Secure, low-maintenance two-bedroom home close to transport and local amenities.
Chain-free first-floor retirement apartment, immediate vacant possession
Quiet, secure and offered chain-free, this two-bedroom first-floor retirement apartment sits within a well-managed Anchor development designed for independent living. The living room’s large bay window and oak-effect flooring create a bright, low-maintenance space ideal for comfortable day-to-day living.
The development provides sensible on-site support: a 24-hour warden presence, communal lounge, landscaped gardens, lift access and unallocated off-street parking. Local bus routes run to Jesmond, Newcastle city centre and the coast, with shops, healthcare and leisure facilities close by.
Important lease details affect finance options. The property currently has 61 years remaining on a 99-year lease, which may deter mortgage lenders — cash buyers or those able to arrange specialist lending are likely to be required. The vendor has advised a one-off lease extension to add 990 years can be arranged on completion, but buyers should verify this and seek independent legal and mortgage advice.
Practical running costs are clear: electric storage heating, no ground rent, and a below-average service charge of about £267 per month covering on-site support, building insurance and communal maintenance. Broadband speeds are reported slow — useful to check if internet-dependent for work or leisure.