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Apartment 49, Emmandjay Court, Valley Drive, Ilkley, LS29

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Guide price £319,950

This very well appinted and good sized two bedroom apartment offers an opportunity for people over 60 to live in this purpose built development. This apartment has 24 hour support and care available if required, offering independent living with total peace of mind.

Emmandjay Court is a purpose built development of 56 apartments which are available for purchase, shared ownership and a limited number available for rent.

The development overlooks some stunning views of the Yorkshire Moors and is situated close to public transport links, shops, post office and a newsagent. The development offers the privacy and pleasure of your own home within a friendly community, 24 hour specialist care and support, the latest safety and security features, and a social programme of activities and events for the residents' enjoyment.

Shared communal facilities include: residents' lounge with IT facilities; platinum room with library facilities; en-suite guest room; assisted bathroom; shared gardens for outdoor enjoyment; café bistro.

The accommodation briefly provides: lounge / dining area with balcony, fully fitted kitchen with fan assisted double oven, electric hob, extractor hood and space for a fridge / freezer, washer / dryer and dishwasher, master bedroom with en-suite, second bedroom, and bathroom with level access shower. The apartment has the benefit of specialist flooring in kitchen and bathroom to reduce slip hazards, raised power points, security optical door viewer and 24 hour emergency assistance call system.

Specialist features include an on-site care team available 24 hours a day, optional flexible quality care if needed, an extensive social programme, 24 hour emergency assistance, and optional daily contact for assurance.

Agent's Notes

Leasehold. 125 years from and including 1st January 2012.

Cost of moving into the property:

A reservation fee of £1,000 is payable if purchased from MHA. Agreed between the parties for a private sale.

MHA do not charge for a care assessment. The person moving in will be responsible for their own legal and removal costs.

Service Charge 1-bed: £502.90 per month (per apartment), 2-bed: £527.04 per month (per apartment)

Note: Leaseholders are charged on a calendar monthly basis in line with the terms of the lease.

For illustration purposes, the weekly service charges are:

1-bed: £115.74 per week (per apartment)
2-bed: £121.29 per week (per apartment)

This is payable in advance for the month ahead.
This covers communal cleaning and maintenance, external window cleaning, water and sewerage, buildings insurance and estate management. It includes the costs of heating, lighting, and water for the communal areas.

MHA does not receive any incentives from suppliers for services paid for through the service charge.

Heating, hot water and water is included in the service charge. Residents are responsible for their own electricity.

Wellbeing Charge

£293.30 per month (per apartment)

Note: Leaseholders are charged on a calendar monthly basis in line with the terms of the lease. For illustration purposes, the weekly wellbeing charge is:

£67.50 per week (per apartment)

This is payable in advance for the month ahead.
This includes 24-hour staffing on site, help in an emergency and the coordination of an activities and events programme.

Ground Rent

£345 to £534 per annum.

The Ground rent for the properties at Emmandjay Court is determined by the size of the property and the lease date. Please see the lease for the ground rent amount for a specific apartment. If you both exchanged contracts and also completed a new lease on or after 1st April 2023, you will not be required to pay ground rent due to changes in the law. Your lease itself will contain further details regarding this.

Charges when leaving, selling or subletting the property:

A contribution to the Contingency Fund is payable on sale or a transfer of ownership. The Fund covers spending for the repair or renewal of communal areas, roofs lifts, etc. The contribution is 1 % of the ''open market value' at the point of sale/ transfer, for each year or part-year of ownership.

For example: a leaseholder who sells a property owned for five years for £250,000 will have to pay £12,500 calculated as follows:

• 1% of £250,000 = £2,500
• 5 years x £2,500 = £12,500

MHA Administration Fee for sale
Covers the costs of processing sale documents, dealing with enquiries from solicitors, and signing documents. The fee will be at least £372 including VAT.

The owner (or the owner's estate) will remain liable for all charges due until the buy back or resale has been completed. This includes service charges, wellbeing charges and ground rent charges as applicable. Owners to redecorate at least once in every seven years and in the event that the property is being sold back to MHA, the owners may need to redecorate otherwise they may be charged for any repairs and redecoration that MHA deems necessary to put the property in good order for them to resell. Owners will have to pay the usual costs associated with any property sale.

The leasehold properties at Emmandjay Court are Non-Guaranteed Buy Backs, therefore, MHA has an option to buy-back if they wish.
If MHA chooses to exercise this option, they will buy back the property at 95% of the open market value as determined by an independent valuer.

Directions
From Dacre, Son & Hartley Estate Agents Ilkley head south on Wells Road towards Whitton Croft Road.Turn right onto Queen's Road, then turn right at the 1st cross street onto Wells Promenade. Take the turning right onto Station Road/B6382 and go through 1 roundabout. Take the turning left onto Valley Drive and turn right into Emmandjay Court.

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1-5 The Grove Ilkley West Yorkshire LS29 9HS

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