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£355,000

Penstones Court, Marlborough Lane, Faringdon, SN7

  • 2 beds
Cottage

£355,000

  • 2 beds
Cottage
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Estimate monthly mortgage payment:

£1,621 per month

Minimum deposit amount:

£17,750
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This two-bedroom end terrace cottage with patio garden and garage is set in landscaped gardens with views across the Vale of the Whitehorse. The property is located on a purpose built development for the over 55's. Management services are provided by Cognatum Estates, a not for profit organisation and one of the UK's leading companies in retirement housing. The properties of Penstones Court, set in the former farmyard of Penstones Farm, are built from local stone and finished with clay-tile roofs, integrating beautifully with the traditional local architecture. The two and three-bedroom cottages, some with additional features such as sun rooms or conservatories, are arranged around an attractive garden courtyard. The grounds are quite exceptional with a large paddock, a big natural pond, a croquet lawn, a grassed area for golf 'chipping' practice and an allotment area for keen gardeners. The estate offers unbroken views over the Vale of the White Horse. Stanford-in-the-Vale is a lively village that, in medieval days, rivalled nearby Abingdon for its market place, and it remains a thriving community with many active clubs and societies, as well as a hairdresser, post office, newsagent and supermarket all within a few minutes' walk. The Vale of the White Horse takes its name from the Bronze-Age figure carved into the hill above Uffington five miles away. White Horse Hill, now maintained by the National Trust, is a wonderful place to walk with commanding views over six counties. The estate is also only a short drive away from the 670 square miles of beautiful countryside in the North Wessex Downs Area of Outstanding Natural Beauty. Cognatum Estates Limited maintains, repairs and insures all the buildings, arranges the window cleaning and refuse collection and tends to the gardens and grounds thereby freeing owners and residents from these responsibilities. There is a laundry facility on site and a guest suite provides comfortable accommodation for family and friends. A minibus is available to take residents on regular shopping and other trips. Resident Estate Managers make this an ideal 'Lock Up & Leave' property and are on hand to provide support and help when needed. The cost of providing these services is shared equally between all properties. 150 year lease (from 1993), no ground rent and 55+ age covenant. Please Note: Upon resale of the property, Cognatum Estates management company charge £500 plus VAT for the leasehold pack, payable by the vendor. For viewings please contact the Estate Managers 01367 710139 / 07384 112 620

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