Property Details

Blencathra

£52,500 for 70%
Scheme: Shared Ownership
Developer: Home Group
Development: Blencathra
2 2
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or Call Home Group on 0800 073 0600
Property Spec

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About this Property

Property Features:

  • 52,500 for a 70% share*
  • 70% share available under the over 55s scheme
  • On-site resident’s community centre offering social events
  • Viewing is highly recommended
  • Two double bedrooms
  • Enclosed rear garden
  • Walk in shower
  • Washing machine included

Property Overview:

2-BEDROOM House

PRICE - £52,500*

SERVICE CHARGE - £708.28pa

*This represents a 70% share of the full open market value of £75,000

†This includes: building fund, Management charge, Insurance charge and service charge. This is reviewed on an annual basis.

-Eligibility requirements-

  • Applicants must be aged 55 or over.
  • Applicants must have sufficient funds to either purchase the 70% share outright, or to obtain a mortgage.
  • Sufficient funds to cover the cost of buying.

 *We work with a third party, Share to Buy, to determine whether a property is affordable to an applicant‡. We will share further details about this process should you wish to proceed with an application after you have viewed the property.

-Full description-   

Entrance porch and hallway with stairs leading to the first floor.

Living room (3.85m x 3.78m) with window to the front aspect.

Kitchen (3m x 2.53m) has wall and base units, gas oven, electric hob, partially tiled walls and window to the rear aspect. Washing machine included.

Dining room (4m x 2.18m).

Downstairs shower room with WC and wash basin.

Master bedroom (3.2m x 3m) with fitted wardrobes and window to the front aspect.

Second bedroom (4.0m x 2.7m) with fitted wardrobes and window to the rear aspect.

Bathroom with WC, bath, wash basin and partially tiled walls.

Enclosed rear garden.

Off-street parking.

-General information-

Lease: 60 Years (S & R)

Local Authority: Sunderland City Council

Council Tax Band: A

-Terms and conditions-   

***Applicants must be aged 55 or over and have a local connection to Tyne & Wear. Priority is given to those registered with Help to Buy North East Yorkshire and Humberside. A financial assessment to determine prospective buyers’ eligibility is required prior to being accepted to purchase (further information is available on request).***

Viewings are held strictly by appointment - call today to arrange a mutually convenient time.

If - after viewing the property - you would like to make an offer, you must register your interest with the Resales Team.

 

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