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2 bedroom flat for sale
Wharton Street, South Shields
£50,250
Wharton Street, South Shields
£50,250
Our Summary
- This property also represents a fantastic investment opportunity
Description
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Here is a summary of the property description in a single paragraph without a list:
This two-bedroom ground floor flat is located in the town centre, offering easy access to shops, the bus and metro interchange, and the beach. The property features a spacious lounge, kitchen, bathroom, and two bedrooms, all on one level. The private rear yard provides a sunny outdoor space. The flat is available for purchase through Homewise's Home for Life Plan, which allows those aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is £50,250, which is less than the full market value of £75,000. The property is leasehold with a term of 999 years, and the annual ground rent is £15.