Flat for sale in Santham Residences, Rayleigh Close CM13

* Guide Price - £600,000 to £620,000 * Spacious ground floor retirement apartment for the over 65s with direct access into the landscaped communal gardens. The accommodation comprises of L shaped entrance hall, fully fitted integrated kitchen, open plan lounge offering direct access into the communal gardens, bathroom and two double bedrooms with the master benefiting from an en-suite shower room. A high-quality finish has been applied throughout, including a Sonos music system, Amtico flooring, walnut front door and excellent security.

Shenfield Village is a luxury development and residents benefit from the Fable restaurant which offers fine dining and the lounge is a versatile space perfect to read a newspaper or to relax with a library book. Santhem Residences also has it's own bar and health & beauty suite.

Monthly Management Fee
From 1st March 2021, there are two options when it comes to paying your monthly management fee:

Option 1 – £700 per month

Option 2 – £1,200 per month

Other Fees
Ground rent not applicable

Car park £500 per annum for one space (subject to availability)

Costs Upon Leaving
Deferred Management Fee (dmf)

We offer two corresponding options for paying your Deferred Management Fee and you can choose whichever best suits your circumstances:

Option 1 – 4% of the sale price, increasing every year by 4% up to a maximum of 28% – payable on the change of occupier

Option 2 – 3% of the sale price, increasing every year by 3% up to a maximum of 21% – payable on the change of occupier

The increases apply to part years, so a sale after 3 years and 4 months would attract the rate for a sale in year 4

Property Information
Tenure Leasehold – 999 years from 2021

Subletting is prohibited

Eligibility Criteria Age from 65

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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.