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An affordable housing scheme property (Section 106)
In effect this enables buyers to purchase the property at 80% of its true market value, subject to meeting certain criteria.
If subsequently sold, then it must be sold at 80% of its then value as determined by independent RICS survey.
-the prospective buyer (or one of) must meet North Tyneside Councils requirements
-if the buyer wishes to resell the house, the sale price must not be greater than 80% of the OMV.
For sale, a neutrally decorated flat that is perfect for couples. This property is a 1st floor apartment, featuring two spacious double bedrooms, one bathroom, a kitchen and a reception room.
The master bedroom, a haven of tranquility, is a generous double room with built-in wardrobes, providing ample storage options. The second bedroom is also a double, offering plenty of space for guests or potential use as an office or study.
The bathroom is well-appointed with a heated towel rail and a shower over the bath, ensuring both convenience and comfort.
The kitchen has been fitted with modern appliances and is flooded with natural light, creating a vibrant and inspiring space for culinary creativity. The added dining space offers a great area for entertaining or family meals.
The open-plan reception room is a remarkable feature of this flat, thanks to the large windows that fill the room with a cheerful brightness. The open layout, combined with a dedicated dining area, allows for a flexible living arrangement tailored to your lifestyle.
As for functionality, the property boasts an EPC rating of ‘B’ and falls under council tax band ‘A’.
Location is an integral selling point of this property. With close proximity to public transport links, local amenities, and quiet walking routes, convenience and relaxation are at your doorstep.
In addition, the flat offers unique features such as allocated parking and a neutral decor that provides a blank canvas for personalisation.
This property seamlessly combines comfort, convenience and style, making it a perfect choice for those looking for a home in a peaceful yet connected location.
Living Room: 18’04” x 11’06” (max) – 5.59m x 3.51m
Kitchen: 11’04” x 9’11” – 3.45m x 3.02m
Bedroom One: 16’06” x 9’00” – 5.03m x 2.74m
Bedroom Two: 12’10” x 6’11” – 3.91m x 2.11m
Bathroom: 7’02” x 6’08” – 2.18m x 2.03m
PRIMARY SERVICES SUPPLY
Electricity: MAINS
Water: MAINS
Sewerage: MAINS
Heating: MAINS GAS
Broadband: FIBRE
Mobile Signal Coverage Blackspot: NO
Parking: ALLOCATED
MINING
The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity. The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any.
TENURE
Leasehold. It is understood that this property is leasehold. Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 155 years from March 2014
Ground Rent: £100 per annum.
Service Charge: £120 per month
COUNCIL TAX BAND: A
EPC RATING: B
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