This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£32,500
2 bedroom Semi Detached House for sale, Sidings Place, Fencehouses, Tyne and Wear, DH4
Features and Description
- 2 Bed Semi House and Gardens
- Shared Ownership Scheme
- No Upward Chain
- Solar Panels - Off Street Parking
- Approx 74SqM - 797SqFt
- Council Tax Band B
- Leasehold
- EPC Rating C
This is a fine example of a modern semi-detached house that has been slightly adapted to cater for the existing owners needs and is being offered to the market with No Upward Chain.
A spacious Hallway with useful cloakroom/WC guides you into the principal Lounge/Diner with double doors leading out into the gardens. Tis is served by a modern style kitchen with bult in appliances.
Both bedrooms to the first floor are double in size and are served by a spacious Wet Room.
The front gardens are open plan and there are side and rear gardens that are enclosed with a timber gate leading to the off-street parking.
Set o a modern sought after residential estate with a wide choice of local shopping, schooling of all grades, health and leisure facilities all being close at hand
This property is available on a 26% share through shared ownership. The price of the 26% share is £32,500 plus an initial rent of £354.39 per calendar month which this includes management charge and building insurance.
Shared Ownership
The Shared Ownership scheme is aimed at first time buyers or those re-entering the property market who cannot currently afford to purchase a property outright.
Through the shared ownership scheme you purchase a property on a part buy, part rent basis. As this property was previously sold through the shared ownership scheme, you would have to buy at least the same share as the current home owner holds. In this case you would buy the 26% share of the property and pay rent on the share that you don’t own .There is also the option to buy this house at 100% for a price of £125,000 You are also able to sell your share if you wish to move on in the future.
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.
Additional Information
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Property refQHO250329
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EPCC
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TenureLeasehold
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Lease length111 years
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Local authoritySunderland City Council
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service ChargeContact the branch
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Your Move Estate Agents Houghton-le-Spring
Your Move Houghton-le-Spring
2-3 Imperial Buildings, Houghton-le-Spring, DH4 4DJ
Mon - Fri09:00 - 17:00Saturday09:00 - 13:00SundayClosed
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Borrowing £29,250 and repaying over 25 years with a 2.5% interest rate.
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Current
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81CO2 Rating
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