Castle Village is exclusively for residents aged 55 and older, with admission subject to a village manager interview. The service charge includes extensive services including estate management, building maintenance, grounds care, insurance, communal area utilities, external maintenance, and window cleaning. It also covers one hour of weekly domestic cleaning which includes a weekly collection of all bed linen, which is cleaned ironed and returned to the property. Properties are equipped with emergency call systems, backed by 24/7 on-site health professionals, and a weekly on-site GP surgery for consultations and prescriptions, offering residents peace of mind and convenience.
Castle Village is located on the outskirts of Berkhamsted, a popular and affluent commuter town with the facilities you would expect of a thriving community. It’s the perfect location from which to explore the wider area, with easy links to St Albans and London, as well as miles of countryside on your doorstep.
LEASE AND ASSIGNMENT FEE Option 1- Owners of a Retirement Villages lease are required to pay an assignment fee on the re-sale of the property, which is a percentage of the sale value as defined in the lease of 10% on completion.
LEASEHOLD:- 125 Years from 14th February 2000 MAINTENANCE: - Band C - £11,680 per year (plus £200 per annum for joint occupancy).
GROUND RENT:- £250 per annum
LEASE AND ASSIGNMENT FEE Option 2:- Owners of a Retirement Villages lease are required to pay an assignment fee on the re-sale of the property, which is a percentage of the sale value as defined in the lease. The proportion of the sales price payable changes: it is 4% for a sale in the first year, 8% for a sale in the second year, 12% for a sale in the third year, 16% for a sale in the fourth year, and 20% for all sales after the fifth year.
LEASEHOLD:- With a new 999 year lease
Management Fee: - £8,884.81 per annum
GROUND RENT:- N/A.
COUNCIL TAX:- Band D
EPC:- Rating C
Important Information
Property Ref: SOV260052
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