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A modern 2 bedroom mid link bungalow for the over 55s tucked away in this pleasant residential cul-de-sac in South Gosforth. The property benefits from UPVC double glazing, gas fired central heating, conservatory, and private garden to the rear. It is conveniently located within easy walking distance to local shops and amenities as well as South Gosforth metro station. The Freeman Hospital and Jesmond Dene are close by.
Disclaimer: Eligibility criteria applies – Please speak to agent.
Tenure: Leasehold (Shared Ownership)
It is understood that this property is Shared Ownership. Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Share For Sale: Price £101,500 (70% of the 100% market value £145,000)
Rent Payable on Remaining Share: TBC
Ground Rent: N/A
Service Charge: £306.55 per annum – Review Period: 1st April 2026
Management Charges: £243.55 per annum – Review Period: 1st April 2026
Insurance Charges: £396.00 per annum – Review Period: 1st April 2026
Length of Lease: 60 years from 2021 (47 years remaining)
Council Tax Band: B
EPC Rating: C
PRIMARY SERVICES SUPPLY
Electricity: Mains
Water: Mains
Sewerage: Mains
Heating: Gas
Broadband: TBC
Mobile Signal Coverage Blackspot: No
Parking: Communal Parking
MINING
The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search. Confirmation should be sought from a conveyancer as to its effect on the property, if any.
AGENTS NOTE
‘The sale of this property is subject to grant of probate. Please seek an update from the branch with regards to the potential timeframes involved.’
RESTRICTIONS AND RIGHTS
Restrictions on property? Yes: No running a business, sub-letting, parking boats, caravans or mobile homes on site.
ACCESSIBILITY
This property has accessibility adaptations:
• Suitable for wheelchair user
• Level access
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