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Property Listing Details

Property details

  • 2 bedrooms
  • 1 bathroom
  • Floor area 538 sq. ft

Features

  • Leasehold
  • *£45,000 for a 70% share*
  • 70% share available for ages 55 and over under the shared ownership scheme
  • No rent payable
  • Viewing is highly recommended
  • Off-street parking
  • Walking distance to public transport
  • Easy access to Gosforth High Street and Newcastle city centre

Listing view statistics

Last 30 days: 398 page views

Since listed: 398 page views

Description

***Please quote BOW418 when enquiring.***

- Introduction -
Looking to downsize or for somewhere easier to manage? This 2 bed ground floor flat is nestled in a quiet cul-de-sac in the popular South Gosforth. With Newcastle centre and local conveniences close at hand, could this be the ideal home you’re looking for? Why not make this house a home?

- What the owner says -
“Shops, pubs, restaurants and metro station all a short walk away and on main bus route. Back garden patio with sun all day. Off street parking. A safe cul-de-sac location.”

- Full Description -
- 2-bedroom flat (ground floor)
- Entrance lobby (1.02m x 1.11m) and hall (0.89m x 3.32m).
- Living room (3.48m x 4.51m) has a window to the front aspect.
- Kitchen (2.68m x 2.28m) with matching wall and base units. Electric cooker, hob and washing machine.
- Master bedroom (2.88m x 3.19m) with fitted wardrobes and a window and door to the rear aspect.
- Second bedroom (2.87m x 1.80m) has fitted wardrobes and a window to the rear aspect.
- Bathroom (2.68m x 1.68m) has a walk-in shower, bath, WC and wash hand basin. Fully tiled and a heated towel rail.
- Carpets are fitted to the living room and master bedroom. Wooden flooring is laid to the kitchen, hall and second bedroom.
- Gas central heating.
- Flagged garden to the front, side and rear.
- Off-street parking.

- Costs -
Price - £45,000*

No rent payable

Service charge - £499.96 pa**

*This represents a 70% share of the full open market value of £64,285
**This includes: Management charge, service charge and sinking fund. Rent and service charges are reviewed annually.

- 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. Applicants must also have access to sufficient funds to cover the cost of buying.

If you will be purchasing with a mortgage you must provide us with an Agreement in Principle (aip) to support your application. Evidence in support of your aip (or proof of funds if cash buyers) must also be provided. Further details available on request.

- General Information -
Tenure: Leasehold
Lease: 60 years Surrender and Regrant
Years remaining on lease: 60 approx.
Approximate internal area: 50 sq. M.
Local Authority: Newcastle City Council
Council Tax Band: B
EPC Rating: C (72)

- Terms and Conditions -
***Current home owners must have a sale agreed to apply.***

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

Applications are only accepted from those who have viewed the property. If you have viewed and would like to apply please register your interest with the Resales Team.

You could get

Superfast broadband Superfast broadband

Up to 55 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Manors 2.5 miles
  • Newcastle 2.8 miles
  • Archbishop Runcie CofE First School 0.2 miles
  • South Gosforth First School 0.4 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Manors 2.5 miles
  • Newcastle 2.8 miles
  • Archbishop Runcie CofE First School 0.2 miles
  • South Gosforth First School 0.4 miles

Market stats

Sale activity

Average estimated value for a flat in NE3:

  • £183,685
  • Price increase

  • £2,108
  • (1.161%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £198,013
  • Properties sold

    97

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom flat in NE3 is currently:

£624 pcm

Recent sales nearby

See all recent sales in NE3
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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How much could I borrow?

In partnership with

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
19th Nov 2019 £45,000 First listed
29th Sep 1995 £38,500 Last sold

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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.