Summary - 131 HAGGERSTON CRESCENT NEWCASTLE UPON TYNE NE5 4TL
2 bed 1 bath Apartment
Lifetime-lease option for over-60s, two-bedroom upper flat with garden and parking.
Lifetime Lease example price £73,750 for eligible over-60s (savings vary)
A practical upper-floor two-bedroom flat in Westerhope offering an affordable retirement option for those aged 60+. The flat has a generous lounge/diner open to a fitted kitchen, two double bedrooms and a bathroom — all complemented by double glazing, gas central heating, an outside garden and off-street parking.
This property is being offered with a Home for Life Lifetime Lease example price of £73,750 (guide) for eligible over-60s; typical savings range between 20–50% compared with the full market price of £110,000. Buyers can also purchase up to 50% share of the property value as part of the plan to safeguard future value. Broadband speeds are good and the location has easy access to shops, schools, frequent bus routes and the A1 for commuting.
Important practical points: the lease has 85 years remaining and will need to be reviewed or extended promptly — this can affect mortgageability and future sale value. The local area is classified as very deprived and crime levels are average; buyers should check local services and long-term prospects. Ground rent is low (around £10 p.a.) and council tax is Band A, which keeps ongoing charges modest.
Suitable for downsizers seeking an affordable, ready-to-move retirement property or an investor aware of lease considerations. Prospective purchasers should obtain legal advice on the lease terms and get a personalised Homewise quote to confirm the exact Lifetime Lease price for their circumstances.
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