No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£112,500
Added > 14 days

1 bedroom apartment for sale

Lucas Court, Leamington Spa
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Apartment
1 bed
1 bath
EPC rating: C*
559 sq ft / 52 sq m

Key information

Tenure: Leasehold | 75% share | rental £125pa | 103 yrs left
Ground rent: £125 per annum | review period: unconfirmed
Service charge: £1,800 per annum
Council tax: Band C
Broadband: Super-fast 218Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Mains supply
Heating: Electric
Electricity: Mains supply
Sewerage: Mains supply
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Property description & features

  • Tenure: Leasehold (103 years remaining)
  • OPTION TO OWN 95% OR 75% SHARE (75% Share only £112,500) and no rental payable on remaining percentage.
  • 75% share (can staircase up more) NO RENT PAYABLE
  • Second floor
  • Prestigious development
  • Open plan living kitchen
  • Large double bedroom with double fitted wardrobe
  • Bathroom with shower
  • Good storage
  • Well maintained communal gardens
  • Gas central heating and double glazing
*CHANCE TO GET ON THE HOUSING LADDER - NO RENT PAYABLE ON REMAINING PERCENTAGE - WELL WORTH A LOOK - OPPORTUNITY TO PURCHASE a 75% SHARE (£112,500) OF THIS PROPERTY AND THERE IS ALSO THE OPTION TO PURCHASE 95% AT £142,500 AND NO RENT DUE ON REMAINING 5%.* - second-floor purpose-built, one bedroom apartment forming part of this gated and prestigious development, only a short distance from the town centre of Royal Leamington Spa. This spacious accommodation benefits from double glazing and gas central heating together with one allocated car parking space.

Exciting opportunity to acquire a shared ownership, second-floor purpose-built, one bedroom apartment forming part of this gated and prestigious development, only a short distance from the town centre of Royal Leamington Spa. This spacious accommodation benefits from double glazing and gas central heating together with one allocated car parking space.

Communal entrance hall with staircase rising to the second floor landing.

Private L Shaped Entrance Hall - with coved ceiling and giving access to the roof space, radiator, deep shelved storage cupboard and further airing cupboard housing the insulated hot water cylinder.

L Shaped Open Plan Living Room/Kitchen - 5.93m x 4.87m max reducing to 3.52m in the kitchen - There is an extensive run of work surfacing incorporating a one and quarter bowl stainless steel, single drainer sink unit with mixer tap and a further four ring electric hob with electric oven beneath. Range of high level wall cupboards with cooker hood and cupboard housing the FERROLI gaslight central heating boiler.

In the living room area - there is a radiator and window to the front.

Lounge -

Bedroom One - 4.05m max inc. wardrobes reducing to 2.89m x 3.71m - with double glazed window, radiator and double door fitted wardrobe with hanging rail and shelf.

Bathroom - with white suite panel bath, wash hand basin, low-level WC, radiator, extractor fan and adjustable shower fitted above the bath.

Well Maintained Communal Gardens -

Car Parking - We believe the property has one allocated car parking space.

General Notes - We believe the property is leasehold, lease to be confirmed but believed to be 125 years starting from the 1st of January, 2001.
Ground Rent - 1st 25 Years - £250 per annum, 2nd 25 Years - £500 per annum, 3rd 25 Years - £1,000 per annum, 4th 25 Years - £2,000 per annum.
Management fees are £150pcm.
We understand the property is offered on a 75% OR 95% shared basis.
All applicants will need to apply for approval via Heylo Housing Association.
All main services are believed to be connected.
Viewings are strictly by prior appointment through the agents.

Property information from this agent

Places of interest

    Margetts is an independent firm of Chartered Surveyors established in 1806. We are regulated by the rules and regulations of the Royal Institute of Chartered Surveyors, the National Association of Estate Agents and the Association of Residential Letting Agents; we believe the leading professional property bodies.  Our aim is to provide our clients with the highest standard of professionalism and care.

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    *DISCLAIMER

    Property reference 32785710. The information displayed about this property comprises a property advertisement. We Are The Market and OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Margetts - Warwick.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on January 5, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on January 5, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on December 11, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.