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  1. Property photo 1 of 17 (Main)
  2. Property photo 2 of 17 Bedroom One
  3. Property photo 3 of 17 Lounge

Guide price

£50,250

2 bed flat for sale
Revesby Street, South Shields NE33

    • 2 beds

  • Retirement
  • Leasehold

Homewise Ltd

Logo of Homewise Ltd

About this property

  • Only Over-60s are eligible for the Home for Life from Homewise (incorporating a Lifetime Lease)

  • Savings against the full price of this property typically range from 20% to 50% for a Lifetime Lease

  • Actual price paid depends on individuals’ age and personal circumstances (and property criteria)

  • Plan allows customers to purchase a % share of the property value (Up to 50%) to safeguard for the future

  • Please call for a personalised quote, or use the calculator on the Homewise website for an indicative saving

  • Council Tax Band A

  • Well Kept First Floor Flat, Offered With Vacant Possession

  • Spacious Living Throughout With The Bonus Of A Loft Space

  • Within Reach To Well Regarded Schools, Parks & Tyne Dock Metro Station

  • The full listed price of this property is £75,000

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 £50,250 based on an average saving of 33%.

Market Value Price: £75,000

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 £75,000, please contact the estate agent Andrew Craig.
Property description

Immaculate Two Bedroom Upper Floor Flat with Loft and Carport !

This beautifully presented upper floor flat is a true credit to the current owner and is offered with vacant possession. Spacious and affordable, the property is ready to move into and ideal for first time buyers or investors alike.

Accessed via a private hallway and staircase, the first floor comprises a landing with doors leading to two bedrooms and a versatile study, formerly bedroom three, which now houses stairs to the loft. The generous lounge leads through to a stylish modern kitchen with integrated appliances, which in turn provides access to a sleek shower room and stairs down to a covered rear yard - perfect for use as a carport or additional storage.

The loft has been fully boarded and carpeted, featuring excellent eaves storage and a skylight, offering great versatility.

Ideally located just off Stanhope Road, the home is close to excellent amenities at Boldon Lane, Tyne Dock Metro, major bus routes, West Park, and South Tyneside Hospital. This immaculate flat offers great value and a fantastic location, an excellent starter home or smart buy to let opportunity.
Entrance hallway

first floor landing

rear bedroom 3.4m (11'2) x 1.85m (6'1)

front bedroom 4.32m (14'2) x 3.71m (12'2)

study 2.41m (7'11) x 1.17m (3'10)

lounge 4.52m (14'10) x 3.99m (13'1)

kitchen 3.18m (10'5) x 2.57m (8'5)

shower room 1.07m (3'6) x 2.57m (8'5)

second floor landing

loft space 5.99m (19'8) x 6.15m (20'2)

carport 3.99m (13'1) x 3.66m (12')

Disclaimer
The loft space does not have building regulations approval for use or classification as a bedroom; prospective buyers are advised to make their own enquiries.
Tenure
The property is Leasehold with a term of 99 years from 25th April 1986 subject to an annual ground rent of ?15.

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.
Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 11 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE33 4SY and mobile coverage is provided by EE, Three, O2 and 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
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 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.

EPC Rating: Tbc

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.

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Property descriptions and related information displayed on this page are marketing materials provided by - Homewise Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Homewise Ltd for full details and further information.