3 Bed Detached House For Sale

*** This is a 25% share of ownership ***additional rental charge of £105.98p also payable weekly***



Pattinson estate agents are pleased to offer this delightful three-bedroom, semi-detached family home situated in the sought-after Pallion Park area of Sunderland. Offered as a 25% shared ownership with vacant possession, it presents an excellent and affordable opportunity for first-time buyers and families wishing to relocate.

Key Features

• 25% share of ownership, with a weekly rental charge of £105.98 payable to the majority (75%) shareholder

• Vacant possession – ready to move in

• Spacious living areas and well-appointed kitchen

• Three bedrooms, including a generous second-floor room

• Office/nursery room, ideal for flexible family needs

• Large private lawned gardens to both rear and side

• Allocated car parking space

• Excellent access to Sunderland centre and the North East region via road and public transport

• Proximity to local amenities, shopping, and reputable education facilities

Accommodation Details

• Ground Floor: Welcoming entrance hall, well-appointed kitchen, large living area, downstairs W/C

• First Floor: Two generous bedrooms, office/nursery room, and family bathroom

• Second Floor: Spacious additional bedroom

Ownership and Rental Terms

• Purchasers will own 25% of the property, with the remaining 75% held by a majority shareholder

• Weekly rental charge: £105.98, payable to the majority shareholder

• New owners must meet certain criteria and be approved by the majority shareholder, who will assess affordability

Suitability

This property is ideally suited for:

• First-time buyers seeking a cost-effective route onto the property ladder

• Families looking for flexible living space and access to good schools and amenities

Additional Information

Please note that the property would benefit from some decorative improvements, allowing new owners to add their personal touch.

For further details or to arrange a viewing, please contact the Sunderland team at Pattinson estate agents.







Council Tax Band: B

Tenure: ShareOfLeasehold

Length Of Lease: 107

Annual Service Charge Amount: £5,510.00

Service Charge Review Period: Yearly

Shared Ownership Percentage: 25