3 bed maisonette for sale

Iolanthe Terrace, 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 £100,500 based on an average saving of 33%.

Market Value Price: £149,950

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 £149,950, please contact the estate agent Andrew Craig.
Property description

A spacious three bedroom upper floor maisonette situated on Iolanthe Terrace, adjacent to Mowbray Park, offering delightful views. This bright and airy property provides versatile living accommodation in a prime location, with easy access to the Town Centre, award-winning Coastline, and nearby Seaside attractions.

The layout comprises an entrance lobby leading to a hallway and stairs to the first floor landing. At the front, a generously sized lounge with double doors opens into a dining room, connected to a well appointed kitchen via an archway. A separate utility room provides access to a four piece bathroom suite with a shower.

The second floor features two bedrooms, including a principal bedroom with charming views. Externally, the property benefits from a rear yard. With its excellent location and flexible living space, this maisonette is ideal for a range of buyers. Early viewing is highly recommended.
Entrance
Via composite door into Lobby.
Lobby
Door into Hallway.
Hallway
Stairs to first floor Landing.
First floor landing
Stairs to second floor Landing, radiator and access doors into the Lounge, Diner and Bedroom Three.
Lounge 5.69m (18'8) x 3.78m (12'5)
Views across Mowbray Park - Double glazed bay window, radiator, gas fire with surround, cornice to ceiling, laminate flooring and dado rail.
Dining room 4.62m (15'2) x 3.86m (12'8)
Laminate flooring, radiator, double glazed window, door into Utility and open plan into Kitchen.
Kitchen 3.48m (11'5) x 2.36m (7'9)
Fitted with a range of wall and base units, integrated oven and hob with overhead steel extractor, integrated dishwasher, tiling to splash areas, laminate flooring, double glazed window and stainless steel sink unit with mixer tap.
Utility 2.74m (9'0) x 2.95m (9'8)
Plumbing for washer, space for tumble dryer, space for fridge freezer, door opening to rear staircase to Yard and door into Bathroom.
Bathroom
Low flush W.C., panelled bath, pedestal hand wash basin, separate shower cubicle, lino to floor, part tiling to walls, radiator and double glazed window.
Bedroom three 2.87m (9'5) x 2.06m (6'9)
Views across Mowbray Park - Double glazed window and laminate flooring.
Second floor landing

bedroom one 4.65m (15'3) x 3.86m (12'8)
Views across Mowbray Park - Fitted storage cupboard, double glazed window, laminate flooring and radiator.
Bedroom two 5.64m (18'6) x 3.43m (11'3)
Double glazed window, radiator and laminate flooring.
Externally
Private yard to rear.
Tenure
The property is Leasehold with a term of 99 years from 21st August 1980 subject to an annual ground rent of ?10.
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 16 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE33 3DE and mobile coverage is provided by 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: Tbc

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.