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Very well presented three bedroom home on the popular Essendene Rise Estate in Ashington close to local shops and with excellent transport links. The property comprises of a spacious living room, a modern updated kitchen diner with integrated appliances and a cloakroom on the ground floor. To the first floor there is a master bedroom with en suite, two further bedrooms and family bathroom. To the front of the property there is parking for two cars while to the rear you will find a low maintenance garden with patio area. Viewing is recommended to appreciate the quality of accommodation on offer.
PRIMARY SERVICES SUPPLY
Electricity: Mains
Water: Mains
Sewerage: Mains
Heating: Gas
Broadband: Cable
Mobile Signal Coverage Blackspot: No
Parking: Driveway for 2 cars.
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: 125 years from 1st April 2019
Agents Note: This property is currently under shared ownership in conjunction with The Home Group.
The Home Group have advised that they would be prepared to staircase a transaction to 100% ownership on completion. This would mean that any potential purchaser would buy the vendors 25% share and the remaining 75% share of the property from The Home Group to enable the 100% purchase on completion. The advertised price is for the 100% Leasehold ownership. Your conveyancer will advise with regard to the timescales involved and you should satisfy yourself in regard to lending ability.
PLEASE NOTE
There is the option for buyers to purchase the freehold title for £150 + VAT
If the freehold is not purchased, the property remains as leasehold and the following charges are payable
• Insurance – £23.67
• Management charge –£ 1.49
• Service charge – £9.91
The above charges are reviewed annually on 1st April.
If the freehold is purchased the following charges remain payable:
• Service charge – £9.91
• Management charge – £1.49
The above charges are reviewed annually on 1st April.
Currently, the Vendor’s’ details do not match the Registered Title at Land Registry. Please ask the Branch for more details.
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