Quay House

Flat 2
The Bank
St. Mary’s
Isles of Scilly TR21 0HY

PRICE: £295,000 ono

Flat 2 is on the top floor of a granite built end of terrace house overlooking the area affectionately called “The Bank.” The Bank is a widening of the road at the end of the High Street in Hugh Town and is immediately adjacent to the harbour and so the flat has the distinct benefit of panoramic sea views from the lounge window. Originally a guest house but many years ago converted into two fully self contained apartments with a shop on the ground floor and a restaurant in the basement.

Flat 2 together with Flat 1 beneath are both permanent homes but in the past have been used as holiday lets and Flat 2 could be purchased as such to produce an income.

Approached from the roadway by granite steps the accommodation comprises:

Porch (which gives access to the shop on the ground floor) Then into the Ground Floor Hallway . From the ground floor hallway stairs lead to:
Mezzanine Floor
Door leads into a bin store (shared with Flat 1).

A short staircase then approaches
First Floor Landing and thence stairs to:
On the Second Floor
Above the small landing at the top of the stairs is access to the roof storage space with electric light. A door then leads into:
Hallway One large and one small storage cupboards built into the wall. Power point.
A glazed multi paned door then leads into:

Lounge 12’0” x 9’4” (maximum) A large UPVC double glazed window takes up the full width of one wall and gives panoramic sea views across St. Mary’s sound to the islands of Tresco, Bryher and Samson. Wall mounted panelled radiator with thermostatic controls. Separate mirror fronted wall mounted fan heater. Nine power points. Television aerial socket.

NB The flat is constructed in what was originally the roof of Quay House and therefore has part exposed rafter timbers some of which can be seen.

A further multi paned door leads into:

Kitchen 9’10” x 5’1” With window having views to the Garrison. Fitted with floor cabinets and matching wall cabinets having grey panelled doors and the floor cabinets topped with granite effect melamine working surfaces. Fittings include an inset single drainer stainless steel sink unit. Indesit washing machine. Indesit four ring ceramic hob. Indesit built in oven. Firenzi cooker hood. Free-standing fridge/ freezer. Six power points. Electric cooker point.

From the hallway are approached:

Shower Room Having a simulated wood plank floor and fitted with a shower cubicle with glazed door and electric power shower, low level w.c. with concealed cistern and vanity basin in cabinet. Cupboard housing the hot water cylinder with electric immersion heater linked to timer. Wall mounted electric towel rail. Velux opening roof light.

Bedroom 13’6” maximum x 12’0” minimum plus a further area of 10’11” maximum x 7’2” minimum. Built in double wardrobe. Wall mounted electric panelled radiator with thermostatic control. Plumbing for vanity basin. Six power points. Views from the window across the roofs of Hugh Town to Town Beach.

Bedroom 14’8” x 6’0” Approached through an additional area 7’4” x 4’0” in which there is a built in chest of drawers and dressing table. Wall mounted electric panelled radiator with thermostatic control. Plumbing for vanity basin.Power point. Two wall light points. Views from the window across Garrison Hill.

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 £1549.00 for the year 2019/2020.
To the above charge will be added the sum of £552.00 water charge / sewerage charge for 2019/2020

OUTGOINGS: Present electricity consumption cost is £1150.00 per annum and the current contribution to buildings insurance cover is £300.00 per annum.

TENURE: leasehold. The property is held on 999 lease which commenced on 1st May 1987 at a non escalating ground rent of £10 per annum. Flat 2 is responsible, as are other leaseholders in the building, to pay one quarter share of any charges relating to the common parts of the building, all external and party walls and building insurance.

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.