Tel: 0191 4862029

Bayfield, West Allotment, Newcastle upon Tyne, NE27

Sold STC - Leasehold - Fixed Price £83,278

2 Bedrooms, 1 Reception, 1 Bathroom, Terraced, Leasehold

****DUE TO THE HIGH LEVEL OF INTEREST THE SELLER IS UNABLE TO ACCEPT NEW VIEWING REQUESTS AT THIS TIME. IF YOU WISH TO BE ADDED TO THE RESERVE VIEWING LIST PLEASE LET US KNOW****

***This property is being sold under the North Tyneside affordable housing scheme. Please read the eligibility criteria which are included after the room descriptions ***

This lovely two bedroomed mid terraced house occupies an enjoyable location with open green space to the front and is located within a convennt and popular area. The house has gas combi heating, double glazing, an enclosed back garden and one private parking space to the front. The house is being sold under the North Tyneside affordable housing scheme whereby it can only ever be sold for 52% of it's full market value at the time of sale, but the owner has 100% ownership with no rent to pay. We are anticipating a high level of interest and advise early viewing where possible. Leasehold 109 years.

Main entrance door to :
Porch		With radiator
Living room		With radiator and open plan stairs.
Kitchen		With radiator. Breakfast bar. Fitted units. Plumbed for washer. Gas boiler. Integrated oven and hob. Space for washer. Patio doors to rear garden.
First floor landing		Cupboard.
Bedroom one		Radiator.
Bedroom two		Radiator. Cupboard. Wardrobe.
Bathroom		With radiator, bath, wash basin and w.c.
Outside space		Parking space for one car to the front,. Enclosed patio garden to the rear. One marked parking space to the front.
Ground rent		An annual ground rent of approximately £165 is payable to Innovus. The seller has stated that since they purchased the house in 2011, an estate maintenance charge has never been billed to them or paid. Your solicitor must verify this prior to exchange of contracts.
ELIGIBILTY CRITERIA - North Tyneside Affordable Housing Scheme		Property Details: Affordable Housing Opportunity The property has been valued by a Chartered Surveyor at a full market value of £160,150. Under North Tyneside's affordable housing scheme, the property is sold at 52% of its market value, equating to £83,278. Any future sales will also be at 52% of the property's then-market value. The buyer will own 100% of the property but must meet the eligibility criteria under Section 106 of the affordable housing scheme for Holystone. The property is for owner-occupation only and cannot be purchased by individuals who own other properties. Eligibility Criteria: Household income below £60,000 and unable to buy on the open market. Must meet at least one of the following: Lived in North Tyneside for at least 5 years. Currently working or about to begin permanent work in North Tyneside. Special circumstances (to be referred to North Tyneside Council for approval). For more information, including a detailed PDF document, please get in touch.