Property Details

Blencathra

£56,000 for 70%
Scheme: Shared Ownership
Developer: Home Group
Development: Blencathra
2 2
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or Call Home Group on 0800 073 0600
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About this Property

Property Features:

Need somewhere easier to manage? Looking for somewhere to enjoy your retirement? Want to downsize? Look no further than this well-presented two bedroom house situated on the enviable Blencathra development. Just a 15 minute walk from The Galleries shopping centre, all the amenities you will need are on your doorstep. The property boasts a downstairs wet room, stair lift and private rear garden. Plus you can enjoy socialising at the on-site community centre.

Please quote BLE404 when enquiring.

Key features

  • No onward chain
  • Just £56,000 for a 70% share
  • No rent payable just an annual service charge of approx. £708
  • Affordable alternative to private residential and residential care
  • Situated on a quiet and landscaped cul-de-sac
  • Well established community with social events at the on-site resident’s lounge
  • New 60 year lease granted on purchase
  • Accessible features e.g. wide doorways, ground floor wet room and stair lift.
  • Low maintenance private flagged garden with flowerbeds
  • Off-street parking
  • Dual carriageway connections to the A19 and A1

Property Overview:

  • Entrance porch.
  • Living room (3.8m x 48m (max)) with window to front aspect.
  • Separate dining room (2.8m x 3.0m).
  • Kitchen (2.8m x 3.0m) with partially tiled walls, co-ordinating wall and base units, electric oven, hob and extractor. Door providing direct access to the rear garden.
  • Downstairs wet room (2.0m x 1.6m) installed in 2016 with electric shower, wash basin, WC and hand rails.
  • Two double bedrooms (3.8m x 3.0m and 4.8m x 2.7m). Master bedroom overlooks rear garden.
  • Bathroom (2.6m x 1.7m) with bath, wash basin, WC, handrails and alarm cord.
  • Fitted carpets laid to living areas. Vinyl laid to kitchen, bathroom and wet room.
  • Private, low maintenance flagged garden to rear with flowerbeds. Open garden to front.

 

Costs

Price - £56,000* | Service charge - approx. £708pa†

*This represents a 70% share of the full open market value of £80,000

†This includes: building fund, management charge, building insurance charge, service charge. This is reviewed on an annual basis.

 

General information

Tenure: Leasehold

Lease: Surrender and Regrant - 60 years

Approximate internal area: 80 sq. m.

Local Authority: Sunderland City Council

Council Tax Band: A

EPC Rating: D (65)

 

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. Applicants must also have access to sufficient funds to cover the cost of buying – e.g. legal/moving fees etc. Proof of funds must be provided to support your application (or an Agreement in Principle if purchasing with a mortgage). Further details available on request.

 

TO ARRANGE A VIEWING CALL 0191 731 1445 QUOTING BLE404

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