Compact retirement flat with garden access and allocated parking.
70% shared ownership, for residents aged 55 and over
This ground-floor two-bedroom flat in Waverley Lodge offers low-maintenance retirement living with direct garden access and allocated parking. The bright living room, feature fireplace and French doors create a pleasant, light-filled reception ideal for relaxed evenings or hosting visitors. The modern kitchen and bathroom provide move-in-ready conveniences while built-in storage helps maximise the compact footprint.
The property is offered on a 70% shared ownership basis and is for residents aged 55 and over, making it suited to downsizers seeking community living close to Jesmond Metro and city-centre amenities. Communal gardens to the rear add outdoor space without extensive upkeep, and a private front yard provides a small personal outdoor area.
Important considerations: the lease has around 73 years remaining, which may affect mortgage availability and resale value; some lenders can refuse mortgages on shorter leases. Broadband speeds in the area are reported as slow and local crime is above average; these factors may matter for those who rely on fast internet or prioritise quieter neighbourhoods.
Overall this is a compact, well-presented retirement flat offering convenience, communal support and external space. It suits buyers seeking a low-maintenance base near transport links, or investors aware of shared-ownership and lease-length implications.
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