2 bedroom Flat for sale,

Knowle Drive, Sidmouth, Devon, EX10

Tenure and Maintenance

We understand that the property is leasehold. We have been informed that the lease for this apartment is in the process of being extended but is currently in place until 2107. The new lease under DN129379 will provide a new 999 year lease commencing from 2023.

We also understand that each flat owner owns a single share in Knowle Grange Management Company Ltd that, in turn, owns the freehold on Knowle Grange. We have been informed by the managing agent that the current management charge is £145pcm which includes water rates, buildings insurance, maintenance of the exterior, communal areas and the gardens. The annual ground rent is £10.

We are further advised that holiday letting and pets are not permitted. However, long letting of a minimum of twelve months is allowed. This information should be verified by your legal adviser before entering into any contract to purchase the property.

Location

Knowle Drive is located on the popular west side of Sidmouth on the fringe of the town centre, just 700 metres away. Furthermore the flat lies within a similar distance of the delightful Regency esplanade with subsequent access onto the beautiful Connaught Gardens. The Knowle public gardens are located within 100m of the property and offer a lovely area for walking and relaxation.

Location

Knowle Drive is located on the popular west side of Sidmouth on the fringe of the town centre, just 700 metres away. Furthermore the flat lies within a similar distance of the delightful Regency esplanade with subsequent access onto the beautiful Connaught Gardens. The Knowle public gardens are located within 100m of the property and offer a lovely area for walking and relaxation.

Communal Garden

Beautifully presented and maintained, comprising of a number of areas of lawn, in and around the apartments, with adjoining hedge and shrub borders creating both colour and screening. Pathways lead through the garden, areas of which provide a good vantage point for lovely views towards both Muttersmoor and the sea.

Agents Note

We understand that the property is leasehold. We have been informed that the lease for this apartment is in the process of being extended but is currently in place until 2107. The new lease under DN129379 will provide a new 999 year lease commencing from 2023. We also understand that each flat owner owns a single share in Knowle Grange Management Company Ltd that, in turn, owns the freehold on Knowle Grange. We have been informed by the managing agent that the current management charge is £145pcm which includes water rates, buildings insurance, maintenance of the exterior, communal areas and the gardens. The annual ground rent is £10.We are further advised that holiday letting and pets are not permitted. However, long letting of a minimum of twelve months is allowed. This information should be verified by your legal adviser before entering into any contract to purchase the property.