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75% SHARED OWNERSHIP PROPERTY WITH KARBON HOMES / OVER 55'S ONLY / NO RENT TO PAY / SUBJECT TO ELIGIBILITY / NO UPPER CHAIN - We welcome to the market this amazing 2 bedroom detached bungalow at a massively affordable price. Located on Chester Burn Close in Pelton Fell, the property is offered on a 75% shared ownership basis for over 55's with Karbon Homes and the bonus is there is no rent to pay.
Briefly comprising of an entrance hall, lounge, kitchen, 2 bedrooms and a wet room, a lawned garden with a block paved drive to the front and a larger, enclosed lawned garden to the rear with a paved boundary, garden shed and outdoor tap. The property offers generous but easily maintainable living space throughout and is ideal for an individual or couple looking to downsize.
Chester Burn Close sits at the heart of a young estate on the outskirts of Pelton Fell Village which offers excellent transport links into Chester-le-Street Town Centre.
PLEASE NOTE:- Potential buyers will be subject to Karbon Homes eligibility criteria, over 55's only
Home Owners- To qualify you must be purchasing a property as your only home and you may not qualify if you have a home to sell or have your name on a residential mortgage. You will need to have a proceedable offer on your existing property before you buy through the Shared Ownership scheme and you will need to provide information on the level of equity that you will receive from the sale.
Under the terms of the Lease the purchaser must not be purchasing in order to sub-let the property. This even applies to parents who are wishing to purchase for their son/daughter for example.
There are charges to be paid to Karbon homes in respect of the property i.e. service charge, rent, administration and buildings insurance and prospective purchasers must be made aware of these.
Karbon homes does not allow purchasers to obtain a mortgage for more than 95% of the share being purchased. Under the terms of the Lease we need to approve the mortgage offer prior to exchange of Contracts.
Tenure: Leasehold
Council Tax Band: B
EPC in progress
Room Descriptions
Entrance Hall
Enter via a Composite front door into a carpeted entrance hall, offering access to a kitchen, lounge, 2 bedrooms, wet room, cupboard and loft hatch. Wall mounted radiator.
Lounge 14'9 x 12'5 (4.54m x 3.81m)
Carpeted lounge with rear-facing double patio doors looking out onto the rear garden. 2 wall mounted radiators.
Kitchen/Diner 11' x 10'5 (3.35m x 3.20m)
Vinyl flooring, range of fitted base and wall units with contrasting work surfaces. Integrated electric oven, gas hob and overhead extractor, space for a freestanding washing machine and fridge/freezer. Enclosed Ideal Logic Combination Boiler. Stainless steel one-and-a-half sink with mixer tap below a front-facing double glazed window. Wall mounted radiator.
Bedroom One 8'6 x 14'1 (2.62m x 4.29m)
Carpeted master bedroom with a rear-facing double glazed window and wall mounted radiator.
Bedroom Two 6'6 x 10'3 (2.01m x 3.13m)
Carpeted second bedroom with a front-facing double glazed window and wall mounted radiator.
Wet Room 6'9 x 8'4 (2.10m x 2.56m)
Vinyl flooring, access to a toilet, vanity unit with fitted wash basin and shower area with an electric shower and full-height tiled splashback. Wall mounted radiator and extractor fan.
Exterior
To the front is an open lawned and well maintained garden with a block paved drive, offering space for 2 vehicles. To the rear is a well maintained enclosed lawned garden with a paved boundary and garden shed and outdoor tap.
Property Reference COR-1HA1141PS1V
Copeland Residential,
5 Ashfield Terrace,
Chester Le Street,
DH3 3PD
Monday: 9am – 5.30pm
Tuesday: 9am – 5.30pm
Wednesday: 9am – 5.30pm
Thursday: 9am – 5.30pm
Friday: 9am – 5.30pm
Saturday: 9am – 3pm
Sunday: Closed
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