• Available now
  • Retirement Living

Bungalow 8, Edwin Gardens

Quick view

  • Bedrooms 1
  • Floor G
  • Size 55.00m2

This spectacular 1 bedroom bungalow in Saffron Walden, Essex is part of the Edwin Gardens development from the award-winning McCarthy Stone. A private retirement bungalow, Bungalow 8 is low-maintenance and contains extra safety features. See the exclusive benefits and highlights this property has to offer in the development information.

Key property information

Opening hours: Sales office open Tues - Sat 10.30 – 17:00

0800 201 4811

Purchase

  • £364,995

Our service charge explained

Floor plan
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Ground Floor Bungalow 8 Total size: 55.00m2

Floor plan
Site plan
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Bungalows Bungalow 8

Energy Performance Certificate

Energy Performance Rating

The graph shows the current energy efficiency of your home. The higher the rating the lower your fuel bills are likely to be. Dwellings in England and in Wales have a median energy efficiency rating in band D, with scores of 68 and 66, respectively. The EPC rating shown here is based on standard assumptions about occupancy and energy use and may not reflect how energy is consumed by individual occupants.

Energy Performance Rating

Key features for Bungalow 8

  • South facing

This property is part of Edwin Gardens

Leverett Way, Saffron Walden, Essex, CB10 2NG
saffron walden retirement properties for sale rent

What we can offer

  • 1-2 bedroom properties
  • Available Now
  • Retirement Living
View development

This retirement property is available for sale

From selling your existing home to moving in, our lovely Sales Consultants go above and beyond to make the process as easy as possible. Ask us about Smooth Move—where you’ll get help towards estate agent and legal fees as well as free removals— or part exchange where you’ll benefit from a guaranteed house sale.

This is a freehold property.

New build - Council tax band to be determined

You can buy properties on this development. If you’d like to own your retirement property, we can help make the move as stress-free as possible, including support with packing and removals. If you have a home to sell, we can even act as a cash buyer, so you’ll avoid chains and estate agent fees.

  • Upkeep of front gardens
  • Road maintenance lighting and drainage

What's not included?

  • Electricity, heating and lighting (apartments)
  • Home and contents insurance
  • Council tax
  • Phone / Broadband
  • TV licence / TV service

1 Bedroom Bungalow
Service Charge * £14.80

* Reviewed annually

Our service charges are fixed on an annual cycle and reflect the costs of the services we procure on behalf of our homeowners.

We share the individual costs that make up the service charge with homeowners and outline the methods for calculating the resulting charge. The service charge for each year is agreed in consultation with homeowners through an open book budgeting process.

We do our very best to negotiate the best cost with third party service providers on behalf of our homeowners. As part of our system of checks and controls to ensure they are treated fairly, we regularly monitor service charges in our managed schemes against current market practices and third party providers to ensure we offer competitive rates. We have developed a simple chart to help Customers make a direct comparison for use during the sales process and a full breakdown of the service charge budget is available from our Sales teams and House Managers at all new developments

Many of our homeowners are pleased to find that the service charges for their property tend to work out at less than what they were paying in like-for-like costs at their previous property.

Energy bills often turn out to be lower thanks to the modern construction methods we use at all our developments. Your new property is also likely to be a more manageable size and so cheaper to run.

When Customers discuss the purchase of a McCarthy Stone property with us, they receive a service charge leaflet and our Sales Executive sits down with them to help them fill in the costs, review what is covered in the management services and compare them to day-to-day running costs in their current home.  Our Sales Executive ensures that they have a detailed knowledge of ongoing costs before a sale is completed.

The service charge budgets represent those costs that would be expected to be incurred in a normal year of operation with a full development. It is the intention of McCarthy & Stone Management Services to ensure the service charge budgets are set as accurately as possible. Where possible, we try to keep annual increases in line with inflation although certain costs such as Utilities can have inflationary pressures that are outside of our control. Typically, our developments have shown a slight surplus to date, which is refunded each year to homeowners within six months of the end of the period. 

It is important that customers do not face any unexpected financial burdens in their new home resulting from, for example, the need to undertake any major refurbishment or structural repairs on the development. In order to provide confidence that there is enough money available to meet this work, the service charge includes a small charge to help cover unexpected costs such as these. This is called the Contingency Fund, and is similar to a ‘sinking fund’. It is a specific fund kept in the development’s own bank account. It is held in trust and its use is restricted to the maintenance of that development and cannot be accessed by McCarthy Stone. It is there for the benefit of all homeowners and finances the replacement of carpets and furniture in the shared areas and longer-term repairs and renewals such as roofs, window frames and replacement of lifts.

In order to keep this weekly cost – and hence the service charge – to a minimum, the development’s specific Contingency Fund is ‘topped up’ by a one-off charge of a percentage of the resale price upon the sale of the apartment, in addition to a small charge in the service charge.

With regard to subletting on leases prior to October 2014, we will charge a concessionary rate (irrespective of the provisions in the lease, which may be higher) of one month’s rent for each year that the apartment is sublet (or pro-rata for less than a year).

This is a concession from the terms of the lease which are in essence one month’s rent for each six month sublet period.  This concession will apply for a maximum period of two years, after which time we will revert to the terms of the lease. 

For leases from October 2014, the subletting contingency fee has been reduced to a contingency fee of a small percentage of the annual rent (or pro-rata for under-letting of less than one year).  Where the underletting is for more than a year, the contingency fee is a small percentage of the annual rent payable annually on the anniversary of the commencement of the term.

There is also a small administration fee collected by MSMS / YLMS to cover their costs to check that the incoming occupier meets the terms of the deed of conditions (i.e. meets the age criteria and is capable of leading an independent life) and provide information about the development, the service charge and insurance. Contact our Property Transfer team on 01202 508299 for more details.

We have an expert resales team for people selling our retirement properties, with an extensive database of customers waiting to move in. This helps us to sell faster and at a better price than traditional estate agents. On average the McCarthy Stone Resales team achieve a net price increase on the retirement properties they sell. For example, for properties bought new in the last three years and since resold, the net increase averages 6%. View resale retirement homes.

How much is the service charge?

  • £14.80 per week reviewed annually

We don't make a penny from our service charges

Your service charge covers the services and amenities you enjoy at this development for a safe, comfortable, sociable and happy retirement. It includes things like wages for your on-site team, security systems and keeping communal spaces and gardens spick and span—and it’s all provided at cost price.

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What is included in the service charge

  • Upkeep of front gardens
  • Road maintenance lighting and drainage
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Ask about our FREE entitlements advice

Our Entitlements Manager can help you to claim money you didn’t know you where entitled to, or perhaps have been refused before.

  • Attendance Allowance
  • Pension Credit
  • Carer’s Allowance
  • Housing Benefit
  • Council Tax Reduction

Find out more