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