Initial price	£62,500
22/08/25	£56,250
Price Change	-10.00%

This two-bedroom apartment is available through shared ownership for the over 55s, with a 25% share priced at £56,250. The full market value is £225,000, and the remaining 75% share would be rented for £386.72 per month. The apartment features a modern kitchen and living space, two bedrooms, a bathroom, and storage cupboard. Located in Ponteland, Northumberland, the property benefits from underfloor heating and is part of the Athol House development, which offers 34 apartments for over 55s. The lease term is 125 years, and additional charges include a service charge, management fee, depreciation, warden services, and monthly buildings insurance. The property is available through shared ownership, with shares available between 25-75%, and applicants must have a local area connection.