Opportunity to acquire a quarter share in a bright spacious two bedroom first floor apartment in the ever popular Northwood Court development, an established retirement complex in Broughty Ferry. A 25% share of the property is offered for sale with the remaining three quarter share being owned by Caledonia Housing Association to whom a monthly rent and payment towards upkeep of common parts and common buildings insurance is paid. The current monthly payment to Caledonia Housing Association is approximately £262.00. There is a minimum age requirement for purchase of the property currently 55 years.
The subjects are in a well maintained condition and benefit from electric storage heating and are double glazed throughout. The bathroom benefits from a large walk in shower with a white suite and the subjects have open views to the south and over lightly wooded parkland to the north.
The property lies on the first floor and is entered by a well maintained common access area which is maintained by Caledonia Housing Association as are the beautiful wooded grounds.
Viewing of the property is highly recommended to appreciate the subjects on offer.
40 Northwood Court, 114 Strathern Road, Broughty Ferry, Dundee, DD5 1JW