Sycamore Court
Supporting Independent Living

Transfer Premium

A Transfer Premium of up to 3% of the gross proceeds of the sale is payable to the Freeholder each time a Lease is transferred, after the first six months of occupation.

The Transfer Premium is:-

  • Up to 6 months: 0%
  • Between 6 months and 1 year: 1%
  • Between 1 year and 2 years: 2%
  • After 2 years: 3%

The Transfer Premium covers:-

  • Waiver of ground rent during the term of the Lease
  • The Manager’s involvement throughout the re-sale process e.g. explaining the workings of Sycamore Court and showing the apartments to prospective purchasers, negotiating sales and dealing with solicitors
  • The time spent by the Manager in generating and maintaining a list of prospective purchasers which often eliminates the need to market the property through an estate agent
  • The ongoing costs incurred by the Company in providing information literature, maintaining a website, placing advertisements and marketing the apartments

Apartment 10 – Price £390,000

FOR SALE

A RARELY AVAILABLE ONE BEDROOM APARTMENT WHICH HAS BEEN MODERNISED TO A HIGH STANDARD.

This is a most attractive first floor apartment offering a good sized sunny, west facing sitting room with an attractive bay window on which to display photos and plants. The bedroom has a most desirable and spacious walk in wardrobe.

There is a luxurious bathroom with a rain shower head over the bath and a modern kitchen with a glass splashback and a fridge/freezer, dishwasher and washing machine included. 

The whole apartment was redecorated, re-carpeted and had new double glazing just two years ago and included in the price will be the curtains, blinds and carpets.

Apartments To Purchase

Apartment  20 – 2 bedroom retirement apartment on the first floor – £435,000

UNDER OFFER

This is a very attractive apartment with a sunny south-west facing sitting room which has a large bay window on which to display photos and plants.  It has a modern kitchen with built-in appliances,  a modern bathroom and a large master bedroom with fitted wardrobes and a bay window.