2 bed flat for sale

Wellesley Street, Jarrow NE32

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 Over-60s The Lifetime Lease price for this property is £80,500 based on an average saving of 33%.

Market Value Price: £120,000

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 £120,000, please contact the estate agent Andrew Craig.
Property description


Entrance hallway

first floor landing

lounge 4.06m (13'4) x 5.67m (18'7)

kitchen 2.5m (8'2) x 2.43m (8')

bathroom 2.78m (9'1) x 2.36m (7'9)

front double bedroom 2.66m (8'9) x 2.37m (7'9)

front double bedroom 4.64m (15'3) x 3.81m (12'6)

private yard to the rear

garage in rear yard

The Agent Of The North
Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on Broadband & Mobile Coverage
The Ofcom website states the average broadband download speed of 10 Mbps and a maximum download speed of 1000 Mbps at this postcode: NE32 5PJ and mobile coverage is provided by EE, Three, O2, Vodafone. The checker results are predictions and should not be regarded as guaranteed.
Affordability
In order to rent one of our properties, you will need to demonstrate that you can afford the rental payments. The test that we apply is normally that you must have a total monthly income amounting to 2.5 times the monthly rent or a total annual income of 30 times the monthly rent. For example, if the rent is ?1,000 pcm, then you will need a monthly income of ?2,500 or an annual income of ?30,000. You should also advise us if you have any adverse credit history, as this could affect the results of the referencing checks carried out on all prospective tenants.
Deposits
Fast and easy renting, secured with flatfair. A deposit is required before any tenancy can begin and this can amount to up to 5 weeks' rent, so some of our rental properties are available with an optional, No Deposit product, provided by Flatfair. When this is available, tenants can wave goodbye to costly deposits and it will be possible to secure your new home with a small, one-off check-in fee. When it's time to go, you'll only pay for damages or unpaid rent you are responsible for. Ask us for full details and don't worry, if you would prefer a traditional deposit, that is always available.
Application
To proceed to rent one of our properties, you will have to complete our simple online application forms and upload some id information. You will then receive a Holding Deposit Agreement and pay a Holding Deposit of one weeks' rent within our online portal. The holding deposit will be used as part of the first rent payment upon signing the tenancy agreement. The Holding Deposit Agreement will give you details of the circumstances that could lead to your holding deposit becoming non-refundable, as per the terms of the Tenant Fees Act 2019.
Material Information
Whilst every care has been taken to prepare these particulars, they are for guidance purposes only. All measurements are approximate and are for general guidance purposes and they should not be relied upon. Potential tenants are advised to recheck the measurements.
Council Tax
The website states the property is Council Tax Band: A

EPC Rating: C

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.