2 bedroom flat for sale

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2 bedroom flat for sale

Azalea Terrace South, Sunderland
£36,750

Our Summary

  • Early viewing is highly recommended to fully appreciate the potential and convenience of this city-based home

Description

This property is a second-floor apartment on Azalea Terrace South, Sunderland, offered with no onward chain. It's an excellent opportunity for first-time buyers, couples, and investors, with easy access to shops, amenities, and public transport links. The property features two bedrooms, a lounge, kitchen, and bathroom, with communal grounds and an allocated brick store to the rear. The leasehold property has a term of 125 years from 1984, with an annual ground rent of £10. The estimated cost to purchase a Lifetime Lease through Homewise's Home for Life Plan is £36,750, which is 33% less than the market value of £54,950. This plan allows customers aged 60 or over to purchase a share of the property value to safeguard for the future.