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River Drive, South Shields

Key features

  • ONLY OVER 60s are eligible for the Home for Life from Homewise (incorporating a Lifetime Lease)
  • Council Tax Band A
  • SAVINGS against the full price of this property typically range from 20% to 50% for a Lifetime Lease
  • Fantastic Location With Partial River Views !
  • Actual price paid depends on individuals’ age and personal circumstances (and property criteria)
  • Short Distance From The Town Centre For A Range Of Amenities
  • Plan allows customers to purchase a % share of the property value (UP TO 50%) to safeguard for the future
  • Access To South Shields Coast Via Bus Routes Or Walking
  • CALL for a PERSONALISED QUOTE or use the CALCULATOR on the HOMEWISE website for an indicative saving
  • The full listed price of this property is £105,000

Description

OVER 60s can secure this property with a HOME FOR LIFE from HOMEWISE

Through the Home for Life Plan from Homewise, those AGED 60 OR OVER can purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value.
OVER 60s customers typically save between from 20% To 50%*.

Home for Life Plan guide price for OVERS 60s: The Lifetime Lease price for this property is £70,250 based on an average saving of 33%.

Market Value Price: £105,000

The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard. The plan allows customers to purchase a share of the property value (UP TO 50%) to safeguard for the future.

For an indication of what you could save, please use our CALCULATOR on the HOMEWISE website.
Please CALL for more information or a PERSONALISED QUOTE.
Please note: Homewise DO NOT own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not OVER 60 or would like to purchase the property at the full market value of £105,000, please contact the estate agent Andrew Craig.

PROPERTY DESCRIPTION
Situated on the sought after River Drive, this spacious first floor flat is one of the larger styles within an exclusive block of four. Offering partial views of the iconic River Tyne from its elevated position, this property is both charming and practical.
The interior features two well proportioned bedrooms, a bright and airy lounge, and a generous kitchen breakfast room, perfect for relaxed dining. A modern wet room adds to the convenience of the space.

Externally, the property benefits from communal gardens, ideal for enjoying the outdoors, and a private brick-built storage cupboard. Situated in an ideal location, this flat offers direct access to the Town Centre with its array of shops, cafes, and amenities. Excellent transport links, including a nearby metro and bus interchange, ensure easy commuting and connectivity.

Offered with vacant possession, this property presents an excellent opportunity within a desirable riverside location. Don?t miss out on the chance to make this delightful flat your own!
COMMUNAL ENTRANCE
Via secure communal door into communal Hallway.
COMMUNAL HALLWAY
Stairs to the first floor Landing.
FIRST FLOOR LANDING

PROPERTY ENTRANCE
Entrance door into Hallway.
HALLWAY
Loft access, double glazed window with River Views, radiator and storage cupboard.
LOUNGE 5.59m (18'4) x 4.06m (13'4)
Double glazed window, radiator, electric fire with surround and coving to ceiling.
KITCHEN BREAKFAST ROOM 3.71m (12'2) x 3.18m (10'5)
Range of wall and base units with contrasting worktops, space for fridge freezer, plumbing for washer, space for cooker, double glazed window, laminate flooring, walk in larder, stainless steel sink unit with mixer tap, ceiling spotlights, tiling to splash areas and radiator.
BEDROOM ONE 3.84m (12'7) x 3.68m (12'1)
Fitted wardrobes, double glazed window and radiator.
BEDROOM TWO 2.84m (9'4) x 2.67m (8'9)
Double glazed window and radiator.
WET ROOM
Overhead shower, cladding to walls, pedestal hand wash basin, low flush W.C., double glazed window and heated towel rail.
EXTERNALLY
Communal gardens with your own brick built private storage outhouse to the rear of the building.
Tenure
The property is Leasehold with a term of 125 years from 22nd February 1982 subject to an annual ground rent of ?10.
Tenure
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 16 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE33 1TL and mobile coverage is provided by EE, Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed.
Council Tax
The GOV.UK website states the property is Council Tax Band: A
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
Money Laundering Regulations
Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: C

The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Ask agent
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Energy performance certificate - ask agent

River Drive, South Shields

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About Homewise, Covering Tyne & Wear

NE9 6HX

Homewise is a family-run business and we have been helping people to find the right property for their needs for over 50 years. While our office is based in West Sussex, we help home-movers throughout England & Wales the country with our exclusive Home for Life Plan.

This plan incorporates the purchase of a Lifetime Lease which enables those aged 60 and over to secure their next property for less than the market value. By purchasing a Lifetime Lease, our customers benefit from paying a one-off amount to live in the property of their choice free from rent, mortgage, or interest repayments. This can be applied to any property that is on the market with any estate agent anywhere in England or Wales, subject to property criteria such as being of standard construction.

The amount paid is subject to age, personal circumstance, and property criteria, and typically ranges from 20%, 50% less than the market value.

Plus, there is always the option to secure a future inheritance for loved ones too. The Home For Life Plan allows customers to purchase a % share of the property value (UP TO 50%) to safeguard for the future.

For an indication of how you could benefit from a Home For Life Plan on your next home, try the calculator on our website and instantly see a new property price you could look up to and an estimate on how much you could save.

We pride ourselves on our first-class service and family values, and ensure every customer is treated just like that part of the family. Our aim is to help our customers find happiness, security, and financial peace of mind for their future. Discover how we could help you by visiting our website for further details or simply give us a call for a personalised quote.

Your mortgage

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Monthly repayments
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Disclaimer - Property reference 28749_459228. 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 Homewise, Covering Tyne & Wear. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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