Prospect House Flat 1

Well Lane
St. Mary’s
Isles of Scilly
TR21 0HZ

SOLD
LEASEHOLD

A spacious two bedroomed apartment which, up until 2019, had been successfully let as a holiday apartment. Alternatively it can be occupied as a permanent home in accordance with planning permission No. P/14/043/ROV dated 17th November 2014. 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. Always well maintained, recent work has included complete external re-painting of the walls together with stain/varnishing to the private staircase.

Flat 1 is a second floor flat with views to the east through dormer windows across the rooftops to Buzza Tower and windows to the west looking inwards towards the town. The accommodation has some restricted head eight and includes: Hall. Lounge / Dining Room. Well fitted Kitchen. Two Double Bedrooms. Bathroom with bath and shower. Outside area reserved for bin store. To be sold with all furniture, furnishings, fixtures and fittings.

From Well Lane an internal footpath leads to the rear of Prospect House where an external timber staircase then leads to the part glazed front door.

Hall Having a stone tiled effect vinylay covered floor. Two built in store cupboards.

Lounge / Dining Room 16’3” X 12’10” (10’4” in the dining area) There are windows both ends of this room and the dormer window looks out over Well Lane with views over the roofs to Buzza Tower. Wall mounted electric convector radiator. Ten power points. Television socket. Telephone socket.

Kitchen 14’4” X 7’0” Having a stone tile effect vinylay covered floor. The floor cabinets and three drawer unit together with the matching wall units are all in a dark blue colour with a beech wood melamine working surface. There is a single drainer stainless steel sink unit and under counter fittings include a recently purchased Zanussi oven and Belling four ring ceramic hob. Extractor over. Indesit washing machine. Indesit dishwasher and a Beko refrigerator In addition there is a wall mounted fan heater. Five power points plus individual points for washing machine etc.

Inner Hall Leads to:

Bedroom 1 (at present a double bedded room) 8’7” X 10’4” (plus 7’0” X 4’4” forming the dressing area). Again the dormer window looking east with views to Buzza Tower. Built in wardrobe. Six power points.

Bedroom 2 (at present a twin bedded room) 8’0” X 10’4” (plus 7’0” X 4’4” forming the dressing area). Dormer window looking east with views again to Buzza Tower. Four power points.

Bathroom 11’5” X 5’8” Having a stone tile effect vinylay covered floor. Fittings include a low level w.c. Pedestal wash hand basin with wall mirror and fluorescent light/ shaver socket over. Panelled bath with Respatex wall panelling and a Mira electric shower unit. Full length wall mirror. Electric wall mounted towel rail. There is a built in tank cupboard housing the factory insulated copper hot water cylinder which is linked to an immersion heater and timer.

Outside There is an area reserved for bin store and there is a wall mounted letterbox.

FURNISHINGS: All furniture, furnishings, fixtures and fittings as seen in the apartment with the exception of a few personal items are included in the sale price.
SERVICES: Mains electricity, water and drainage are connected
ASSESSMENTS For the purposes of Council Property Tax, this property is designated in Band “D” in the
Valuation List, producing a charge of £1489.34 for the year 2019/2020 Water / sewerage charge is £548.87
INSURANCE: Current total insurance premium is £499.00 per annum for all three flats at Prospect House – Flat 1 contribution is 30% i.e. £150.00
TENURE: The apartment is sold on a 999 year lease at a non escalating ground rent of £50 per annum. A limited company is formed and each owner of the flats at Prospect House will be a Director of the limited company and the freehold of the building is vested in the company. It is 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%

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.