2 bed flat for sale

The Fells, Low Fell NE9

Proposing a fabulous opportunity to purchase a 75% share of this highly desirable two-bedroom apartment, set within a well-regarded and sought-after development exclusively for the over 55s. This attractive home offers a wonderful balance of independence and community living, with the remaining 25% share retained by Anchor Homes, for which a rent is payable.

The apartment itself is thoughtfully laid out and features a welcoming entrance hallway that leads through to a charming and comfortable lounge, ideal for relaxing or entertaining guests. The fitted kitchen is complete with a range of units and built-in cooking appliances, providing everything needed for day-to-day convenience. There are two well-proportioned bedrooms, offering flexibility for use as a guest room, dining room, or home office, alongside a bathroom with shower facility over the bath.

Residents of the development benefit from a range of additional features designed to enhance comfort and peace of mind, including a secure intercom entry system, residents’ parking, and access to a communal laundry and drying room.

Ideally situated, the property enjoys excellent proximity to the wide array of local shops, cafes, and amenities available in Low Fell, as well as convenient access to public transport links and major road routes.

This is a superb opportunity to acquire a part-ownership home in a popular and well-connected location.

EPC Rating: C

Lounge (4.15m x 3.35m)

Kitchen (2.65m x 2.27m)

Bedroom One (4.26m x 2.78m)

Bedroom Two (2.64m x 2.05m)

Bathroom (2.59m x 2.12m)

Shared Ownership Information

Full Market Value: £94,000
Share Available: 75%
Monthly Rent: Not Applicable
Monthly Service Charge: £284.99
Monthly Buildings Insurance: £37.74 (Included in Service Charge)
Monthly Management Fee: £50.67 (Included in Service Charge)
Total monthly payment: £284.99

Property Information

Local Authority: Gateshead
Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this. Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast in the area
Mobile Network Coverage: EE, Vodafone, Three, O2 in the area
Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.

Recording Devices

Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes. While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home. If you have any concerns regarding this, please speak to a member of our team prior to your appointment. We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.