3 Bed Detached House To Rent

Redcar Road, Sunderland

SR5 5RQ

£780

Added 05 Jan 2023

Property Details

Property Type

Detached House

Bedrooms

3

Location

SR5

Description

This three bedroom home is perfect for couples and young families alike. Modern fitted kitchen to the front of the home with oven, hob and extractor fan. Ground floor wc. Spacious living room with french doors out to rear garden.



To the first floor there are two double bedrooms and one single bedroom. Family bathroom with shower over bath.



Externally the property has a driveway for several cars and large rear garden.



The Rent to Buy scheme



The ultimate aim of the scheme is to allow you to take advantage of the reduced market rent in the 5 year term, allowing you to save for a deposit. After 5 years, if the property is not purchased, the rent will increase to be in line with full Market Rent. At the end of the 5 year term, you will have first refusal to buy the property, subject to meeting the criteria and financial qualification. The sale of the property will always be agreed at Market Value, established by a qualified, RICS valuer.



The 4 key eligibility requirements for this scheme are:



1. The property must be your only home

2. At least one member of your household needs to be in permanent employment

3. The rent should utilise 25% - 45% of your household income

4. If you are an existing homeowner, you may be eligible, for example,

if due to a relationship breakdown



Step process is outlined below:



1. Complete the Rent to Buy application form and to return to the Sales & Lettings Team

2. A Financial Advisor will make contact with you.

You will need to provide the documentation they require.

Location

Map showing SR5 5RQ

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 Karbon Homes directly to verify availability, arrange viewings, and obtain comprehensive property documentation.

Listed by

Karbon Homes

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