3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Newlyn Drive, Jarrow
£83,750

Our Summary

  • PROPERTY DESCRIPTIONWe are pleased to welcome this three bedroom mid terrace home to the market, offered with vacant possession and ready for modernisation
  • This property presents an excellent opportunity for first time buyers, those looking for a renovation project, or families seeking a new home to make their own

Description

This property is a three-bedroom mid-terrace home in South Shields, available for purchase through the Home for Life Plan from Homewise. The plan allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the cost being less than the full market value. The market value of this property is £125,000, but the Lifetime Lease price is £83,750, representing a saving of 33%. The property itself is in need of modernization and offers a spacious lounge, kitchen, and three bedrooms, as well as low-maintenance gardens and a garage with parking. The property is freehold and is being marketed as an example of a property that can be purchased using the Home for Life Plan.
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