Pound Lane, Hadleigh, Ipswich

ABOUT THE APARTMENT:
Set in one of Hadleigh's most beautiful settings close to the Church, The Deanery and the Guildhall is this smart one bedroom ground floor apartment benefiting from its own private entrance and neatly tucked away around the back of this stunning Period Hall, literally just a few minutes walk into the heart of this thriving market town. We feel the apartment is a great opportunity to step onto the property ladder and own your first home or equally as a buy to let investment. The difference with this apartment though is that it includes a provisional agreement from the management company to purchase the entire top floor loft space above the apartment which potentially provides a wonderful opportunity to convert into more living space subject to the local authority consent. Interestingly, a neighbouring apartment has also done this previously. Inside there is plenty of useful storage cupboards, a living room with large window overlooking the garden, a separate bedroom along with a fitted kitchen and bathroom. The external grounds are communal and very pleasant with views of the Church and a decent sized lawn enclosed by a high red brick wall. The apartment also has the benefit of communal parking and is offered with no onward chain.

GENERAL INFO:
The owner has an email from the current directors of the Hadleigh Hall Residents Association confirming a provisional agreement in principle to sell the loft area directly above the apartment. Any conversion would be subject to the standard local authority planning approval and the terms of the management company, the figure mentioned was £14'000. A neighbouring apartment has done the same thing in the past so there is some history with this being done already. We understand the property currently has a band A council tax rating. All main services are connected with the exception of gas, the apartment has electric storage heaters. The external grounds are all maintained by one of the owners on site.

LEASE INFO:
Each of the apartments is a director of the Hadleigh Hall Residents Association through which the freehold of the property is owned and the maintenance of the building managed. The total management charge is £1096 per year and we understand that the owner has paid this up until the end of Jan 2020. The original lease was granted of 99 years from 2002 .