£52,500
2 bed terraced house for saleBalsam Way, Newcastle Upon Tyne NE5
2 beds
1 bath
1 reception
EPC Rating: B
- Shared ownership
- Leasehold
Sarah Mains, Newcastle
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About this property
Two Bedrooms
25% Shared Ownership
En Suite
Garden
Leasehold
Council Tax Band B
EPC Rating B
This beautifully presented two bedroom home, offered on a 25% ownership basis, provides modern living across two well planned floors.
The property is entered via a welcoming hallway, with the ground floor featuring a convenient guest cloakroom/WC. The lounge, situated at the rear of the home, benefits from practical storage and features doors providing both outlook and access to the garden. To the front, the kitchen is fitted with modern units, integrated cooking appliances and provides space for additional white goods, offering both style and functionality.
Upstairs, the first floor delivers a thoughtful layout with a spacious master bedroom complete with an en suite, alongside a second double bedroom and a beautifully appointed family bathroom.
Externally, the property enjoys a lawned front garden with driveway parking, while the enclosed rear garden provides a generous lawn, a patio area and a gravelled seating space, perfect for relaxing, outdoor dining and entertaining.
EPC Rating: B
Lounge (4.01m x 3.97m)
Kitchen (3.71m x 1.70m)
Bedroom One (4.1m x 4.0m)
Bedroom Two (3.9m x 2.5m)
Shared Ownership Information
Full Market Value: £210,000
Share Available: 25%
Monthly Rent: £361.28
Monthly Estate charge: £15.04
Monthly Buildings Insurance: £13.42
Monthly Management/Admin Fee: £3.35
Total monthly payment: £393.09
Tenure
Sarah Mains Residential have been advised by the vendor that this property is leasehold, although we have not seen any legal written confirmation to be able to confirm this. Please contact the branch if you have any queries in relation to the tenure before proceeding to purchase the property.
Property Information
Local Authority: Newcastle Upon Tyne
Flood Risk: This property is listed as currently having very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this. Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Virgin and Sky - Basic, Superfast, Ultrafast
Mobile Network Coverage: EE, Vodafone, Three, O2
Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices
Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes. While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home. If you have any concerns regarding this, please speak to a member of our team prior to your appointment. We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
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Tenure
Leasehold (989 years)
Service charge
Council tax band
B
Ground rent
£0
Ground rent date of next review
Shared ownership percentage owned
75%
Shared ownership rent
£362 per month