1 The Laurels

Overview

Gallery

Floorplan

Kitchen

2,660mm x 3,510mm

8' 9" x 11' 7"

Living/Dining Room

4,120mm x 6,930mm

13' 7" x 22' 9"

Bedroom 1

4,080mm x 4,780mm

13' 5" x 15' 9"

Bedroom 2

2,660mm x 4,030mm

8' 9" x 13' 3"

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Location

Details

Kitchens

Stylish designer kitchens by Alno AG Group
Composite stone worktops with upstand (excepting utility rooms)
A range of high quality integrated electric appliances including an oven, combination microwave, hob, extractor hood, fridge/freezer, washer/dryer and dishwasher
Stainless steel sink and ceramic floor tiles

Finishing Touches

Painted panelled doors (cottages) or oak veneered flush doors (apartments) with elegant brushed metal door furniture
Bedrooms feature built-in wardrobes, where indicated
Profiled skirting boards and architraves with a satin finish
Cornices or coving to selected rooms
Smooth, white-painted ceilings

Energy Efficiency

All new homes will be highly energy efficient; the external walls and roof having been designed to high thermal efficiency standards
The properties benefit from an energy efficient ventilation system

Bathrooms

Elegant white sanitaryware from Villeroy & Boch and Kaldewei
Complementary fittings by Hansgrohe
Ceramic wall tiling; full-height to shower rooms and half-height to bathrooms
Ceramic floor tiles
Fitted mirrored cabinet
Electric shaver point

Heating & Electrics

Electric air source heat pump system providing under floor heating and hot water
Chrome heated towel rails in bathrooms, wet rooms and shower rooms
Supplementary domestic hot water heating by means of an immersion heater
Double-glazed windows throughout
External light and door bell
Wiring and television points compatible for use with Freeview and Satellite TV including Sky Multi-room
Ample power, television and telephone points, strategically placed throughout the properties

Security & Peace of Mind

Mains smoke detectors with battery back-up
Independent call alarm system linked to Manager’s office within designated hours. Linked to UK out of hours call centre outside these times
NHBC 10-year Buildmark warranty

Finance

For resales

Financial information for resales

Tenure

Leasehold

Service Charge

All residents pay a contribution to the running costs of the communal village facilities, support services and maintenance of the communal buildings and grounds; this is known as the ‘service charge’.

The service charge is divided into a number of components. The service charge budget is raised in advance and is split equally between all properties. You will only be responsible for your proportion of the service charge for your property, and we will be responsible for the service charge on any unsold or unlet properties.

At Great Lane Park, the service charge will be £9,354 per year (£9,929 for double-occupancy) divided into monthly payments, £779.50 pcm (£827.42 pcm for double-occupancy).

Ground rent

If the resale property was purchased before April 1st 2023 then ground rent may apply to your property, our sales teams will be able to provide you with that information and a complete calculation on what that means in terms of monthly expenditure.

If the resale property was purchased after April 1st 2023, there is a nominal ‘peppercorn’ rent (if demanded). In effect, no ground rent is payable.

Utilities

The utility services are metered and charged to individual properties on a monthly basis, as would be the case in any property. Utility providers are selected by residents. Water is billed direct by the provider.

Event Fee

The event fee is calculated by reference to a percentage of the sale price. The percentage payable is 5% of the selling price in the first three years of your ownership, 10% in year 4 and thereafter.

Buyers also have the option instead of paying the event fee as an agreed percentage (currently set at 10%) of the purchase price prior to the completion of the purchase.

To gain more of an insight into what this looks like, we have provided some worked examples to show you in more detail, please see the Great Alne Park Event Fee – Worked Example Sheet below.

Bespoke illustrations can be provided for customers for any specific property, sale value and percentage change in value.

Disclaimer

We are committed to providing clear, accessible information and support for all prospective residents, including those who may be considered vulnerable. If you require this information in an alternative format or need additional assistance, please contact us.

We have taken every care to ensure the accuracy of this information, but you will need to refer to the legal documentation which, when made available, will cover in detail the rights and obligations of the parties, together with the commercial terms that will apply to our contracts.

We encourage you to discuss your housing options with your family and friends, and to seek independent legal, financial / benefits and any other appropriate advice, support, and representation, in connection with a move to an integrated retirement community. To help with a broader understanding of this independent retirement community, we have also added the Key Facts Sheet that gives a general overview of this community which you may find helpful.

Key Facts Worked Examples