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Little Park

Southam

2 Bedrooms

1 Bathroom

Apartment

Price: £220,000
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Price: £220,000
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Property Details

Key features

  • TWO BEDROOM APARTMENT
  • 99% SHARED OWNERSHIP
  • INDEPENDENT LIVING WITH CARE HOUSING SCHEMES
  • AGED 55 AND OVER
  • SITUATED IN THE HEART OF SOUTHAM

Council Tax Band: B

Tenure: Leasehold

    Leasehold Information:

  • Number of years left on lease: 114 years
  • Annual service charge: £4,265
  • Annual ground rent: £150
  • Annual ground rent review period: 15 years
  • Ground rent increase: 1.0%

Tithe lodge offers TWO BEDROOM self-contained living accommodation in a safe and secure environment for people aged 55 and over. Tithe lodge offers central town living, meaning the towns amenities are right on your doorstep. THIS COULD BE THE NEW HOME YOUR LOOKING FOR.

Connells are delighted to bring to market this immaculately presented TWO BEDROOM APARTMENT. The property briefly comprises of an entrance hall, lounge/diner, BALCONY, kitchen TWO GOOD SIZED BEDROOMS, storage cupboard, WET ROOM & communal areas.
The well regarded historic market town of Southam offers rural community living with the advantages of town amenities. Ideally situated between Coventry & Banbury on the A423 Southam is easily connected to Royal Leamington Spa, the County town of Warwick, famous Stratford upon Avon, Gaydon, Daventry and Rugby, where you will find mainline railway links to take you into Birmingham and London. The town enjoys easy access to the major road networks including the M40, M6, M69 & M1.
Southam has a varied range of shops including a hardware shop, a pharmacy, a newly built library, hairdressers, a local grocery shop as well as larger supermarkets. There is a weekly market selling local produce. There are also a number of public houses & cafes. Alternatively Southam offers a range of different takeaway options if you prefer a night in. Other amenities include a post office, banks, doctor's surgeries, health clinic & dentists.
The town has a thriving network of clubs, community groups and recreational activities, a leisure centre, sports clubs from bowling to rambling, Rotary, WI, Lions, Darby & Joan as well as special interest groups including baking, bridge, singing , amateur dramatics, crafts and more.


Tithe Lodge
Tithe Lodge offers a completely different lifestyle when compared with conventional retirement schemes; the emphasis is very much on independent living in your own apartment yet within a community. You would have peace of mind knowing that care is on site as and when you may need it, enabling you to live independently in the comfort of your own home.

Entrance Hall
Communal area leading to front door.

Hallway
Large storage cupboard housing boiler, second storage cupboard with shelving space, alarm call system and doors to:

Lounge/ Diner
17' 1" x 10' 5" ( 5.21m x 3.17m )
Double glazed windows to the rear aspect and door to the rear aspect which leads to a walk on balcony, radiator and television point, telephone point, intercom and opening into:

Kitchen
10' 5" maximum x 8' 1" maximum ( 3.17m maximum x 2.46m maximum )
Fitted kitchen with wall and base units with work surface over, incorporating one and half bowl stainless steel sink/drainer unit, integrated electric oven and inset to work surface electric hob with cooker hood over, integral fridge/freezer and part tiled walls.

Bedroom One
14' 6" maximum x 10' 9" maximum ( 4.42m maximum x 3.28m maximum )
Double glazed window to the rear aspect, radiator, television point and telephone point.

Bedroom Two
11' 3" x 7' 8" ( 3.43m x 2.34m )
Double glazed window to the rear aspect, radiator, television and telephone point.

Wet Room
Wet room fitted with large shower screen separating the shower area with electric shower, wash hand basin, low level WC, fully tiled walls to shower area, extractor fan and radiator.

Vendors Notes
Shared-ownership, two-bedroom flat in a retirement complex in Southam. The lease is for 125 years with an unexpired term of 118 years. The equity share held is the maximum permissible (99%).

Monthly charge amount of £590.47 approx. That sum comprises:
Rent £8.51 approx.
Well-being charge (24-hour monitoring, alarm call system etc) £78.00 approx.
Service/estate charge £228.18 approx.
Utility charge (water, gas electricity) £105.90 approx.
Ground rent £12.50 approx.

Tithe lodge offers TWO BEDROOM self-contained living accommodation in a safe and secure environment for people aged 55 and over. Tithe lodge offers central town living, meaning the towns amenities are right on your doorstep. THIS COULD BE THE NEW HOME YOUR LOOKING FOR.

Connells are delighted to bring to market this immaculately presented TWO BEDROOM APARTMENT. The property briefly comprises of an entrance hall, lounge/diner, BALCONY, kitchen TWO GOOD SIZED BEDROOMS, storage cupboard, WET ROOM & communal areas.
The well regarded historic market town of Southam offers rural community living with the advantages of town amenities. Ideally situated between Coventry & Banbury on the A423 Southam is easily connected to Royal Leamington Spa, the County town of Warwick, famous Stratford upon Avon, Gaydon, Daventry and Rugby, where you will find mainline railway links to take you into Birmingham and London. The town enjoys easy access to the major road networks including the M40, M6, M69 & M1.
Southam has a varied range of shops including a hardware shop, a pharmacy, a newly built library, hairdressers, a local grocery shop as well as larger supermarkets. There is a weekly market selling local produce. There are also a number of public houses & cafes. Alternatively Southam offers a range of different takeaway options if you prefer a night in. Other amenities include a post office, banks, doctor's surgeries, health clinic & dentists.
The town has a thriving network of clubs, community groups and recreational...

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
(2) These particulars do not constitute part or all of an offer or contract.
(3) The measurements indicated are supplied for guidance only and as such must be considered incorrect.
(4) Potential buyers are advised to recheck the measurements before committing to any expense.
(5) Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
(6) Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

MORTGAGE CALCULATOR

Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply.

Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable.

If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help.

** The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 01/03/2024 and is correct as at 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.

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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. **THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.

 
 

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.