3 bedroom flat for sale

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3 bedroom flat for sale

Stanhope Road, South Shields
£53,500

Our Summary

  • Deceptively Spacious Ground Floor Flat - Ideal Investment or Home Ownership OpportunityConveniently located close to the Town Centre and local shopping amenities, this deceptively spacious ground floor flat offers excellent potential

Description

This property is a deceptively spacious ground floor flat located close to the town center, available for purchase through Homewise's Home for Life Plan. The plan allows those aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the cost of the Lifetime Lease being less than the full market value. The property itself has three well-proportioned bedrooms, a stylish kitchen, and a brand new modern bathroom. It also has a private yard to the rear and is offered with vacant possession. The asking price for the Lifetime Lease is £53,500, which is 33% less than the full market value of £80,000.