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£450,000

University Farm, Moreton-in-marsh, GL56

  • 3 beds
Cottage

£450,000

  • 3 beds
Cottage
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Estimate monthly mortgage payment:

£2,054 per month

Minimum deposit amount:

£22,500
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A three bedroom cottage with conservatory, garden and garage. The property is located on a purpose-built retirement development for the over 55s. Management services are provided by Cognatum Estates, a not-for-profit organisation and one of the UK's leading companies in retirement housing. University House contains a number of apartments, all accessible by lift and with video entry. An archway and brick-paved road then lead on through to the two- and three-bedroom cottages and swimming pavilion, all built in brick and local stone around an attractive garden square. The original estate has now expanded twice, with more cottages built around the town duck pond off Parkers Lane. Moreton-in-Marsh’s broad high street is lined with buildings in the local, honey-coloured Cotswold stone, although these become almost obscured from view on market days when over 100 stalls set up and sell their wares. The town boasts a wide selection of shops, including butchers, bakers and grocers, as well as a number of antique shops, art galleries, pubs, restaurants and hotels. It is one of the most accessible Cotswold towns, lying on major north-south and east-west routes, and in addition to the wonderful cities of Oxford, Worcester and Royal Leamington Spa all being within 30 miles there are also excellent train services to the Midlands and London. The highly-rated gardens of Batsford Arboretum are right on the doorstep of the estate, the intriguing Jacobean country house situated at Chastleton is only slightly further afield and nearby Longborough is home to one of the UK's finest country opera houses. Cognatum Estates 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 personal alarm system in each property and resident estate managers are on hand to provide support and help when needed, making this an ideal 'Lock Up & Leave' property.   The cost of providing these services is shared equally between all properties. There are no restrictions on owning a property except that one resident must be over 55 years of age. 999 lease (from 1984). No ground rent. 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 Manager 01608 652 194 / 07384 113 157

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£1,250
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£999
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