This modern SECOND FLOOR apartment with BALCONY is offered for sale on a 25% shared ownership basis, with a monthly rent of £182.23 payable for the remaining 75%. The develpment is available to over 55s and has the benefit of LIFT ACCESS to all floors. The apartment itself features a spacious lounge/diner, MODERN KITCHEN, two bedrooms and a wetroom style shower room. The development further offers access to a communal lounge and kitchen as well as a games room and communal storage room. Externally, there are well tended communal gardens with a number of paved seating areas and there is PARKING for visitors and residents. Please contact Whickham branch for further information regarding the Shared Ownership Scheme.
Communal Entrance With lift access to all floors.
Apartment Hallway With a built in storage cupboard and a radiator.
Lounge/Diner 18'6" x 15'1" (5.64m x 4.6m). A spacious reception room offering space for both living and dining furniture. The room has two radiators, a double glazed window and a double glazed door to the balcony.
Balcony The balcony offers space for outside seating.
Kitchen 13'8" x 8'2" (4.17m x 2.5m). Offering a modern range of wall and base units with work surfaces over, tiled splash back surrounds and incorporates a stainless steel sink unit with drainer and mixer tap fitting. Space is provided for the inclusion of a washing machine and fridge/freezer.
Bedroom One 13'5" x 13'1" (4.1m x 4m). A generous double bedroom with a radiator, double glazed window and a mirror fronted sliding door wardrobe.
Bedroom Two 9'11" x 8'11" (3.02m x 2.72m). With a built in storage cupboard, a radiator and a double glazed window.
Shower Room Equipped with a low level wc, a pedestal hand wash basin and a wet room style shower area with a tiled splash back and mains fed shower over. The shower room has a radiator also.
External There are beautifully tended communal gardens with paved patio areas with outside seating. Parking for visitors and residents is available within the development.
Shared Ownership Information Full Market Value: £120,000
Share Available: 25%
Monthly Rent: £182.23
Monthly Service Charge: £203.88
Monthly Sinkiing Fund: 27.99
Monthly Buildings Insurance: £6.84
Monthly Management Fee: £10.00
Total monthly payment: £430.94
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 Gateshead
Flood Risk - This property is listed as currently having no 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 and Sky Basic, Superfast
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.
Service Charge: £2446.56 per annum
Tenure Type : Leasehold
End Lease Date: 25/08/2140
Council Tax Band: A
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This is a Leasehold Property