£198,750
1 bed flat for saleCoquet Avenue, Whitley Bay NE26
1 bed
1 bath
1 reception
EPC Rating: B
- Shared ownership
- Retirement
- Leasehold
McCarthy Stone - RESALES
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About this property
First floor apartment with Juliette balcony
75% shared ownership
Estate Manager / 24 hour on site staffing
Waitress service restaurant
Domestic assistance (1hr per week included in service charge)
Extra care packages available by arrangement
Homeowners communal lounge
Guest suite, Laundry room and Mobility scooter store
Energy efficient
Part exchange scheme available
A one-bedroom first-floor apartment with a Juliet balcony and easy access to the reception area and communal facilities. Part of a McCarthy Stone Retirement Living plus development with an on-site restaurant, Estate Manager, cqc-registered care team, and one hour of domestic help included in the service charge.
What Is Shared Ownership?
With Shared Ownership you can have the lifestyle you’ve dreamed of without paying the full price. If you buy a 50% share, you pay rent on the remaining 50% of your property. If you buy a 75% share you can enjoy the property rent free. Who wouldn’t want 25% off?
The Shared Ownership scheme is run in conjunction with Homes England, our government approved partner.
Moving Made Easy
Moving is a huge step, but don’t let that hold you back. We have a range of services to help your move go smoothly, including:
• free Entitlements Advice to help you find out what benefits you may be entitled to.
• Part Exchange service to help you move without the hassle of having to sell your own home.
• Removal Services that can help you declutter and move you in to your new home.
• Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties.
For more information speak with our Property Consultant today.
Elderton Place
Located in the coastal town of Whitley Bay is our stunning retirement development Elderton Place, exclusively for the over 70s. The development comprises of 37 one bedroom and 28 two bedroom apartments, complete with private patios or balconies. These retirement homes are located close to the famous Spanish City offering a number of local amenities and the picturesque beach. There is a Co-op store nearby on Marine Avenue as well as Monkseaton Metro station and local bus services also run close by.
Local Area
Whitley Bay is a beautiful and desirable coastal town in the North East of England. As soon as you arrive in the area, you’ll see the iconic St Mary’s Lighthouse, which stands on its own island and also features a nature reserve and a wetland habitat. If you’d like to learn more about the area, there’s even a visitor centre.
Entrance Hall
Front door with spy hole leads to the large entrance hall - the 24-hour Tunstall emergency response pull cord system is situated in the hall. From the hallway there is a door to a walk-in storage cupboard/airing cupboard with shelving and washer/dryer. Illuminated light switches, smoke detector, apartment security door entry system with intercom and emergency pull cord located in the hall. Doors lead to the bedroom, living room and shower room. Electric radiator
Reception Room
A bright and welcoming living area with a patio door opening onto a Juliet balcony, creating a lovely spot to enjoy fresh air and natural light. Features include fitted carpets, raised power sockets, two ceiling light fittings, TV and telephone points, an electric radiator, and open-plan access to the modern kitchen.
Kitchen
A fully fitted open-plan kitchen featuring a tiled floor, built-in oven, ceramic hob with extractor hood, integrated fridge and freezer, and a dark sink with drainer. The space is complemented by under-pelmet lighting, creating a modern and practical cooking area.
Bedroom
Benefiting from fitted wardrobe and full length window. Ceiling lights, TV and phone point. Emergency pull cord.
Shower Room
Partially tiled and fitted with suite comprising of level access shower with shower rail, grab rails, WC, vanity unit with sink and mirror above. Emergency pull cord. Wall mounted heated towel rail.
Service Charge
•One hour of domestic support per week is included in the service charge
•Running of the on-site restaurant
•Cleaning of all communal windows
•Water rates for communal areas and apartments
•Electricity, heating, lighting and power to communal areas
•Apartment window Cleaning (outside only)
•24-hour emergency call system
•Upkeep of gardens and grounds
•Repairs and maintenance to the interior and exterior communal areas
•Contingency fund including internal and external redecoration of communal areas
•Buildings insurance
•Intruder alarm system
Additional personal care and support is available at an extra charge. This can be from as little as 15 minutes per session which can be increased to suit your needs.
The Service charge does not cover external costs such as your Council Tax, electricity or TV. To find out more about service charges please contact your Property Consultant or Estates Manager.
Service charge: £8,897.52 per annum (per financial year end 28 Feb 2025)
Parking
Parking is by allocated space, please check with the House Manager on site for availability. The fee is usually £250 per annum, but may vary by development. Permits are available on a first come, first served basis.
Leasehold Information
999 years lease from 1st June 2022
Ground rent: £435
Ground rent review: Jun-37
Additional Information And Services
• Ultrafast Fibre Broadband available
• Mains water and electricity
• Electric room heating
• Mains drainage
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More information
Tenure
Leasehold (997 years)
Service charge
£8,898 per year
Council tax band
B
Ground rent
£435
Ground rent date of next review
Ground rent review period
Every 15 years
Shared ownership percentage owned
75%
Shared ownership rent
£0 per year