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 £80,500 based on an average saving of 33%.
Market Value Price: £120,000
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 £120,000, please contact the estate agent Andrew Craig.PROPERTY DESCRIPTION
Set on the ever popular Whiteleas Estate, this three bedroom end terrace home on Lorrain Road occupies a generous plot and presents an excellent opportunity for buyers seeking a property with potential. Having undergone a scheme of refurbishments, the home is well placed for access to local amenities and transport links.
The accommodation briefly comprises an entrance hall leading to a bright lounge and a kitchen. To the first floor, there are three bedrooms, a neutral bathroom suite and a separate WC.
Externally, the property benefits from a sunny rear aspect with ample lawned gardens, ideal for outdoor enjoyment. To the front, there is a further lawned garden, a timber shed to the side, and a driveway providing off road parking.
While some improvements have been made, the property still requires finishing works, offering an excellent opportunity for buyers to put their own stamp on it. Offered with vacant possession, this property would make an ideal starter home or investment purchase.
ENTRANCE Door into Hallway.
HALLWAY Stairs to first floor landing and door into Lounge.
LOUNGE 5.49m (18'0) x 3.02m (9'11)
Two windows and two radiators.
KITCHEN 5.49m (18'0) x 3.45m (11'4)
Basic range of base units, radiator, laminate flooring, tiling to splash areas, window, door to rear and plumbing for washing machine.
FIRST FLOOR LANDING BEDROOM ONE 3.73m (12'3) x 2.49m (8'2)
Window, storage cupboard and radiator.
BEDROOM TWO 2.21m (7'3) x 2.39m (7'10)
Window and radiator.
BEDROOM THREE 2.44m (8'0) x 2.79m (9'2)
Window, radiator and cupboard housing boiler.
BATHROOM Bath, pedestal hand wash basin, cladding to walls and window.
SEPARATE W.C. Low flush W.C., window and part cladding to walls.
EXTERNALLY Lawned garden to front, timber shed to the side and a sunny aspect rear garden.
PARKING Driveway to front.
Tenure The property is Freehold.
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 1 Mbps and a maximum download speed of 1800 Mbps at this postcode: NE34 8HU 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: TBC
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.
