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St. Marys Green, Whickham NE16 1 bed flat for sale
St. Marys Green, Whickham, NE16
£50,000
St. Marys Green, Whickham, NE16
£50,000
Our Summary
- Open to cash buyers only, offered with no upper chain, this one bedroom studio flat which is very conveniently located in the heart of Whickham Village on St Mary's Green
- Cash Buyers ONLY
Description
This one-bedroom studio flat is located in the heart of Whickham Village on St Mary's Green, offering a convenient and desirable living location. The property is gas central heated and double glazed, with similar properties renting for £500 per month depending on condition. The flat is held on a 125-year lease that commenced in 1988, with 88 years remaining, and the seller is currently extending the lease by 90 years, reducing the ground rent to a peppercorn. The flat features a communal entrance, hallway, lounge, bedroom, kitchen, and bathroom, with an external allocated storage cupboard and communal area for drying washing. The current annual ground rent is £10 and the annual service charge is around £500, with full details to be confirmed. The property is being sold to cash buyers only, with no upper chain, and is an excellent opportunity for those looking for a convenient and affordable living space.