Prospect House Flat 3
£265,000 ono : 2 bedroom apartment

Status: Reserved
Tenure: Leasehold

One of three spacious two bedroomed at present holiday apartments but could just as easily be individual homes.

Situated in the centre of Hugh Town fronting a quiet backwater which is predominantly pedestrian and therefore a few minutes walk from all the towns amenities including the harbour of St. Mary’s.

Flat 3 is a spacious ground floor apartment including a small enclosed patio for sitting out. Approached by its own front door the accommodation includes “L” shaped Hallway. Lounge with attractive square bay window. Dining Room area. Well fitted Kitchen. Two Double Bedrooms. Large Shower Room. Outside there is a private deck fully enclosed and an area for bin storage.

To be sold with all furniture, furnishings, fixtures and fittings and forward reservations for the current season.

PROSPECT HOUSE FLAT THREE

Directly from Well Lane a panelled door with featured coloured glass leaded light leads into:
“L’ Shaped hallway -set into the granite wall is a large store cupboard with three full length doors. Four recessed
ceiling lights. The hall is separated from the lounge and dining area by a three quarter wall.

Dining Room area 10’8” X 8’2” Electric wall mounted convector radiator. Alcove seat with borrowed light window
into the kitchen. Four recessed ceiling spot lights. Two power points.

Living Room area 14’4” X 12’6” plus the large bay window looking onto Well Lane 6’5” X 2’9” Electric wall mounted convector radiator. Built in cupboard and shelving to one side of the original fireplace wall whilst to the other side is a niche with shelving. Eight power points. Television socket. Six recessed ceiling spot lamps.

Off the hallway is:
Bedroom (at present a double bedded room) 13’6” X 8’8” (plus bay window 4’4” X 1’9”) Built in wardrobe. Two
separate built in storage cupboards. Wall mounted electric convector radiator. Eight power points.

Kitchen 12’2” X 6’6” Having a ceramic tiled floor. There is a floor cabinet and matching wall unit and granite effect
melamine working surfaces. In addition is a built in storage cupboard. Fittings include a single drainer stainless steel
sink unit. There is a Tricity Bendix free standing over / grill with four ring ceramic hob and Hotpoint extractor unit
over. Under counter fittings include a Bosch dishwasher. Indesit washing machine. Hotpoint refrigerator. Dimplex
wall mounted fan heater. Six power points.

From the kitchen is a
Rear Hallway with coat hanging space and this in turn leads to:

Shower Room Having a ceramic tiled floor and three walls are panelled with Respatex panelling. Fittings include a
glazed shower cubicle with inset thermostatic shower. Low level w.c Pedestal wash hand basin with wall mirror and
fluorescent light / shave socket over. Wall mounted electric towel rail. Electric ventilation. Dimplex wall mounted
fan heater. Access to loft space.

From the other end of the kitchen a door leads into:
Bedroom (at present a twin bedded room) 14’6” X 8’7” (plus a shallow bay 4’10” X 1’5”). Built in double wardrobe with adjoining separate shelved cupboard. Additional locked built in cupboard. Wall mounted electric convector radiator. Nine power points. Access through roof hatch to ????

Outside From the rear hall there is a private deck for sitting out which is fully enclosed for privacy and adjoining is
an area for bin storage.

FURNISHINGS: All furniture, furnishings, fixtures and fittings as seen in the apartment are included in the sale price. Sufficient crockery, cutlery, glassware etc to cater for the number of persons advertised and to meet the Visit
Britain requirements.

SERVICES: Mains electricity, water and drainage are connected

ASSESSMENTS - RATES / COUNCIL TAX: At present Flats 1, 2 and 3 are assessed to one Rateable Value of £10,750 and rates payable on all three flats for the year 2017 / 2018 is £4820.79 including current transitional relief. When sold individually the flats will then be individually reassessed to either a rateable value or a council tax band subject to the use. Water / sewerage charge on each flat is £548.87

INSURANCE: Current total insurance premium £499.00 per annum to include Flats 1, 2 and 3.

HOLIDAY RESERVATIONS: Currently the Vendors together with Scilly Self Catering handle lettings whilst the Vendors themselves carry out changeover s and maintenance. Holiday reservations are continually being taken for 2017 and we are able to provide a list and rentals agreed to any seriously intending purchaser.

TENURE: The apartment will be sold on a 999 year lease at a non escalating ground rent of £50 per annum. A limited company will be formed and when all flats are sold each owner of a Prospect House apartment will, automatically, become a Director of the limited company.

The freehold will be transferred to that company immediately the last flat has been sold. It is then usual for all owners to meet on an annual basis to discuss the level of maintenance required during the forthcoming year and the continuance of the property insurance. Individual contributions will be then made by owners in the following proportions: Flat 1 30%; Flat 2 30%; Flat 3 40%



Schiller Bathroom


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Flat 3, Propect House, Well Lane, St Mary's. TR21 0HZ


Map Please Note: The map is intended as a guide only and
the precise accuracy of the property cannot be guaranteed

VIEWING STRICTLY BY PRIOR APPOINTMENT
ONLY THROUGH ISLAND PROPERTIES.

The information given in these particulars is intended to help you decide whether you wish to view this property and to avoid wasting your time in viewing unsuitable properties. We have tried to make sure that these particulars are accurate, but to a large extent we have to rely on what the seller tells us about the property. We do not check every single piece of information ourselves as the cost of doing so would be prohibitive and we do not wish to unnecessarily add to the cost of moving house.

Once you find the property you want to buy, you will need to carry out more investigations into the property than it is practical or reasonable for an estate agent to do when preparing sales particulars. For example, we have not carried out any kind of survey of the property to look for structural defects and would advise any homebuyer to obtain a surveyor’s report before exchanging contracts. If you do not have your own surveyor, we would be pleased to recommend one.

We have not checked whether any equipment in the property (such as central heating) is in working order and would advise homebuyers to check this. You should also instruct a solicitor to investigate all legal matters relating to the property (e.g. title, planning permission etc.) as these are specialist matters in which estate agents are not qualified. Your solicitor will also agree with the seller what items (e.g. carpets, curtains, etc) will be included in the sale.