The following information has been provided by the sellers of the property:
Leasehold Original 150 year lease from 28th December 1990
Management Company: First Port
Management Charges: £1,010.74 per quarter
Ground Rent: currently £496.57 per annum, payable quarterly and subject to a 5 yearly RPI review, next due 1 January 2027.
Charges are to include Buildings Insurance, water rates, cost of administrator and accommodation, general maintenance, cleaning, heating and general maintenance of communal areas, external decor, gardening, lift maintenance.
There is an Emergency Pull Cord system in place which will alert the manager. When the duty manager is not on site it will be diverted to Careline.
There is a communal lounge, library, two communal laundry rooms, restaurant facilities, roof observatory/sun lounge.
Council Tax Band: D (Torbay)