Clarke Gammon
4 Quarry Street
Guildford
Surrey
GU1 3TY
A first floor studio apartment offering an ideal opportunity for first-time buyers or investors seeking a convenient and low-maintenance home in the heart of Guildford.
Perfectly positioned just a quarter mile from Guildford's vibrant High Street, offering an abundance of shops, restaurants, and cafes, Regal Court offers both comfort and convenience in an unbeatable location.
The property features a bright and open studio living space with plenty of natural light, providing room for both living and sleeping areas. while the kitchen is neatly separated from the main space, offering ample storage and worktop surfaces. The bathroom comprises shower over bath, hand wash basin and wc.
Further benefits include secure entry and private parking as well as well-maintained communal areas.
For the commuter there is a choice of two train stations with London Road the nearest and mainline Guildford located on the west side of the town, both offering direct lines into London Waterloo.
LEASEHOLD INFORMATION :-
Current Ground Rent: £25 every 6 months
GROUND RENT SCHEDULE: £36 p.a. for first 25 years; £50 pa for the next 25 years; £75 pa for
the next 25 years; and £100 pa for the remainder of the lease.
2026/27 Service Charge: £707 every 6 months
Sinking fund/additional management funds due in June & November
LEASE TERM: 99 YEARS FROM 24th JUNE 1979
UNEXPIRED LEASE TERM: 52.83 YEARS FROM AUGUST 2026.
OPTION TO START LEASE EXTENSION AT POINT OF SALE AGREED WILL BE OFFERED TO ANYONE REQUIRING A MORTGAGE.
Estimated cost to extend lease by a further 90 years is £20,000 - £30,000 (exact amount is yet to be determined as is currently being processed).
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