Offers Over £50,000
Apartment Bedrooms
x2 Bathrooms
x1 Reception rooms
x1
Key features
Spacious two bedroom apartment
70% ownership/No onward chain
Water charges included in management fees
Close to transport links and range of amenities
Situated on top floor
Lifts and stairs within building
Undercroft parking
Peppercorn ground rent
Under 10 minute drive into Newcastle City Centre
Two double bedrooms
Property Description
PURCHASE THIS 'REDUCED TO SELL APARTMENT' WITH OPTION TO BUY WITH EXTENDED LEASE*- Inviting offers between £50,000 and £55,000 for an opportunity to purchase a 70% share for this spacious two bedroom apartment situated on the top floor of this apartment building. With views overlooking the neighbouring park and being close to Durham Road with its range of shops, restaurants, pub and nearby schools this property will appeal to those looking to downsize. The property briefly comprises: living/dining room, kitchen, two double bedrooms, bathroom and large storage cupboard. Perfect for anyone wanting to put their own stamp on their next move this property can be purchased for cash or with mortgage.
Internally
The property enters into an extensive entrance hall with boarded floor, ready for flooring of your choice and wallpapered walls which run through the majority of apartment. Access is provided to the living room, two bedrooms, bathroom and large storage cupboard which houses the property's boiler.
The living room includes a bay window with views overlooking the nearby park while bringing in plenty of natural light to this airy reception room. An open kitchen is positioned to the rear with a range of wall and base units with contrasting laminate worktops. Space has also been provided for freestanding kitchen appliances along with a ceiling extractor fan.
Both bedrooms include ample space for furniture with the main bedroom having two Velux windows.
The bathroom is part tiled with a three piece bathroom suite comprising: fitted bathtub, washbasin and low level WC. There is also an additional Velux window within here.
Externally
The apartment has an allocated parking bay in the undercroft parking facility which has a secure entry system along with lifts to the upper floors.
Living Room - 3.2m x 4.6m (10'5" x 15'1") excluding bay
Kitchen - 1.4m x 2.2m (4'7" x 7'2")
Bedroom 1 - 3.7m x 4.4m (12'1" x 14'5")
Bedroom 2 - 4.4m x 3.3m (14'5" x 10'9")
Bathroom - 2.4m x 2.4m (7'10" x 7'10")
Agents Note
Conveniently located for people who are 55 years or over and allowing them to purchase a 70% share in the property. Karbon Homes retains the remaining 30% share in the property to ensure that when the property is sold that it is offered to someone who meets the criteria of the scheme. The monthly maintenance fee of £216.10 incorporates the maintenance costs along with the personal water charge of £40.16.
*Although there are only 62 years remaining on the lease this can be extended by 90 years during the conveyancing process.
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Disclaimer
Whilst we endeavour to ensure our sales particulars are accurate and reliable, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by WalkersXchange therefore we cannot give a guarantee as to their operating ability or efficiency. All measurements have been taken as a guide to prospective buyers only.
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