5 bed flat for sale

Prince Consort Road, Gateshead NE8

Over 60s can secure this property with a Home For Life from Homewise

Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value.

Over-60s customers typically save between from 20% To 50%*.

Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £87,000 based on an average saving of 33%.

Market Value Price: £130,000

The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.

For an indication of what you could save, please use our calculator on the Homewise website.

Please call for more information or a personalised quote

Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.

It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.

If you are not over 60 or would like to purchase the property at the full market value of £130,000, please contact the estate agent Andrew Craig.
Property description

Spacious, Modernised, Five Bedroom Maisonette Situated in Central Gateshead, Ideal for Families or Investors Alike. This maisonette is ideally positioned to enjoy all the benefits of Gateshead's amenities, including local shops, schools, and transport links with the surrounding area offers a vibrant community atmosphere.
With its flexible layout and prime location, this property represents an excellent opportunity for anyone looking for a spacious and well-connected home.
Offering an ideal living space for families or professionals the versatile layout is access via an entrance lobby with stairs leading to first floor landing. There is a spacious perfect for relaxation or entertaining guests. The kitchen offers a practical and functional space for preparing meals. On this level you will find three well-sized bedrooms and bathroom.
The upper floor hosts two further spacious bedrooms, ideal for guests, or as additional work-from-home spaces.
Viewing is a must to fully appreciate.

Entrance hallway
Stairs to first floor landing.
First floor landing

main bedroom 4.6m (15'1) x 3.61m (11'10)
Window to front, coving to ceiling and radiator. Feature fireplace.
Front bedroom 3.38m (11'1) x 2.03m (6'8)
Window to front, radiator.
Rear bedroom 3.27m (10'9) x 2.05m (6'9)
Window to rear, radiator.
Lounge 4.51m (14'10) x 3.42m (11'3)
Window to rear, radiator, feature fireplace with coal effect fire.
Kitchen 3.1m (10'2) x 1.94m (6'4)
Fitted with a range of wall and base units, incorporating inset sink and worktops. Built in oven with hob and canopy. Tiled splash backs and window to rear.
Bathroom
Suite comprising panel bath with shower over, pedestal hand wash basin, low level w.c., window to rear, partial tiling to walls.
Second floor landing

bedroom 3.69m (12'1) x 2.77m (9'1) measured into eaves.
Skylight window, radiator.
Bedroom 4.77m (15'8) x 2.9m (9'6) Measured into eaves.
Skylight window, radiator.
Externally
Externally there is a shared yard to rear.
Tenure
The property is Leasehold with a term of 999 years from 5th December 1991.
Tenure
We 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.
Money Laundering Regulations
Please 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 Information
The 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.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 15 Mbps and a maximum download speed of 1800 Mbps at this postcode: NE8 1LR and mobile coverage is provided by E, Three, O2, Vodafone. The checker results are predictions and should not be regarded as guaranteed.
Council Tax
The website states the property is Council Tax Band: A

EPC Rating: E
agents note
We would point out that the owner is a Director of Andrew Craig Ltd and has a financial interest in this property. We would confirm that the sale and all negotiations in respect of this shall be dealt with by applying all Company procedures in accordance with guidelines.
The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. 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 the purpose. Suitable as a retirement home.