Initial price	£63,500
20/06/24	£60,000
Price Change	-5.51%

This two-bedroom first-floor flat is situated on the popular Ladywell retirement development on New Ridley Road in Stocksfield, offering a unique opportunity to purchase a property with no forward chain. The flat boasts a spacious layout, featuring an entrance hall, inner hallway, lounge, kitchen, two bedrooms, and a bathroom, as well as laddered access to a boarded loft and a large storage cupboard. The property is managed by Castles & Coasts Housing Association, with a monthly management fee of approximately £90, which includes building insurance, general maintenance, garden maintenance, and window cleaning. The lease is 99 years, with the buyer owning 70% of the property and Castles & Coasts owning 30%.