53 Medway House
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Apartment
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Description
Welcome to this impressive two-bedroom apartment on the sixth floor with a large south facing private terrace. Upon entering, you are greeted by a separate hallway, leading on to an open plan living area with large doors that allow an abundance of natural light. The designated kitchen area is designed with convenience in mind, equipped with Neff integrated appliances including an oven, microwave, hob, fridge freezer and an AEG dishwasher along with a separate utility cupboard housing a Neff washer/dryer and additional storage. The two well-proportioned bedrooms offer a peaceful retreat, complete with built in wardrobes and generous windows. The master bedroom benefits from a separate dressing area and ensuite bathroom with walk in shower. This apartment is finished throughout in a light contemporary colour palette, offering a stylish and welcoming home. *** these pictures are for illustrative purposes only***
Paramount Place
Address
Paramount Place62 Mount Pleasant Road
Tunbridge Wells
Kent
TN1 1RB
Living in Paramount Place
Property Information
Furnish type: Unfurnished
Size: 1120.00 sq ft
Financial Information
Management fee: The management fee will vary depending on the Lease option selected. On the Guarantee Repayment, the management fee is £7,000 for both single and double occupancy. On the Open Market Lease the management fee is £12,000 for both single and double occupancy, The management fee will increase annually inline with CPIH from January 2027.
Assignment fee: The Deferred Management Fee (DMF) is calculated as a percentage of the sale price based on the length of ownership, when purchasing on the Guaranteed Repayment lease the DMF follows as such; 8% within the 1st year, 16% within the second year and 24% thereafter. When purchasing on the Open Market lease the DMF follows as such; 5% within the 1st year, 10% within the 2nd year, 15% within the 3rd year and 20% thereafter.
Please download the documents below to see the financial details for this property.
