£80,000

Bright and spacious two-bedroom semi-detached house now available in Redcar, through Shared Ownership.

The property is spread across two floors, with the living room and separate kitchen on the ground floor, two bedrooms, and a family bathroom on the first floor.

The property also comes with a spacious garage and a rear garden.

This home has been created by Home Group, a registered housing provider in the UK. SO Resi is acting on behalf of Home Group to bring this property to the market.

There will be charges payable to the landlord upon completion. Please enquire for further information.

Available for £80,000 for 50% share based on the marketing figure of £160,000.

Monthly rent - £271.63
Monthly Service Charge - £35.08
Total Monthly Charge - £306.71 plus mortgage required for 50% share.

An annual rent increase takes place every April

Located in the coastal town of Redcar, offering convenient access to daily amenities and leisure spots. Residents can reach local supermarkets within 5 - 10 minutes by car, while fitness centres like are also close by.

Green spaces including Locke Park and Redcar Beach are just a short walk or drive away, and local shops, pharmacies, and Redcar Primary Care Hospital are all reachable in under 10 minutes, ensuring everything you need is nearby.

Redcar Central and Redcar East train stations are just 5 minutes away, with connections to London King's Cross via Darlington or York taking around 3 to 3.5 hours. Bus routes offer regional access, and road links to the A174 and A19 make commuting to nearby cities simple.

Energy rating band - D

Environmental rating band - D

Years remaining on lease: 97

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

This property is offered under Shared Ownership and is allocated on a first-come, first-served basis, subject to applicants meeting all eligibility and affordability criteria. However, in some cases, local authority planning agreements (Section 106) may apply, which could give priority to applicants who meet specific local connection requirements. A full allocation policy is available on your provider’s website or by contacting us directly. We encourage potential buyers to get in touch with any questions about the scheme or application process.