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3 bedroom terraced house for sale
Newlyn Drive, Jarrow
£77,000
Newlyn Drive, Jarrow
£77,000
Our Summary
- PROPERTY DESCRIPTIONWe are pleased to welcome this three bedroom mid terrace home to the market, offered with vacant possession and ready for modernisation
- This property presents an excellent opportunity for first time buyers, those looking for a renovation project, or families seeking a new home to make their own
Description
This three-bedroom mid-terrace home is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan. The plan allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value, with the cost of the Lifetime Lease being less than the full market value. For this property, the Lifetime Lease price is £77,000, which is 33% less than the market value of £115,000. The property itself is a vacant possession home that requires modernization and is located on the border of South Shields, with easy access to the A19 and local amenities. It features an entrance hallway, ground-floor W.C., lounge, kitchen, three bedrooms, and a family bathroom, with low-maintenance gardens to the front and rear and a garage providing parking.