£60,000 Guide Price
1 Bedroom Flat For Sale
Rawson Buildings, 4 Rawson Road, Bradford BD1
- 1 Bedroom
- Spacious Sitting Room
- Kitchen Area
The light spacious accommodation has sealed unit double glazed windows and electric panelled radiators. Briefly comprises communal reception hall. Private reception hall, spacious sitting room with two windows. Open plan kitchen area with built in appliances. Bedroom one. Occasional bedroom/study. Bathroom with three piece suite in white.
Rawson buildings is a secure gated development with a coded vehicle gate and pedestrian gate.
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Service Charge Year 1st April 2019 to 31st March 2020
Service Charge: £759.60 Per Annum.
Buildings Insurance: £91.11
Reserve fund £200 PA (Note; This is specified in the lease at £200, however it has been reduced to £100 for the last 4 years as the reserve fund is considered healthy)
The Apartments are sold subject to a 125 year lease granted on 1st January 2007.
The Ground Rent is £180.00 PA per Apartment, payable on the 1st January each year.
The Rent reviews are every 25 years, the 1st of which is the 31st December 2032.
The Ground revised rent will double every 25, years i.e. £360.00 from 2032 - 2057
Communal Reception Hall
Access to the upper floors.
Private Reception Hall
Spacious Sitting Room
6.70m x 4.83m (22' x 15'10") Two sealed unit double glazed windows to the front elevation providing long distance views. Wood effect floor covering, electric panelled radiator. Open plan to:
Inset 1 1/4 bowl stainless steel sink unit. Fitted base and wall units incorporating built in oven and four ring electric hob with cooker hood over. Built in fridge and freezer. Built in washing machine. Inset ceiling spotlights.
3.10m x 3.10m (10'2" x 10'2") Sealed unit double glazed window to the front elevation. Radiator.
3.48m x 1.93m (11'5" x 6'4") Panelled radiator.
2.20m x 1.73m (7'3" x 5'8") Comprising panel bath with shower over and glass shower screen, pedestal wash basin, low flush w.c. (white suite with chrome effect fittings).
The apartment is approached via a vehicle security gate and a pedestrian security gate.
The property is subject to a lease for 125 years commencing 1st January 2007. The ground rent is £180 per annum. Rent reviews are every 25 years (next review 31st December 2032) which time the new rent shall be twice the rent payable on the day prior to the rent review date.It is specified in the lease that there is £200 payable per annum to the reserved fund on the 1st January o each year. That having been said it was agreed with the directors and the management that this amount be reduced in 2016/2017 to £100 as the reserve fund maintains a healthy balance.Insurance premium is paid separately on the 1st April each year and in 2016 the insurance premium due was £70.98 per annum. Service charges: the service charge year runs from the 1st April - 31st March and 2016/2017 service charge payable was £78.07 per month which is £936.84 per annum.