Avon Castle, Ringwood, Hampshire

2 Bed Flat

Offers In The Region Of £300,000

A unique opportunity to acquire a two bedroom flat within the turret of Avon Castle, positioned within 4 acres of grounds with 230 yards of river frontage. Superb views across the Castle grounds, the River Avon and the water meadows beyond. Fantastic letting potential.

SUMMARY Formerly the seat of the Earl of Egmont, Avon Castle was constructed at considerable cost between 1875 and 1878 and formed part of a large agricultural and sporting estate of approximately 1300 acres. It is situated in a prime position on the banks of the beautiful Hampshire Avon, with spacious lawns to the front leading down to the river and a mature wooded backdrop to the rear, thus placing the castle in a spectacular setting with uninterrupted views across the river and water meadows beyond. The Castle is built in the medieval style with mullioned windows, castellated turrets and towers and a stone façade. It was converted into 10 residential flats in 1949, some of which, including the Turret, access their flats via the imposing main communal Reception Hall with its fine oak floor and panelling, ornate plasterwork and sweeping stone staircase. The Turret flat comprises the whole of the main central tower of the castle. It is accessed via its own private circular staircase enclosed within an attached staircase tower and enjoys complete privacy with no other flats adjoining or beneath it. It has three stories in total affording glorious views over the Castle grounds, the River Avon and the water meadows beyond. Because of its uniqueness and position within the castle the flat has excellent letting potential and could provide any future owner with a good return on their investment. No Onward Chain.

SITUATION The property is approximately 1.5 miles from the market town of Ringwood and is within easy reach of the
New Forest and the coast at Bournemouth. The main A31 dual carriageway runs through Ringwood
and provides a fast link to the M27 and M3 for travel to Southampton and beyond.

ACCOMMODATION From the main castle staircase, the front door of the flat leads into a small vestibule which has the benefit of a small cloaks/storage area. From here a winding staircase leads up to the first floor landing with access to the open plan kitchen/dining/living area and adjacent bathroom/toilet. The staircase continues up to the second floor which has two good sized, double bedrooms with far reaching views across the River Avon and Castle gardens and grounds. The staircase continues up to the third floor where a door opens onto the tower roof. This has a low, conical, slated roof enclosed within a castellated parapet wall affording easy and safe access to walk around for maintenance or repair. The roof area, which is approx. 20ft in diameter, would be ideal for further development in order to take in the far reaching and uninterrupted views across the river and water meadows beyond. There are detailed plans, drawn up for a previous owner, for flattening the roof in order to provide a private outdoor seating area. The staircase continues on up to where a covered hatch opens out onto a flat area of roof containing the original Castle flagpole holder. This area is again enclosed within a castellated parapet wall and has 360 degree far reaching views across the Avon Valley.

EXTERNALLY In total the grounds extend to just under 4 acres, with 230 yards of river frontage of which the residents have exclusive use. Avon Castle is approached by a private drive which leads down to a large gravelled forecourt in front of the Castle used by residents for parking. From here steps lead down to the riverbank and gardens. Access to the turret flat is via the main entrance doorway facing the forecourt.

SERVICES The castle is connected to mains drainage, water and electricity. The Turret flat has its own mains
water and electricity supply.

Council: East Dorset District Council
Tax Band B currently £1523 p.a
Water and sewage rates rateable value £51 currently approx £159 p.a combined.

LEASE The flat is held on a 999 year lease from 1966 with a £10 p.a ground rent. The lease is on a self repairing basis with the leaseholder being solely responsible for the maintenance and repair of the flat as demised. The owner is not required to make any contribution towards the maintenance or repair of the rest of the main castle structure, the costs of which are shared between the other 9 flats. As such, the owner has complete control over any expenditure to his own property. The leaseholder does, however, contribute 10% towards the shared costs of maintaining the gardens, grounds and the communal hallways, plus 5% towards the Buildings Insurance premium. A 5% charge is added to these costs for management purposes. Full details of the requisite contributions are contained within the lease and will be provided on request.

AGENTS NOTE The other 9 Leaseholders between them share the full cost of maintaining, repairing and renewing the main castle structure, both internal and external, including the foundations, walls, windows, doors, roofs, chimney stacks, rainwater pipes, external painting and the communal hot and cold water systems serving the other flats. The turret flat has no liability towards any of these costs, being solely responsible for its own maintenance and repairs.

The whole of the castle communal electricity system was replaced throughout the building in 2015
with new wiring etc, and a new emergency lighting system with motion detectors was installed in the
communal hallways.

A communal fire alarm system was installed throughout the building in 2018.

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