Similar properties for sale by Your Move Rowlands Gill
2 bedroom Mid Terrace Bungalow for sale, Rowlands Gill, NE39
Features and Description
- 70% shared ownership
- Over-55s only with eligibility criteria
This two-bedroom bungalow is available at 70% of the full market value (which has been set at £130,000) due it being shared offered on a 70%-shared ownership basis of the leasehold title, with the remaining 30% of the title to the property being held by Karbon Homes Limited, who are the freeholders.
Situated within the cul-de-sac, which is just off Station Road / A694, the property has uPVC double glazing and electric storage heaters. The accommodation, which would benefit from some updating, includes: an entrance hall with a built-in cupboard, a good-sized living room to the front, leading through to a fitted kitchen that has a large walk-in storage cupboard and a door to the rear patio garden. The larger bedroom is situated to the rear with the smaller bedroom to the front and a bathroom between them, all conveniently accessed from the central hallway.
Externally there is a low-maintenance patio garden to the rear, with a gate to the side for access and to allow for putting the bins out. To the front there is a small grassed area and flagged path and there is residents' and visitor parking within the cul-de-sac.
Hollydene is situated just off Station Road (A694) within the heart of the semi-rural village of Rowlands Gill, in the Derwent Valley, close to the shops, restaurants and amenities in the village (including a doctor's practice, Boots Pharmacy, Post Office shop and Tesco Express). The A694 provides access to Newcastle (8.5 miles) the Metro Centre and the A1(M)(5.3 miles), while Newcastle Airport is just over 10 miles away and there are regular buses running through the village with a bus stop within 200 yards of the bungalow. There are popular countryside walks and cycle routes in the area, including the Red Kite Trail and Derwent Country Walk, while the National Trust's Gibside estate is at the edge of the village, just 0.7 miles from Hollydene.
Material Information -
1. There is a monthly service/maintenance charge, of £42.73 (for 2024 - annual fees can vary) paid to Karbon Homes. This includes communal area maintenance, development management costs and buildings insurance.
2. The lease term on the leasehold title is the remainder of 99 years from 1st January 1988 (ie. to 1st January 2087). There are certain restrictive covenants contained in the leasehold title, dating from 1920 and 1988. Please enquire for further details and information.
3. On acceptance of an offer by our vendor, the potential purchaser must have an eligibility interview with the development manager from Karbon Homes.
4. There are certain conditions that relate to the ownership, occupation and any future resale including some additional resale costs that any purchaser should be aware of before proceeding with a purchase of the property. A future sale can only be for the 70% share that is owned and must also therefore be agreed at 70% of the full market value, which must be determined through an independent RICS (Royal Institute of Chartered Surveyors) valuation. Further information will be provided at the earliest opportunity to interested potential buyers.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.