Central, low-maintenance two-bedroom for over-55s with parking and alarm.
75% shared ownership — affordable entry into central Westoe
A purpose-built upper flat in the heart of Westoe, designed for residents aged 55 and over. The 75% shared ownership offers an affordable route into a central location with off-street parking, mains gas heating and an included alarm system for added peace of mind.
Rooms are practical and light: a dual-aspect lounge with space for dining, a separate kitchen with a pleasant street view, two bedrooms and a bright bathroom with an electric shower over the bath. The property totals about 646 sq ft and sits close to transport links, shops and the South Shields coastline.
Important lease and purchase points are clear: the lease has 66 years remaining and the property is likely to be refused by many mortgage lenders — cash buyers or specialist lending are the most likely routes. A monthly service charge (around £94 pcm / c. £1,128 pa) is payable to Places for People.
This is a straightforward, low-maintenance retirement home for someone wanting central convenience and community living. It suits a downsizer looking to simplify and stay connected, but buyers must accept the lease length and confirm finance options before proceeding.
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