House For Sale £123,750
***Please quote NEW418 when enquiring.***
- Introduction -
Are you over 55 and looking for a new place to call home? This 2-bed bungalow is perfectly placed in the popular Newlands Park estate, close to Workington town centre. In a quiet cul-de-sac, you’ll love the privacy and convenience of local services and amenities being close at hand. Call us today to find out more!
- What the owner says -
“Generous lounge/diner with sliding patio doors leading into the conservatory and private garden. The property is located in a very quiet cul-de-sac close to local amenities, schools and transport.”
- Full description –
Properties at Newlands Park are available as part of an affordable home ownership scheme, where the buyer only pays 75% of the open market value. The 25% share not purchased is a 'payment discount' which is locked into the property and passed on to future buyers. Owners do not pay any rent to Home Group on the percentage not purchased but they must pay a service charge as detailed below.
- 2 bedroom bungalow.
- Entrance hall (4.72m x 1m) with a storage cupboard and a security alarm.
- Living room (5.75m x 3.58m) benefits from patio doors opening into the conservatory (1.58m x 2.52m).
- Kitchen (2.05m x 3.59m) with matching wall and base units and a window to the front aspect.
- Master bedroom (3.84m x 3.05m) and second bedroom (3.35m x 3.58m).
- Bathroom (2.16m x 1.76m) has a bath with overhead shower, wash hand basin and WC.
- Gas central heating.
- Carpets are fitted to all living areas. Tiles are laid to the kitchen and bathroom.
- Well maintained open-plan front garden and private rear garden.
- Private driveway leading to a single garage (5.18m x 2.79m) with an electric roller door.
- Costs –
Price - £123,750*
No rent payable
Service charge - £1,339.10pa**
*This represents a 75% share of the full open market value of £165,000
**This includes: Management charge, service charge, building insurance and sinking fund. Rent and service charges are reviewed annually.
- General Information -
Tenure: Leasehold
Lease: 125 years from 1st January 1997
Years remaining on lease: 102 approx.
Approximate internal area: 69 sq. M.
Local authority: Allerdale Borough Council
Council tax band: B
EPC rating: D (66)
- Terms, conditions and requirements -
Applicants must have sufficient funds to either purchase the 75% share outright, or to obtain a mortgage.
Applicants must also have access to sufficient funds to cover the cost of buying.
Please note that should you wish to proceed with an application after you have viewed the property, you must complete an affordability assessment. You will be required to supply information and supporting documents. Further information will be provided after you have viewed and confirmed to us that you are interested in applying.
Current homeowners: Anyone who currently owns a home must have a sale agreed to apply.
Age requirements: Applicants must be aged 55 and over.
- Viewings -
In addition to the financial assessment, a virtual tour is required before any physical viewing can take place.
Virtual and physical viewings are held strictly by appointment - call today for more information.
Only those who have physically viewed the property are able to apply. If you have viewed and would like to apply, please register your interest with the Resales Team.
- Introduction -
Are you over 55 and looking for a new place to call home? This 2-bed bungalow is perfectly placed in the popular Newlands Park estate, close to Workington town centre. In a quiet cul-de-sac, you’ll love the privacy and convenience of local services and amenities being close at hand. Call us today to find out more!
- What the owner says -
“Generous lounge/diner with sliding patio doors leading into the conservatory and private garden. The property is located in a very quiet cul-de-sac close to local amenities, schools and transport.”
- Full description –
Properties at Newlands Park are available as part of an affordable home ownership scheme, where the buyer only pays 75% of the open market value. The 25% share not purchased is a 'payment discount' which is locked into the property and passed on to future buyers. Owners do not pay any rent to Home Group on the percentage not purchased but they must pay a service charge as detailed below.
- 2 bedroom bungalow.
- Entrance hall (4.72m x 1m) with a storage cupboard and a security alarm.
- Living room (5.75m x 3.58m) benefits from patio doors opening into the conservatory (1.58m x 2.52m).
- Kitchen (2.05m x 3.59m) with matching wall and base units and a window to the front aspect.
- Master bedroom (3.84m x 3.05m) and second bedroom (3.35m x 3.58m).
- Bathroom (2.16m x 1.76m) has a bath with overhead shower, wash hand basin and WC.
- Gas central heating.
- Carpets are fitted to all living areas. Tiles are laid to the kitchen and bathroom.
- Well maintained open-plan front garden and private rear garden.
- Private driveway leading to a single garage (5.18m x 2.79m) with an electric roller door.
- Costs –
Price - £123,750*
No rent payable
Service charge - £1,339.10pa**
*This represents a 75% share of the full open market value of £165,000
**This includes: Management charge, service charge, building insurance and sinking fund. Rent and service charges are reviewed annually.
- General Information -
Tenure: Leasehold
Lease: 125 years from 1st January 1997
Years remaining on lease: 102 approx.
Approximate internal area: 69 sq. M.
Local authority: Allerdale Borough Council
Council tax band: B
EPC rating: D (66)
- Terms, conditions and requirements -
Applicants must have sufficient funds to either purchase the 75% share outright, or to obtain a mortgage.
Applicants must also have access to sufficient funds to cover the cost of buying.
Please note that should you wish to proceed with an application after you have viewed the property, you must complete an affordability assessment. You will be required to supply information and supporting documents. Further information will be provided after you have viewed and confirmed to us that you are interested in applying.
Current homeowners: Anyone who currently owns a home must have a sale agreed to apply.
Age requirements: Applicants must be aged 55 and over.
- Viewings -
In addition to the financial assessment, a virtual tour is required before any physical viewing can take place.
Virtual and physical viewings are held strictly by appointment - call today for more information.
Only those who have physically viewed the property are able to apply. If you have viewed and would like to apply, please register your interest with the Resales Team.
