Apartments

Apartments are sold on a long leasehold basis – 250 years from and including 1st November 2018.

Apartments can be reserved on payment of a £2,500 deposit. If you decide to withdraw your reservation outside our cooling-off period of fourteen days, prior to exchange of sale contract, we reserve the right to retain an amount to cover any reasonable costs incurred up to a maximum value of £500. If the sale proceeds, the fee will be deducted from the final purchase price.

We are also able offer a part exchange service through a trusted partner (Silverbridge Properties). Please speak to a member of the sales team for more detail.

You are responsible for paying your own legal and moving costs, and any Stamp Duty Land Tax (SDLT) that may be payable.

What Community Fees do I have to pay?

We aim to offer all our homeowners at Castle View a high standard of living, quality communal facilities, excellent levels of service and most importantly – financial peace of mind.

To relieve you of any financial concerns, we simply have two separate community fees – a monthly community fee and a deferred community fee. These fees ensure we have sufficient funds to cover all the ongoing costs of running Castle View and the expense of any works required.

Monthly Community Fee

Homeowners are required to pay in advance each month the monthly community fee (called a ‘building management fee’ in the Castle View lease).

The fee covers key services such as:

• Peace of mind in knowing that a member of the team is on site and on duty 365 days a year 24/7
• Buildings insurance (for your home and the village)
• Communal utilities (electricity, gas, water and Wi-Fi)
• Landscaped gardens upkeep and maintenance of roads and pathways
• External window cleaning including all balcony glazing
• Cleaning of all communal areas
• Day-to-day health and safety including the servicing, maintenance and upkeep of the buildings and facilities

• Annual maintenance of the heating and hot water unit in each property
• Access to a range of social, leisure and wellbeing activities
• Preferential rates in the bistro, bar and café
• Management Fee (for central HR, accountancy and legal services, etc)

This charge is currently fixed for 5 years and will be re-evaluated in December 2028.

As our apartment sizes differ, the charges will also differ too. Please speak to a member of staff for specific information on each individual apartment. As a guide; 

• 1 bed – from £5,833 to £6,688 per year (£486 to £557.50 per month)
• 2 bed – from £7,533.50 to £9,158 per year (£628 to £763 per month) 
• 2+ bed & rooftop – from £9,652 to £11,257.50 per year (£804 – £938 per month)

Deferred Community Fee

The deferred community fee (called a deferred management fee in the Castle View Lease), is a fee payable on sale or transfer of ownership of your property.

The fee contributes to the long-term costs of maintenance and capital replacement, and covers our marketing and estate agency costs where we act on your behalf when selling your property at Castle View. The fee helps to maintain the high standard of the village and thereby to support resale values.

It is capped at 20% of the open market value at the point of sale or transfer and is calculated on a sliding scale depending upon the number of years or part-years for which you have owned your property.

For more details about the Community Fees, please ask our Sales Team for a copy of the Purchase Fact Sheet.

Car park spaces in the underground car park can be purchased for £25,000 (one space per apartment).

These can then be sold at any time, independently of when the apartment is sold. The car park is secured by a shutter, cameras and has lift access straight to the each floor.

Each apartment is fitted with state of the art appliances.  Homeowners utilise the following as standard:

• Neff Electric Microwave
• Neff Electric oven
• Neff Fridge Freezer
• Neff Hob and extractor hood
• Neff Dish Washer
• Bosch Washing Machine
• Bosch Tumble Dryer (Condenser)