Bishops Avenue - All you need to know - Flipbook - Page 12
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Where completion on the Purchase takes place in any subsequent calendar year(s)
after the date of reservation, the Membership Fee is increased in line with index-linked
in昀氀ation (with a cap of 4% on any increase each year) on the 1st of January of each
year to calculate the starting Membership Fee on completion.
When you sell your apartment, we rebase the Membership Fee for the next buyer in line
with in昀氀ation over your period of ownership. Please refer to the ‘Riverstone’s “Value in
Choice”’ section on page 26 for further details.
If we want to change or add to the services for an additional cost, we will allow residents
to vote on the proposal 昀椀rst. We will only increase the Membership Fee if more than 50%
of residents vote in favour.
The monthly Membership Fee includes a £100 credit for you to spend in our on-site
restaurant each month.
Parking and Storage
Parking spaces are available to rent on a 12-month licence,
subject to availability. Car parking spaces cost £4,160 per year.
We o昀昀er an electric Club Car for resident hire
Storage unit costs at Riverstone Bishops Avenue vary depending
on size, starting from £2,500 per year
Ground rent
Not applicable
Utilities
You will pay for in-apartment cooling through Riverstone
Emergency response Emergency call response is covered by the Membership Fee
Care charges:
Personal Care and
We work with a number of CQC-registered expert partners
Nursing Care charges to ensure any care needs you have can be met. Rates vary
according to provider, complexity and number of hours of
care received. Details of their services are available from our
Wellbeing Team.
