Property Details

Bowes Court

£45,000 for 70%
Scheme: Shared Ownership
Developer: Home Group
Development: Bowes Court
2 1
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About this Property

Property Features:

  • *£45,000 for a 70% share*
  • 70% share available for ages 55 and over under the shared ownership scheme
  • No rent payable
  • Viewing is highly recommended
  • Off-street parking
  • Walking distance to public transport
  • Easy access to Gosforth High Street and Newcastle city centre

Property Overview:

***Please quote BOW418 when enquiring.***

- Introduction -

Looking to downsize or for somewhere easier to manage? This 2 bed ground floor flat is nestled in a quiet cul-de-sac in the popular South Gosforth. With Newcastle centre and local conveniences close at hand, could this be the ideal home you’re looking for? Why not make this house a home?

 

- What the owner says -

“Shops, pubs, restaurants and metro station all a short walk away and on main bus route. Back garden patio with sun all day. Off street parking. A safe cul-de-sac location.”

 

- Full Description -

- 2-BEDROOM FLAT (GROUND FLOOR)

- Entrance lobby (1.02m x 1.11m) and hall (0.89m x 3.32m).

- Living room (3.48m x 4.51m) has a window to the front aspect.

- Kitchen (2.68m x 2.28m) with matching wall and base units. Electric cooker, hob and washing machine.

- Master bedroom (2.88m x 3.19m) with fitted wardrobes and a window and door to the rear aspect.

- Second bedroom (2.87m x 1.80m) has fitted wardrobes and a window to the rear aspect.

- Bathroom (2.68m x 1.68m) has a walk-in shower, bath, WC and wash hand basin. Fully tiled and a heated towel rail.

- Carpets are fitted to the living room and master bedroom. Wooden flooring is laid to the kitchen, hall and second bedroom.

- Gas central heating.

- Flagged garden to the front, side and rear.

- Off-street parking.

 

- Costs -

PRICE - £45,000*

NO RENT PAYABLE

SERVICE CHARGE - £499.96 pa**

*This represents a 70% share of the full open market value of £64,285

**This includes: management charge, service charge and sinking fund. 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.

 

If you will be purchasing with a mortgage you must provide us with an Agreement in Principle (AIP) to support your application. Evidence in support of your AIP (or proof of funds if cash buyers) must also be provided. Further details available on request.

 

- General Information -

Tenure: Leasehold

Lease: 60 years Surrender and Regrant

Years remaining on lease: 60 approx.

Approximate internal area: 50 sq. m.

Local Authority: Newcastle City Council

Council Tax Band: B

EPC Rating: C (72)

 

- Terms and Conditions -

***Current home owners must have a sale agreed to apply.***


- 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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