Grove Place

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£150,000

Location: Central

Lease: Lease expires 27th July 2042

Date Available: Immediate possession subject to contracts

Market: Open market leasehold sale

Grove Place is a block and render timber-frame house with partial external wooden cladding.  This open market property is located only a short distance from the village with easy access to the Harbour as well as many other amenities.  Grove Place is a detached 2-bedroom, 1-bathroom house that is a well-established functional property providing comfortable accommodation.  It is in good condition throughout and has attractive surrounding gardens. 

This centrally located 2-story home combines charm with modern comfort.  The private outdoor area is perfect for relaxation and entertaining, featuring a small pergola adorned with climbing plants.  This property offers a unique blend of indoor and outdoor living, making it an ideal home for those who love to entertain or simply enjoy a peaceful retreat.

With anticipated RPI and lease terms, the vendor estimates an amount of £54,000 for an extension to the year 2072.

Grove Place has mains electricity, an oil-fired boiler for central heating and hot water and LPG gas bottles for cooking.  The water is supplied by the property’s own borehole and has its own sewage system.

Term: Lease expires 27th July 2042

Ground Rent: £623.76 with a 5-year RPI increase next due on 27th July 2025.

Property Tax: £563.20 per annum at the 2025 rate of £17.60 per domestic ‘quarter’.  The measurements of the property equate to 32 quarters.

Viewing: Strictly by appointment only through Sark Estate Agents as the Vendor’s sole agents.

Possession: Immediate possession subject to contracts

Price: £150,000