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Property Listing Details

Property details

  • 2 bedrooms
  • 2 bathrooms

Features

  • Leasehold
  • Over 55’s scheme
  • 70% share available for just £52,500
  • Convenient off street parking
  • Two double bedrooms
  • Enclosed rear garden for your privacy
  • Washing machine included
  • Two bathrooms including a walk in shower
  • On-site resident’s community centre, offering social events

Listing view statistics

Last 30 days: 154 page views

Since listed: 2152 page views

Description

Please quote reference BLE204 when enquiring.

New beginnings could start here with this lovely two bedroom over 55s scheme. Situated in a quiet cul-de-sac in the village of Albany, Could this be the ideal move for you?

We're pretty pleased to share this perfectly placed property located approximately one mile to the centre of Washington and within walking distance to The Galleries shopping centre.

2-bedroom House
Price - £52,500*

Service charge - £708.28pa

This represents a 70% share of the full open market value of £75,000
This includes: Building fund, Management charge, Insurance charge and service charge. This is reviewed on an annual basis.

Eligibility requirements:
-Applicants must be aged 55 or over.
-Applicants must have sufficient funds to either purchase the 70% share outright, or to obtain a mortgage.
-Sufficient funds to cover the cost of buying.

We work with a third party, Share to Buy, to determine whether a property is affordable to an applicant? We will share further details about this process should you wish to proceed with an application after you have viewed the property.

Entrance porch and hallway with stairs leading to the first floor.
Living room (3.85m x 3.78m) with window to the front aspect.
Kitchen (3m x 2.53m) has wall and base units, gas oven, electric hob, partially tiled walls and window to the rear aspect. Washing machine included.
Dining room (4m x 2.18m).
Downstairs shower room with WC and wash basin.
Master bedroom (3.2m x 3m) with fitted wardrobes and window to the front aspect.
Second bedroom (4.0m x 2.7m) with fitted wardrobes and window to the rear aspect.
Bathroom with WC, bath, wash basin and partially tiled walls.
Enclosed rear garden.
Off-street parking.

General information:
-Lease: 60 Years (S & R)
-Local Authority: Sunderland City Council
-Council Tax Band: A
-EPC Rating: D

Terms and conditions:
- Applicants must be aged 55 or over and have a local connection to Tyne & Wear. Priority is given to those registered with Help to Buy North East Yorkshire and Humberside. A financial assessment to determine prospective buyers' eligibility is required prior to being accepted to purchase (further information is available on request)

- Viewings are held strictly by appointment - call today to arrange a mutually convenient time.

If, after viewing the property, you would like to make an offer please register your interest with the Resales Team.

You could get

Superfast broadband Superfast broadband

Up to 100 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Heworth 3.3 miles
  • Chester-le-Street 4.1 miles
  • Washington Academy 0.2 miles
  • Albany Village Primary School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Heworth 3.3 miles
  • Chester-le-Street 4.1 miles
  • Washington Academy 0.2 miles
  • Albany Village Primary School 0.3 miles

Market stats

Sale activity

Average estimated value for a house in NE37:

  • £96,350
  • Price decrease

  • -£4,002
  • (-3.988%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £92,392
  • Properties sold

    38

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom house in NE37 is currently:

£464 pcm

Recent sales nearby

See all recent sales in NE37
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Estimated running costs

Based on available 3rd party data

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
13th Feb 2019 £52,500 Price reduced by £3,750
6th Nov 2018 £56,250 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Home Group. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Home Group for full details and further information.