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3 bedroom terraced house for sale
Gordon Road, South Shields
£80,500
Gordon Road, South Shields
£80,500
Our Summary
- PROPERTY DESCRIPTIONSituated in the popular West Harton area, this three bedroom mid terrace offers excellent potential for buyers wishing to place their own stamp on a home
- Ideally positioned close to South Tyneside Hospital, with good shops, amenities and a Metro station nearby, the property combines convenience with scope for further improvement
- While internal modernisation is required, the property benefits from remedial works already carried out externally, providing a solid foundation for future development
- The flexible layout has primarily been used as three bedrooms, however with three reception rooms to the ground floor, there is potential to adapt the accommodation to create a fourth bedroom if desired
- With its fantastic location, adaptable floor plan and scope for modernisation, early viewing is highly recommended to appreciate the potential on offer
Description
This property, a three-bedroom mid-terrace house in West Harton, 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 purchase a Lifetime Lease and a share of the property value, with the cost to purchase the Lifetime Lease always being less than the full market value. For an over-60s buyer, the guide price for this property would be £80,500, which is a saving of 33% compared to the market value of £120,000. The property itself requires modernisation, but has a flexible layout and potential to adapt the accommodation to create a fourth bedroom. It is situated close to South Tyneside Hospital, shops, amenities, and a Metro station, making it an excellent opportunity for a wide range of buyers.