Compact, low-maintenance home with parking and communal gardens.
- Ground-floor two-bedroom apartment, approx. 450 sq ft
- Leasehold with 107 years remaining; legal advice recommended
- Homewise Lifetime Lease option for over-60s, potential 20–50% saving
- Chain-free sale with vacant possession and allocated parking
- Communal gardens, gas central heating and double glazing
- Compact layout; best for single-level, low-maintenance living
- Area flagged as deprived with above-average local crime
- Broadband average speeds low; check connectivity for needs
A ground-floor, two-bedroom apartment in a modern development close to South Tyneside Hospital and local shops. The layout offers one-level living with a bright lounge, refitted kitchen and fitted wardrobes in the principal bedroom—sensible, low-maintenance living for retirees seeking convenience.
This property is being marketed with the Homewise Home for Life Lifetime Lease option for buyers aged 60+, which typically reduces the purchase cost (example guide price £60,250). The full market price is £90,000 and the Lifetime Lease lets purchasers buy up to a 50% share to safeguard value; actual prices depend on age and circumstances. The flat is offered chain-free with vacant possession.
Practical positives include allocated off-street parking, communal gardens, gas central heating, double glazing and a C EPC. The apartment is compact (approx. 450 sq ft) and best suited to someone wanting a manageable, single-level home rather than spacious accommodation.
Notable considerations: this is a leasehold property (125-year term from 2005) with 107 years remaining; broadband speeds at the postcode are low on average and the local area scores as deprived with above-average crime. Buyers should verify lease details, service charges and all measurements with a solicitor.
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