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Full details for 2 Bedroom Property For Sale in Boldon

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Description

Exciting Opportunity for First-Time Buyers!

Presenting a rare-to-the-market, modern semi-detached home, perfect for those eager to take their first step onto the property ladder. This stylish property is available through a Shared Ownership Scheme, offering the flexibility to initially purchase a 35% share, with 'staircasing' options to potentially secure 100% ownership over time. (Terms and Conditions Apply)

The home boasts an inviting open-plan ground floor, featuring a well-appointed kitchen, dining area, and comfortable seating space¿all designed to take full advantage of the charming courtyard garden beyond, an oasis of peace and tranquility. Practicality is ensured with a ground floor W.C. Upstairs, you'll find a generous master bedroom, an additional double bedroom, and a smart, modern bathroom.

Situated in a quiet cul-de-sac, the property also benefits from an allocated parking space. Don¿t miss this unique chance to secure your dream home in a desirable location¿opportunities like this are few and far between!
ENTRANCE
Via composite door into Hallway.
HALLWAY
Stairs to first floor and radiator.
GROUND FLOOR W.C.
Low level W.C., pedestal wash basin and radiator.
OPEN PLAN LOUNGE KITCHEN DINER 5.99m (19'8) x 4.39m (14'5)
Range of wall and base units, electric oven and gas hob with extractor over, understair cupboard, laminate flooring, French doors to rear Garden and radiator.
FIRST FLOOR LANDING

FRONT BEDROOM 2.62m (8'7) x 4.39m (14'5)
Stairhead cupboard and radiator.
REAR BEDROOM 4.39m (14'5) x 2.84m (9'4)
Radiator.
BATHROOM
White suite comprising of a panelled bath with shower and screen, low level W.C., pedestal wash basin, ceramic tiling to splash areas and radiator.
EXTERNALLY
Gravelled garden to the front. Courtyard style garden comprising of hard landscaping with mature planting and summer house to rear.
PARKING
Allocated parking space.
Tenure
The property is Leasehold with a term of 125 Years from 1st January 2015.
AGENTS NOTE
Eligibility Criteria -
FULL PURCHASE CRITERIA AVAILABLE FROM AGENT PRIOR TO VIEWINGS
- Staircasing: The buyer can purchase more shares simultaneously, in 10% minimum tranches, whilst purchasing the property. We may consider allowing staircasing up to 100% once the 8-week nomination period has ended.
- Lease term: 125 years from 1st January 2015
- Pets: Not permitted without written confirmation from the landlord. If permitted, a revocable pet licence will be required at a cost of £125 + VAT.
- Charges payable: The current monthly charges payable to Home Group from 1st April 2024 are £247.68 and are broken down as follows:
- Rent - £211.77
- Management charge - £13.83
- Insurance charge - £22.08

The above charges are reviewed annually on 1st April.
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 4 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE35 9NJ 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: B
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: B
APPLICANT ELIGIBILITY
Local connection to the ward of Boldon Colliery required for the first 8 weeks of marketing.
1. People wh have had their main place of residence locally for at least 6 months of the preceding 12 months or
2. People who have had their main place of residence locally for the at least 3 of the preceding 5 years; or
3. People who are employed locally or are to be employed locally or retired from employment locally and wish to remain in the local area. or
4. People whose work provides local services and who need to live locally; or
5. People who have long standing connection with the local area, such as the children of residents or elderly people, who need to move back to the local area to be care for or be cared for by relatives or other carers.

If no suitable purchaser found after 8 weeks of marketing, the property can be offerd to any applicant who meets the shared ownership criteria.

APPLICANT ELIGIBILITY
Priority for affordable housing is given to members of the armed forces.
We consider a maximum of 2 applications at one time. Any other interested applicants should be held as reserve.
Minimum deposit requirement 5-10% (dependant on lender)
Total household income must be under £80,000 This is based on all members of the household aged 18 and older whether they have joined the application or not.
Applicants that currently own a property must have a sale agreed on their current property before they can be considered.
Applicants must not currently own a home anywhere in the world unless a court order forces them to remain on the deed of a property where their children reside.
Applicants must be unable to afford to buy a property suitable for their family size on the open market.
The Shared Ownership property they are looking to buy must be their principle or only home and they may not sublet all or part of it.
Applicants must be financially able to buy the property and pass a financial assessment and secure a mortgage if applicable.

Applicants should also be a British or EU/EEA citizen, or have indefinite leave to remain, Customers who have indefinite leave to remain who are interested in buying a home must be able to demonstrate that they are able to raise a mortgage with an acceptable lender.
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