Property Details

Bowes Court

£42,000 for 70%
Scheme: Shared Ownership
Developer: Home Group
Development: Bowes Court
2 1
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About this Property

Property Features:

  • *£42,000 for a 70% share*
  • 70% share available for ages 55 and over under the shared ownership scheme
  • No rent payable
  • Viewing is highly recommended
  • Excellent starter home
  • Private rear garden
  • Off-street parking
  • Walking distance to public transport
  • Easy access to Gosforth High Street

Property Overview:

***Please quote BOW406 when enquiring.***

 

- Introduction -

Look no further if you’re looking for a new place to call home! This 2-bed flat is ideally located close to the popular Gosforth High Street. In a quiet cul-de-sac, you’ll love the privacy and convenience of local services and amenities being close at hand.

 

- What the owner says -

“The flat has a shared side garden to hang washing. It is very close to amenities such as shops, restaurants, takeaways and very close to South Gosforth Metro station. Good bus links to Newcastle. Lovely quiet cul-de-sac. The flat is quite spacious and light with two good sized bedrooms.”

 

- Full Description –

- Private entrance with stairs to first floor landing.

- Living room (4.7m x 3.5m) with a window to the front aspect with views of the cul-de-sac.

- Kitchen (1.6m x 2.3m) with matching wall and base units and a window to the rear aspect. Electric cooker and hob.

- Master bedroom (3.2m x 2.9m) with fitted wardrobes and a window to the rear aspect.

- Second bedroom (1.8m x 2.9m) has a window to the front aspect.

- Bathroom (1.7m x 2.7m) including a cupboard, has a bath, walk-in shower, wash hand basin and WC.

- Gas central heating.

- Carpets are fitted to all living areas. Vinyl is fitted to the bathroom and kitchen.

- Well-maintained communal gardens.

- Off-street parking.

 

- Costs -

2-BEDROOM FLAT (FIRST FLOOR)

PRICE - £42,000*

SERVICE CHARGE - £499.96pa**

*This represents a 70% share of the full open market value of £60,000

**This includes: management charge, service charge and building insurance charge. Rent and service charges are reviewed annually.

 

- 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.

 

Please note that should you wish to proceed with an application after you have viewed the property, you must complete an affordability assessment.  You will be required to supply information and supporting documents. Further information will be provided after you have viewed and confirmed to us that you are interested in applying.

 

In order to apply you must be registered with the local Help to Buy Agent - North East, Yorkshire and Humberside, https://www.helptobuyneyh.co.uk/apply/. You will need to provide your HTB reference when completing the application process.

 

- General Information -

Tenure: Leasehold

Lease: 60 years Surrender and Regrant

Years remaining on lease: 60 approx.

Approximate internal area: 49 sq. m.

Local Authority: Newcastle City Council

Council Tax Band: B

EPC Rating: C (76)

 

- Terms and Conditions -

***Applicants must have a local connection to Newcastle upon Tyne. Priority is given to those registered with Help to Buy North East, Yorkshire and Humberside and first time buyers.***


- Viewings -

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

 

Applications are only accepted from those who have viewed the property. If you have viewed and would like to apply please register your interest with the Resales Team.

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