Tremendous opportunity for a buyer to purchase a 25% share in this lovely, recently constructed semi detached house. Superbly presented with tasteful decor, floor coverings & fitments. Other attractions include sunny low maintenance rear garden, double width block paved driveway, gas central heating, upvc double glazing and balance of NHBC warranty. The layout comprises: entrance lobby, guest cloakroom, lounge, ultra modern kitchen / diner with built in oven, hob extractor hood, fridge & freezer, and sin room to the ground floor. The first floor comprises- landing, three bedrooms with built in wardrobes to master and well appointed bathroom/wc. ‘Shared Ownership’ is designed to help people get on the property ladder with the opportunity to eventually own the property outright or increase their equity in the property over a period of time. Rent is payable on the percentage share owned by the co owner ( housing association). In this instance it is £301.92 per month, further details of this scheme are available on request.

ENTRANCE LOBBY

CLOAKS/WC

LOUNGE 14’3” (4.34m) x 12’5” (3.78m)

DINING KITCHEN 16’5” (5.00m) x 9’0” (2.74m)

SUNROOM 7’7” (2.31m) x 8’0” (2.44m)

BEDROOM ONE 12’0” (3.66m) x 8’6” (2.59m)

BEDROOM TWO 10’4” (3.15m) x 8’6” (2.59m)

BEDROOM THREE 7’8” (2.33m) x 7’7” (2.31m)

BATHROOM / WC

PRIMARY SERVICES SUPPLY

Electricity: MAINS

Water: MAINS

Sewerage : MAINS

Heating: MAINS

Broadband: FIBRE (Cabinet)

Mobile Signal Coverage Blackspot: NO

Parking: DRIVEWAY

MINING

The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity. The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any.

RESTRICTIONS AND RIGHTS

Listed? NO

Restrictions on property? YES – Can’t run a business, cant sub let

Easements, servitudes or wayleaves? NO

Public rights of way through the property? NO

ACCESSIBILITY

This property has no accessibility adaptations.

TENURE

Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser

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: 25%

Rent Payable on Remaining Share: £301.92 per month

Ground Rent: N/A

Monthly Lease Management Fee – £23.52

Annual Buildings Insurance – £8.77 

Length of Lease: 125 years from 10/08/2020

COUNCIL TAX BAND: A
EPC RATING:  B