Asking Price
Band A
Leasehold
Our client advises: the current service charge payment is £125 per month, additionally the block is managed by residents, Dale house management ltd. DHMC has nine shares, one for each flat.The purchase of a flat automatically includes the purchase of one share. On purchase of a flat the company charges the new owner £1 to cover any administration costs we may incur. Shareholders can choose to become Directors of the company if they wish. Not all do. Since we own the freehold, it would be silly to pay ourselves ground rent. The monthly Service Charge covers all the outgoings necessary to run the block. Our research shows there are over 900 years remaining on the lease. Small percentage of sale price taken by Dale House Management Company Limited on sale of property, which goes into the companies sinking fund. This information should be verified by your Solicitor.
Leads to communal hall - useful store accessed from this area
Store closet
Well kept mature communal gardens and garage.
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