1 bed flat for sale

Lawe Road, South Shields NE33

Over 60s can secure this property with a Home For Life from Homewise

Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value.

Over-60s customers typically save between from 20% To 50%*.

Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £90,500 based on an average saving of 33%.

Market Value Price: £134,950

The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.

For an indication of what you could save, please use our calculator on the Homewise website.

Please call for more information or a personalised quote

Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.

It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.

If you are not over 60 or would like to purchase the property at the full market value of £134,950, please contact the estate agent Andrew Craig.
Property description

Modern apartment block! Introducing this contemporary one bedroom first floor apartment on Lawe Road, ideally situated near Ocean Road and Marine Park, with a lovely outlook across the park and allocated parking for one car. This apartment block is perfect for an individual or a couple, offering a ready-to-move-into home with vacant possession. South Shields town centre is conveniently close, providing a variety of shops and amenities.

The building features a communal entrance with both lift and stair access to all floors. The apartments' floorplans includes an entrance hallway, an open lounge diner with a Juliet balcony overlooking the park, a kitchen, a bathroom, and a bedroom. This property is an excellent choice for those seeking a comfortable and modern living space in a great location.
Communal entrance
Communal door into communal Hallway.
Communal hallway
Inner hallway offers a lift taking you to all floors as well as stairs.
First floor landing

apartment entrance
Solid door into Hallway.
Hallway
Radiator, laminate flooring, door into Lounge Diner, door into Bedroom and door into Bathroom.
Open plan lounge diner 7.14m (23'5) x 2.87m (9'5)
Double glazed French doors onto Juliet Balcony, double glazed window, radiator and opening into Kitchen.
Kitchen 3.45m (11'4) x 2.18m (7'2)
Fitted with integrated appliances including an oven and hob and dishwasher. Plumbing for washing machine, stainless steel sink unit with mixer tap, space for fridge freezer, laminate flooring and part tiling to walls.
Bathroom
Bath with shower over, pedestal hand wash basin, low flush W.C., vinyl flooring, radiator and part tiling to walls.
Bedroom 3.48m (11'5) x 3.45m (11'4)
Double glazed window, radiator and laminate flooring.
Parking
Allocated parking bay.
Tenure
The property is Leasehold with a term of 125 Years from 1st January 2004.
Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 15 Mbps at this postcode: NE33 2BD and mobile coverage is provided by EE, Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed.
Council Tax
The website states the property is Council Tax Band: A
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: C

The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.