3 bedroom terraced house for sale

Rare opportunity to purchase a shared ownership of this mid-terraced house on the popular residential development of Dunston Riverside.

Please note: The asking price of £85,000 is for 50% ownership.

The current monthly charges payable to the Home Group from the 1st April 2024 are £291.95 broken down as follows:

Rent: £254.45
Management Charge: £13.83
Insurance Charge: £23.67

The above charges are reviewed annually on 1st April.

Anyone wishing to purchase the home must be assessed and approved by the Home Group before a sale can be agreed.

Buyers can purchase more shares simultaneously, in 10% minimum tranches, whilst purchasing the property. They may consider allowing staircasing up to 100% once the 8-week nomination period has ended.

All applicants must fit certain criteria to qualify for a viewing which is available on request.

Comprises: entrance hallway with downstairs WC, living room with electric fire and access to understairs storage, kitchen/dining room with integrated electric oven, gas hob, plumbing for both dishwasher and washing machine, sliding door to rear garden.

To the first floor there are three good sized bedrooms, two of which are double bedrooms, tiled family bathroom with over bath shower. The upstairs is finished with a store cupboard housing boiler, access to part boarded loft space by loft hatch.

Externally to the front there is allocated parking and additional visitors parking bay, to the rear a private lawned garden with decking and gravel area.

We understand the property is Leasehold. The lease term is 125 years from the 1st January 2004 leaving approx. 104 years at the date of listing.

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

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