1 Bed Flat For Sale

Claypath, Durham

DH1 1QE

£73,750

Added 09 May 2024

Property Details

Property Type

Flat

Bedrooms

1

Location

DH1

Description

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 OVERS 60s: The Lifetime Lease price for this property is £73,750 based on an average saving of 33%.

Market Value Price: £110,000


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 £110,000, please contact the estate agent J W Wood.

PROPERTY DESCRIPTION
Over 55's top floor apartment in the original part of this Grade II Listed building within the City Centre.

The apartment is within walking distance of shops, restaurants and facilities within the city and has Cathedral views to the front and extensive views to the rear. The property has high ceilings, electrical heating, double glazing (bedroom triple glazed) and comprises, an entrance lobby, hall/dining area, lounge, kitchen, bedroom and a modern shower room. It is of a unique style and design and provides a 'ready to move into' property for the over 55's.

The development itself includes secure communal entrances with lift to all floors, residents lounge, laundry rooms and refuse chute. It is conveniently located in the heart of the City Centre affording it the benefit of the City's many shopping and recreational facilities and amenities. It also lies close to an excellent road network, and public transport connections, making it well placed for commuting purposes.

Agent notes:
Leasehold - 125 years from June 1999
Ground rent - ?100 per annum.
Maintenance charge - ?273.79 per month.
Parking - Residents parking available, but no allocated space.
Council tax band - C.
Utilities - mains electricity, water (not metered) & drainage, no gas.
Flood Risk: Rivers & Seas - Very Low/Surface Water - Low.
Mobile phone coverage from O2 & Vodafone, EE & Three is good.
Satellite available from Sky, no cable available.
Broadband estimated speeds: Standard (23mbps), Superfast &, Ultrafast not available.




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.

Location

Map showing DH1 1QE

Nearby Properties

Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Homewise directly to verify availability, arrange viewings, and obtain comprehensive property documentation.

Listed by

Homewise

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