2 bedroom apartment for sale

The Rise, Scotswood, Newcastle Upon Tyne, NE15 6BG

Shared ownership £50,000

Property Description

Key features

  • 2 bedrooms
  • Dining kitchens
  • Family bathroom with shower over bath
  • Double glazing
  • Off street parking
  • Innovative central heating system
  • Sustainable home

Full description

The Rise


Thirteen Group are proud to be part of The Rise. We have just taken ownership of our final phase of homes and we are now taking applications through Help to Buy NEYH.

Prices start at £25,000 for a 25% share in a first floor apartment and initially go up to £75,000 for a 75% share.

A ground floor apartment is also available starting at £22,500 for a 25% share.

Property specifications vary but the minimum specification includes:

•2 bedrooms
•Living/dining room
•Family bathroom with shower over bath
•Double glazing
•Off street parking
•Innovative central heating system
•Sustainable home


The Rise development will eventually provide 1,800 new, affordable and sustainable homes. The project - the biggest housing led regeneration initiative in the North East - is being delivered by The New Tyne West Development Company, a public/private partnership between Newcastle City Council, Barratt Homes and Keepmoat.

About shared ownership

Shared ownership is a scheme that helps people get onto the property ladder who might have previously thought buying a new home was unaffordable.
Through shared ownership, you can buy a share in the property with a mortgage and pay an affordable rent for the remaining share that you don't own. You can initially own a share between 25% and 75% of the property, and over time you can buy more shares until you own the property outright.

As a shared owner, you will benefit from any increase in market value over time, but equally if the market value decreases your share value can also go down.

You will be able to make any alterations and improvements to your home, as well as selling it if you want to move. To access shared ownership you will need to meet a minimum set of qualification criteria which includes an income assessment to make sure you can afford the mortgage and rent. If you currently own a property, you may qualify for shared ownership in some circumstances. Once you have been approved and have chosen a new home, you will purchase the property just like any other new home - obtaining a mortgage from the lender of your choice.


More information from this developer

Listing History

Added on Rightmove:
08 January 2015

Nearest stations

  • MetroCentre (0.8 mi)
  • Blaydon (1.6 mi)
  • Dunston (1.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Thirteen Group

Scotswood, Newcastle Upon Tyne, NE15 6BG

0191 687 0081 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • MetroCentre (0.8 mi)
  • Blaydon (1.6 mi)
  • Dunston (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Thirteen Group

Scotswood, Newcastle Upon Tyne, NE15 6BG

0191 687 0081 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 2_Bed_APT_50PC. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Thirteen Group. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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