£108,500
2 bed flat for saleCordwainers, Morpeth NE61
2 beds
1 bath
1 reception
EPC Rating: B
About this property
Under Section 106, this property is being sold as an Affordable Discount Market Value (dmv) property. This price represents 70% of the full market value, although you’ll still own 100%.
Stylish 2-bed ground floor flat in great condition, with private front door and shared gardens
Open plan kitchen / living area with French doors - plenty of space for relaxing, dining and entertaining
Two double bedrooms
Modern fitted kitchen and bathroom
Just a 7 minute drive to the town centre and under 20 mins by train to Newcastle
Walking distance to Morpeth station (takes around 15 mins)
Enjoy local shops, pubs, and leisure centre with swimming pool right on your doorstep
Save on deposit, mortgage payments and monthly costs thanks to the council discount scheme
Council-backed scheme means a secure, affordable way to buy your own home outright
Struggling To Buy Your Own Place? This smart 2017 ground floor flat is in superb condition and being sold at a 30% discount, thanks to the council’s Low Cost Housing Scheme. If you’re local and meet the criteria you could own 100% but only pay for 70%.
This two bedroom flat is part of the scheme, and even though it's 8 years old, it still qualifies for the discount.
All interested parties must be pre-qualified by the council in order to proceed, please contact the agent for more details.
The flat itself has its own private front door access. There are two double bedrooms and both the fitted kitchen and bathroom are smart and modern.
The open plan kitchen and living area has space for both a relaxed seating area and a dining table, along with French doors that lead out to the shared gardens.
It only takes around 7 minutes to drive to the centre of Morpeth and half that time to get to the station. That makes commuting to Newcastle a practical option as the journey time to Newcastle Central Station is less than 20 minutes.
Morpeth has a good choice of shops, restaurants and pubs along with a leisure centre and swimming pool.
For a wider selection of shops and places to eat, it’s only a 25-30 minute drive down the A1 to the centre of Newcastle or the Gateshead Metrocentre.
This is a fantastic opportunity to get onto the housing ladder and own 100% of this smart and stylish flat - but you’ll only have to pay for 70%.
The beauty of that is you’ll only need to find a smaller deposit, it will be easier to pass the mortgage affordability criteria and the monthly mortgage payments will be so much lower!
If you’re interested in finding out more or arranging a viewing, call to arrange a viewing.
EPC Rating: B
Tenure: Leasehold (990 years remaining)
Service Charge: £18.18 per month
Council Tax Band: A
More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
Ground rent
Ground rent date of next review
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