Buy at 70% value under a council scheme; criteria and restrictions apply.
Two double bedrooms with contemporary fixtures and fittings
Private sun terrace and allocated off-street parking space
Sold via reduced-value purchase scheme — eligibility and restrictions apply
Cannot be rented out; resale must reflect original purchase percentage
Modern build (2022) with good EPC and mains gas central heating
Service charge £758 pa (below average); council tax band B (cheap)
Located near schools, retail parks, green open space and transport links
Leasehold tenure — verify lease details and any additional charges
This modern two-bedroom ground-floor apartment in Wisteria Place offers a practical, low-maintenance home in the Newcastle Great Park development. Finished to a contemporary specification, the flat benefits from a fitted kitchen with integrated appliances, a bright open-plan living area and a private sun terrace. Allocated off-street parking and secure entry add everyday convenience.
The property is being sold through a reduced value purchase scheme: you would buy 100% ownership but pay 70% of the value. Important restrictions apply — the home cannot be let and any future sale must reflect the same percentage value. Prospective buyers must meet scheme criteria and should confirm details with a legal adviser before committing.
Internally the layout is straightforward: two double bedrooms, a family bathroom and open-plan lounge/kitchen across about 677 sq ft. The building is recent (constructed 2022) with good thermal performance and mains gas central heating; council tax is low and the service charge is below average. Communal grounds are managed and the setting is suburban with nearby green space and local amenities.
This apartment suits first-time buyers or owner-occupiers seeking a ready-to-move-in, low-maintenance home close to good schools, retail and transport links. The main trade-offs are the scheme’s resale and rental restrictions and the ongoing service charge; confirm lease and scheme terms with your solicitor.
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