Flat for sale in Upper Rissington, Cheltenham GL54

Tenure: Leasehold

An immaculately presented ground floor apartment in the sought-after Victory Fields development in Upper Rissington is being sold with No Onward Chain.

The accommodation comprises a communal hallway shared with one neighbor, an entrance hall, an open-plan kitchen/living area with a corner aspect that makes it a light and airy room, a double bedroom with fitted wardrobes, and a bathroom. The property also benefits from modern décor, high ceilings, double glazing, gas central heating, and off-road allocated parking.

This Apartment would make an ideal first time buy, pier de terre or Investment with a potential rental income of £800.00 pcm

Tenure: We understand the property to be Leasehold The owner of the freehold will be the Developers, Vistry Group (Formally Linden Homes and Bovis). Following the sale of the last plot on the entire development Vistry will transfer the freehold to the Residents Management Company. There will be a Residents Management Company, Valiant House (Rissington) Management Company Limited who will be responsible for organising the maintenance of the common access ways and areas within the apartments not forming part of individual plots. The day to day running of the Management Company’s functions however will be dealt with by a management agency. Each plot owner will become a member of the Residents Management Company. The Lease will be granted for a term of 999 years commencing from 1st January 2017. The ground rent is a peppercorn. However, an Insurance Rent is payable in respect of buildings insurance for the property.

EPC Rating: C

Location

Upper Rissington occupies an elevated location between the Windrush and Evenlode Valleys and offers easy access to the A424 Stow on the Wold/Burford road as well as Bourton on the Water. Upper Rissington has a fantastic new shop, pharmacy, gym and cafe as well as a brand new village hall. There is also the outstanding Rissington Primary School. Further facilities and schools can be found in both Bourton on the Water, Stow on the Wold and Burford. A bus service links the village to the local schools at Bourton on the Water, as well as wider destinations.