ambiance for residents.
Parking is made easy with space for one vehicle, and the secure entry to the building ensures safety and peace of mind. Residents can enjoy the convenience of lift access to all floors and a communal lounge, perfect for socialising with like-minded neighbours.
The development goes above and beyond, offering a range of facilities and services, including a Well Being service aimed at helping occupants maintain their independence. With a focus on community and well-being, this flat provides a unique opportunity for a comfortable and fulfilling lifestyle in the heart of Ryde Village.
Communal Entrance
Secure entry. Lift to all floors.
2nd Floor Landing
Entrance Hall
3.35m x 1.85m (11'0 x 6'1)
Kitchen/Diner
4.22m x 3.28m (13'10 x 10'9)
Lounge
4.24m x 4.22m (13'11 x 13'10)
Bedroom 1
4.22m plus wardrobe x 4.45m max to recess (13'10 p
En Suite Shower Room
2.84m x 1.96m (9'4 x 6'5)
Bedroom 2
3.84m x 2.44m (12'7 x 8'0)
Communal Parking
Space for a vehicle within the communal car park
Communal Facilities
Secure entry system. Communal car park. Sensory garden to rear. Residents lounge. Residents dining room. Lift to all floors. Guest room available form £30 per night.
Tenure
Shared ownership lease for over 55's. Lease term 125 years from 2021. 25% Share available at £40,000 with the remaining 75% attracting rent at £426.36 per month. Purchasing this share is subject to qualification and conditions. Full value of property is £160,000.
Shared Ownership
25% share available to purchase £40,000.
Regular Costs
Communal & Personal Service charge £397.71 per month. Rent at £426.34 per month. Well being, care package £283.33 per month. Total monthly cost £1062.40.
Council Tax
Band A
Construction Type
Brick elevations. Concrete tile roof. Cavity walls.
Flood Risk
Very Low Risk
Mobile Coverage
Coverage includes EE, Or & Vodaphone.
Broadband Connectivity
Wightfibre and Openreach networks. Up to Ultrafast fibre available.
Services
Unconfirmed electric, gas, water and drainage.
Agents Note
Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you. None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you. Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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