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Key Features

  • Ever Popular and Sought After Location
  • Walking Distance To Marsden Beach and The Nook
  • 25% Shared Ownership
  • Situated Within A Well Regarded Cul-De-Sac
  • Perfect For Someone Looking For One Level Living
  • Reference : 449947
  • The property is Leasehold with a term of 99 Years from 1st January 1995.

Property Description

Delight in the chance to own a 25% share of a two bedroom Bungalow, available for those over 55. Situated in the popular Beaconside area, this property is nestled in a quiet Cul-De-Sac and boasts a generous plot with attractive lawned gardens at the front and a driveway for convenient off street parking.

There is a Sunny aspect garden to rear, complete with a lawn and patio area, ideal for relaxation and outdoor entertaining. Inside, the bungalow features an entrance hallway that leads into a lounge with direct access to the garden. The kitchen/diner is well-appointed with ample space for appliances and meals. Two well-proportioned bedrooms are served by a neatly presented bathroom. Located close to South Shields' award winning Coastline, the property benefits from easy access to local amenities at The Nook and efficient bus links for commuting.

Offered with vacant possession, this bungalow presents an excellent opportunity. Early viewing is highly recommended to appreciate the potential and charm on offer.

ENTRANCEVia UPVC door into Hallway.

HALLWAYStorage cupboard, radiator, door into Lounge

LOUNGE4.47m (14'8) x 3.81m (12'6)Double glazed window and UPVC door to rear.

KITCHEN DINER5.49m (18'0) x 4.19m (13'9)Fitted with a basic range of wall and base units with contrasting worktops, space for appliances, part tiling to walls, tiling to floor, radiator, double glazed window and boiler is located here.

BEDROOM ONE4.11m (13'6) x 2.74m (9')Double glazed window and radiator.

BEDROOM TWO3.1m (10'2) x 2.97m (9'9)Double glazed window and radiator.

BATHROOMPanelled bath with shower over and shower curtain, pedestal hand wash basin, low flush W.C., part tiling to walls, tiling to floor and radiator.

GARDENLawned garden to front with gated access to side leading to a Sunny aspect rear garden with patio and lawn areas.

PARKINGDriveway to front.

LeaseWe have in our possession a copy of the lease for a term of 99 years from 1 January 1995. There is provision for payment of rent, service charge and management charge and we are awaiting copies of documents showing full details of current charges. We are advised that the current amount payable is £385.04 pcm but we are awaiting a detailed breakdown of this. The lease is for 25% ownership with the remaining 75% owned by the housing association.

TenureWe will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease. They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.

Broadband and Mobile CoverageThe Ofcom website states the average broadband download speed of 2 Mbps at this postcode: NE34 7PU and mobile coverage is provided by Three, O2 and Vodafone. The checker results are predictions and should not be regarded as guaranteed.

Council TaxThe GOV.UK website states the property is Council Tax Band: C

Money Laundering RegulationsPlease note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash. You'll also need to provide us with full chain details including agents and solicitors down the chain. To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.

Material InformationThe information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place. All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose. We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale. If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.

EPC Rating: E

TenureThe property is Leasehold with a term of 99 Years from 1st January 1995.

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Location

Further Details

  • Status: Available
  • Council tax band: C
  • Tenure: Leasehold
  • Tags: Garden, No Onward Chain, Parking and/or Driveway
  • Reference: 449947

Stamp duty due

Based on a sale price of £42,500 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

2 bed semi-detached bungalow for sale in Beaconside, South Shields - Property EPC