1 bedroom flat for sale

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1 bedroom flat for sale

Olive Street, South Shields
£28,500

Price History

Initial price £30,250
16/10/25 £28,500
Price Change -5.79%

Description

This property, a one-bedroom ground floor flat, is available for purchase through Homewise's Home for Life Plan, which allows individuals aged 60 or over to secure a Lifetime Lease and a share of the property value. The property's market value is £42,500, but through the Home for Life Plan, the cost to purchase the Lifetime Lease is £28,500, resulting in a saving of 33%. The property features a spacious layout, with a welcoming hallway, lounge, bedroom, kitchen, and shower room. It is conveniently located near local shops, amenities, and transport links, making it an ideal opportunity for investors, downsizers, or single occupants. The property is offered with vacant possession and is ready to move into, with the option to personalize and make it one's own.