2 bedroom flat for sale

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2 bedroom flat for sale

Osborne Avenue, South Shields
£50,250

Our Summary

  • Ground Floor Flat, Ready For Someone To Put Their Own Stamp On

Description

This property, a ground floor flat, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan. The plan allows those aged 60 or over to secure the property with a Lifetime Lease and a share of the property value, saving up to 50% of the market value. The property itself is a welcoming flat with one level living, situated close to local amenities and popular seaside attractions. It features a spacious bedroom, a cozy lounge, a kitchen with integrated appliances, and a bathroom with a shower over the bath. The property has a private rear yard and is being sold with vacant possession. The asking price for the Lifetime Lease is £50,250, which is 33% less than the market value of £75,000.