Over‑55 ground-floor two-bed with gardens; 70% share and 76-year lease — check mortgage options.
70% shared ownership — purchase of a majority share
This ground-floor two-bedroom apartment is offered as a 70% shared-ownership purchase, aimed specifically at over-55 buyers looking to downsize. The flat is compact (approx. 570 sq ft) and benefits from gas central heating, double glazing and off-street residents’ parking. French doors open from the lounge onto a patio and well-kept communal gardens maintained by the housing association — a rare outdoor space for flat living.
Practical positives include no onward chain, easy access to local amenities and transport links, and low council tax (Band A). The layout is traditional and straightforward: entrance hall, breakfast kitchen, lounge, two bedrooms and a bathroom. The communal gardens and patio provide a pleasant, low-maintenance outdoor area for relaxing or light gardening.
Important cautions: the lease has 76 years remaining. That term may limit mortgage options — some lenders refuse mortgages on shorter leases, so buyers should obtain lender confirmation early. The property sits in a high-crime, very deprived local area, which will affect resale prospects and may concern some purchasers. Buyers should factor in that the flat is small and may require updates to suit personal tastes.
This is best suited to a cost-conscious retiree or downsizer seeking a low-maintenance base with outside space and local services nearby. Viewings are recommended for those who prioritise manageable accommodation and communal gardens — but bring independent mortgage and legal advice regarding lease length and shared-ownership terms.
2 bedroom bungalow for sale in Coulby Manor Farm, Coulby Newham, TS8 — £105,000 • 2 bed • 1 bath • 538 ft²
2 bedroom flat for sale in Aysgarth Road, Middlesbrough, TS5 — £56,000 • 2 bed • 1 bath • 724 ft²
3 bedroom end of terrace house for sale in Kel Dennis Close, Eston, TS6 — £70,000 • 3 bed • 3 bath • 851 ft²
2 bedroom semi-detached bungalow for sale in Raby Square, Hartlepool, TS24 — £38,750 • 2 bed • 1 bath
2 bedroom semi-detached house for sale in Bluebell Road, Redcar, TS10 — £41,250 • 2 bed • 1 bath • 588 ft²
2 bedroom flat for sale in Clough Close, Middlesbrough, TS5 5ET, TS5 — £70,000 • 2 bed • 1 bath • 579 ft²






















































