2 bedroom apartment for sale

Howard Street, Newcastle Upon Tyne, NE1

Shared ownership £56,000

Property Description

Key features

  • A 5% deposit is just 2,800!
  • Fantastic opportunity to take a step onto the property ladder
  • *56,000 for a 40% share*
  • Viewing is highly recommended
  • Excellent starter home
  • Top floor flat within a five storey building
  • Private off-street parking
  • Stunning views
  • Walking distance to Newcastle Gateshead's vibrant quayside scene

Full description

Tenure: Leasehold

***Please quote TUB330 when enquiring.***

- What the owner says -
"The apartment is situated within the quayside area of Newcastle and is within easy walking distance of the vibrant quayside scene, trendy Ouseburn area and city centre shops, bars and restaurants.

The main rooms of the apartment overlook the cityscape towards the River Tyne with views of the Baltic Centre for Contemporary Art, the Sage and the Gateshead Millennium Bridge. The living room has a Juliet balcony which opens to the quayside skyline and gives a sense of living in the centre of everything.

The apartment is very peaceful as it is one of only two penthouse apartments on the top floor. As there are no adjoining apartments a lot of privacy is enjoyed."

- Full description -
Communal entrance lobby with lift to all floors.
Entrance hall with telephone entry system for added security and peace of mind.
Living room (3.2m x 4.7m) with French doors opening to Juliet balcony. Kitchen off (3.7m x 2.2m) includes integrated electric oven, gas hob, extractor, fridge/freezer and washing machine.
Master bedroom (4.7m x 2.6m). Second bedroom (3.4m x 2.4m).
Family bathroom (2.3m x 2.1m) has bath with overhead shower, glass screen, wash basin and WC.
Laminate flooring laid throughout, with vinyl to the bathroom.
Two large storage cupboards.
Gas central heating throughout.
Communal gardens.
Private off-street parking.

- Costs -
PRICE - £56,000* | RENT - £218.50pm | SERVICE CHARGE - £129.18pm**
*This represents a 40% share of the full open market value of £140,000
**This includes: sinking fund, management charge, building insurance and service charge. Rent and service charges are reviewed annually.

- Eligibility requirements -
The minimum household income requirement for this property is £20,172^.
If you will be obtaining a mortgage you will need at least £2,800 in savings (i.e. a 5% deposit).

^If your deposit is more than 5% the minimum income requirements may be less. Please contact us for further details.

If you will be purchasing with a mortgage you must provide us with an Agreement in Principle (AIP) to support your application. Evidence in support of your AIP (or proof of funds if cash buyers) must also be provided. Further details available on request.

In order to apply you must be registered with the local Help to Buy Agent - NEYH: https://www.helptobuyneyh.co.uk/apply/. You will need to provide your HTB reference number (or approval letter) when completing the application process.

- General information -
Tenure: Leasehold
Lease: 125 years from 1 January 2015
Years remaining on lease: 121 approx.
Approximate internal area: 58 sq. m.
Local Authority: Newcastle City Council
EPC Rating: B (82)

- Terms and conditions -
***Applicants must have a local connection to Tyne and Wear and be registered with North East, Yorkshire and Humberside. Priority is given to first time buyers.***

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

Applications are only accepted from those who have viewed the property. If you have viewed and would like to apply please register your interest with the Resales Team.

VIEWINGS STRICTLY BY APPOINTMENT ONLY - CONTACT 0191 731 1445 FOR MORE INFORMATION


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
05 July 2019

Nearest stations

  • Manors (0.3 mi)
  • Jesmond (0.7 mi)
  • Newcastle Central (0.8 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 Group, Re-Sales, Farringdon

Home Group Limited, Farringdon Point, 33 Farringdon Road, London, EC1M 3JF

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

  • Manors (0.3 mi)
  • Jesmond (0.7 mi)
  • Newcastle Central (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Home Group, Re-Sales, Farringdon

Home Group Limited, Farringdon Point, 33 Farringdon Road, London, EC1M 3JF

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 TUB330. 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 Group, Re-Sales, Farringdon. 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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