The Property

Uniquely positioned on Marriot Terrace is this desirable two bedroom bungalow. Entrance hallway, storage cupboard and utility cupboard. Living room with arch to dining area, fitted kitchen with appliances, south west facing conservatory which opens on a patio area with a private and secluded feel. Two bedrooms, bedroom one with en-suite WC, family shower room.

Location

Cedars Village, set in 22 acres, is built around the exclusive Grade II listed mansion house which is the focal point of the community, providing facilities which include Victorian conservatory, restaurant, bar, library, snooker room, hobbies room, laundry, convenience store and croquet/putting lawn.

Lease and Other Information

Type of Property: Retirement
Tenure: Leasehold

Lease: 999 year lease from 1st November 2023
Ground Rent: £0 pa
Management Fee: £8,395.00 pa (January 2024 to December 2024 and annually thereafter) for single and double occupancy

Council Tax Band: Three Rivers District Council – Band F: £3,187.56 per annum (2024 – 2025)

Assignment Fee

Owners of a Retirement Villages Lease are required to pay an assignment fee on re-sale of the property which is 4% (1st year), 8% (2nd year), 12% (3rd year), 16% (4th year) and 20% thereafter of the sales price.

Estate agency fees of 1.5% when RV PROPERTY HOLDINGS LIMITED undertake sales and marketing or sellers choice of agent.

Please ask the Village Manager for more details and a copy of the financial implications.

For full information on the management fee please contact the Village Manager. The service includes:
• Full on-site professional estate management.
• Upkeep and maintenance to the exterior of buildings and grounds.
• Building insurance.
• Membership of the Country Club, which is exclusively for residents and their guests.
• Provision of a maintenance reserve fund.
• Heating, lighting and energy costs of communal area.
• External window cleaning/decorating
• One hour’s domestic cleaning per week.
• Weekly collection and laundering of bed linen.
• Use of Cedars Village launderette.
• Emergency call & monitoring system.
• Visiting GP’s surgery in Cedars Village’s own Wellbeing Hub.

Additional care packages can be tailor made on request. Charges apply.

Garages are available to rent, please ask for details.

All properties are pre-installed for Virgin Media – Clients to organise their own media packages.

You must be 60 years or over to become a purchaser at Cedars Village. Purchase of a Retirement Villages property is subject to an introductory acceptance interview with the Village Manager.

UPDATED – 26-03-2024