This is an excellent opportunity to acquire a modern semi-detached bungalow with a large garage and gardens, situated within a small cul de sac development constructed in 2019. Offered under the well-structured Karbon Homes shared ownership scheme, this superb modern bungalow is available at a very attractive price, with minimal capital investment, and the option to increase to full ownership via installments if required.
The property is a spacious bungalow with a generously proportioned interior and ample parking in front of the garage. The hall leads to two bedrooms, a large contemporary open-plan living space to the rear, and a modern shower room/wc. The living area to the rear spans the full width of the property, measuring an impressive 21ft x 18ft, and featuring a living room, dining area, and a contemporary fitted kitchen with integrated cooking appliances. The property comes with a 10 year builders warranty and has an impressive, energy-efficient specification, including gas central heating via radiators with a combination boiler, uPVC double glazing, and a good standard of thermal insulation. It is available with no onward chain.
The Shared Ownership Scheme is aimed at assisting first time buyers and people in genuine housing difficulties who would not normally be able to purchase a suitable property outright. Interested parties are able to have their eligibility assessed by Karbon Homes. The guidance notes are available on request.
Jura, situated just off Cromarty, forms part of the popular Wentworth Park development within Ouston. The village has local shops, schools, and amenities and nearby Chester le Street, Birtley, and Stanley town centres are within a few minutes drive away. The area is a good base for commuting throughout the region, particularly to Gateshead and Newcastle upon Tyne.
Agents Notes:
Tenure: Leasehold
Term: 125 years from 1st January 2019
Ownership: 50%. Option to purchase full or increased ownership via installments.
Service charge and rent payable: £3,144.84 per annum (£262.07 per month) for the year ending 30th April 2025. Includes rent payable on 50% Karbon Homes ownership and Buildings Insurance. Flexible payment methods to agreed with Karbon Homes.
Covenants: Standard estate covenants affect the property. Details of covenants, charges, and options to purchase increased shareholding are referred to within the Land Registry Title Register, and contained within the original lease from Karbon Homes Limited dated 24th July 2019, both of which are available for inspection.
Council Tax Band: B (Durham County Council)
Conservation Area: No
Selective Licencing Area: No
Mains Services: Gas, Electricity, Water, Sewage
Broadband: Superfast fibre broadband is available in the postcode. BT and Sky satellite/fibre TV are also available.
Mobile Coverage: Major networks provide mobile coverage.
Flood Risk: Rivers & Seas – No Risk; Surface Water – Very Low
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