2 bedroom apartment for sale

Bowes Court, Newcastle Upon Tyne, NE3

Shared ownership £45,000

Property Description

Key features

  • *70% share for sale for £45,000 under the shared ownership scheme*
  • Retirement property for the over 55s
  • Approx. 10 minute walk to South Gosforth metro station
  • Close to South Gosforth’s shops, amenities and eateries
  • Quiet location with no through traffic
  • No rent payable
  • Service charge just £467.66 per annum
  • Modern kitchen and bathroom
  • Communal gardens and off-street parking spaces

Full description

Tenure: Leasehold

***Please quote the following reference when enquiring: BOW330.***

Costs
PRICE - £45,000* | SERVICE CHARGE - £467.66 per annum†
*This represents a 70% share of the full open market value of £64,285
†This includes: management charge, building insurance and service charge. This is reviewed on an annual basis.

Please note: The maximum share you can buy is 70%. No rent is payable to Home Group on the remaining 30% share.

Full description
-Entrance lobby (0.90m x 1.04m) has stairs to first floor hall (0.90m x 1.22m) which leads to landing (0.88m x 3.30m) with utility cupboard.
-Living room (4.70m x 3.49m) with window to front elevation.
-Modern kitchen (2.70m x 2.29m (max)) has white fitted units, contrasting worktops with upstand, recessed plinth lights, partially tiled walls and window to rear elevation. Includes Indesit integrated oven/grill and Smeg 5 burner gas hob with extractor hood.
-Bedroom 1 (3.19m x 2.87m) and bedroom 2 (1.79m x 2.90m).
-Modern shower room (1.83m x 1.68m) has white gloss furniture suite with WC/concealed cistern, ample storage, heated towel rail and vanity mirror.
-Gas central heating and PVCu double glazed windows throughout.
-Private enclosed patio area to side and communal gardens to front.
-All venetian blinds included.

Eligibility requirements
-Applicants must be retired.
-Applicants must have sufficient funds to either purchase the 70% share outright, or to obtain a mortgage.
-Applicants must have sufficient funds to cover the cost of buying.

Please note that we work with a third party, Share to Buy (www.sharetobuy.com/about-share-to-buy/), to determine whether a property is affordable to an applicant. We will share further details about this process should you wish to proceed with an application after you have viewed the property. You will be required to complete their agreement in principle application and submit supporting documents.

Details
Tenure: Leasehold
Lease: Surrender and Regrant - 60 years
Approximate internal area: 50 sq. m.

General information
Local Authority: Newcastle City Council
Council Tax Band: B
EPC Rating: C (74)

Terms and conditions
***Applicants must have a local connection to Newcastle. Priority is given to those registered with Help to Buy NEYH.***

Viewings are held strictly by appointment - call today to arrange a mutually convenient time.

If - after viewing the property - you would like to make an offer, you must register your interest with the Resales Team.


Listing History

Added on Rightmove:
02 October 2018

Nearest stations

  • South Gosforth (0.5 mi)
  • Longbenton (0.5 mi)
  • Iford Road (0.7 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:

Home, Retirement Sales Eastcote

Home Group Ltd PO BOX 1173 Harrow HA1 9NJ

0191 687 0268 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

  • South Gosforth (0.5 mi)
  • Longbenton (0.5 mi)
  • Iford Road (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Home, Retirement Sales Eastcote

Home Group Ltd PO BOX 1173 Harrow HA1 9NJ

0191 687 0268 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 BOW330. 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 Home, Retirement Sales Eastcote. 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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