*SHARED OWNERSHIP ONLY FOR THE 55s* (Projected handover July/August 2025)
Stonebridge Shaw in partnership with Karbon Homes is pleased to bring to the market this two bedroom apartment for the over 55s which is available through the shared ownership scheme listed at £112,500 for a 50% share.Full market value £225,000 Rent payable on the remaining 50% share would be £257.81 per month
Additional charges - service charge is currently £127.56 plus management fee of £17.13, depreciation and redecoration of £136.09, warden services of £61.04 and monthly buildings insurance £22.04 (total monthly payment excluding rent is £363.86)
Shares can be purchased between 25-75%, this is an over 55s scheme and you must have a local area connection
*PLASE ENSURE YOU READ THE KEY INFORMATION DOCUMENT AT THE FOOT OF THE ADVERT TO CHECK ELIGIBILITY BEFORE REQUESTING FIRTHER INFORMATION* The Blyth is a spacious 2 bedroom apartment which offers a modern kitchen and living space. There is a master bedroom, bathroom, a second bedroom and handy storage cupboard. Athol House is an exciting development of 34 apartments for over 55s located in Ponteland, Northumberland. All apartments benefit from underfloor heating.
Living Room - 4.22 x 3.29m (13.85 x 10.79ft)
Kitchen - 3.28 x 2.7m (10.76 x 8.86ft)
Bathroom - 2.3 x 2.2m (7.55 x 7.22ft)
Bedroom one - 4.7 x 2.75m (15.42 x 9.02ft)
Bedroom two - 3.49 x 2.66m (11.45 x 8.73ft) Lease term: 125 years
*The photos are for illustrative purposes only and don’t necessarily relate to this property.*
Note from the team at Stonebridge Shaw We always aim to ensure our properties are displayed accurately with the photos, virtual tour, floor plans and descriptions provided. However these are intended as a guide and purchasers must satisfy themselves by viewing the property in person
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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