Spanish Ledge Flat 3
£180,000 ono : 1 bedroom apartment

Status: Available
Tenure: Leasehold

Full description

At present a holiday flat within this imposing granite built property. However, recently planning consents have been approved for the use of other holiday flats in the house as
permanent residencies. Spanish Ledge is situated in the centre of Hugh Town, St. Mary’s and is thus a flat and easy walk to all the towns immediate facilities including the popular beaches at Porthcressa and the harbour itself.

Built originally as two houses we think towards the end of the 1800s converted into a guest house and then finally in 1987 and 1988 into self contained holiday apartments.

The conversions were carried out very tastefully, maintaining the inherant character of the old granite house. There are now eight separate apartments on three floors.

Flat 3 is a first floor flat, with views facing the front of the property and the front windows have the benefit of sunshine during the morning.

The property is fully let with virtually no vacancies between March and the end of October and is sold with the benefit of all furnishings, fixtures and fittings (with the exception of a few personal items) and forward reservations.

Approached from Silver Street, an external staircase leads to a front door which leads into:
Communal Hall: having coat hanging position ( a communal ironing board is provided for all apartments on this
floor).
A landing then leads to the front door of Flat 3 and then:
Hallway: with coat hanging space. Doors then lead to:

Lounge / Dining Room with Kitchen area: 11’8” x 11’7” plus 4’3” x 3’0”. Ceiling light, one wall light, 4 power points. Built in locked store cupboard. Corner television shelf.

Kitchen area 6’3” x 5’6” plus shallow bay. Well fitted with units having an attractive basket-weave design to the face of the doors with beech wood trim, and complemented with laminated work surfaces in a simulated wood finish. Units comprise a single drainer stainless steel sink unit, a four drawer floor unit and matching double wall cabinet. There is also a matching cupboard housing the electric fuses and meters. Electrical fittings include a LG refrigerator and an Indesit electric cooker and hob. Four power points. Ceiling bar light with three spotlights.

Bedroom: 16’0” x 7’8” with built-in wardrobe and adjoining dressing table with mirror / fluorescent / shaver socket light over, ceiling light, one wall light, two power points. Secondary double glazing to window is available but never fitted.

Shower Room: Having a cork tiled floor and fully tiled walls and fitted with an avocado coloured suite comprising low
level w.c., pedestal wash hand basin, shower cubicle with sliding doors and a Triton electric shower, Expelaire extractor
fan, wall mirror with fluorescent light/shaver socket over, electric wall mounted heater

SERVICES: Mains electricity, water and drainage are connected.
ASSESSMENTS : The property is assessed to a commercial rateable value of £2,600 for the year 2017/2018
To the above charges will be added the sum of £349.87 water charge and £199.00 sewerage charge.
OTHER OUTGOINGS: Spanish Ledge is insured as one unit and the insurance is divided between the flats in
accordance with the floor area occupied, Flat 3 contribution for the last year being £273.72

TENURE: The apartment will be conveyed on a 999 year lease at a non escalating ground rent of £10.00 per annum.

The freehold is vested in a limited company which is formed as a management company with each purchaser of a
Spanish Ledge flat being an equal share director. It is then usual for all owners to meet on an annual basis to discuss
the level of maintenance required for the property during the forthcoming year. The charge agreed for the years 2016
and 2017 is £600.00








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

3 Spanish Ledge, Silver Street - TR21 0PZ

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.