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Shared ownership
1/18
£126,000
Asking price

2 bed house for sale Hollydene, Rowlands Gill, Tyne and Wear, NE39

2 beds 1 bath Semi Detached Bungalow
70% share · about £180,000 full valueRetirement home Leasehold

Added on 16/09/2026

About this property

This two-bedroom bungalow is available at 70% of the full market value (which has been set at £180,000) due it being shared offered on a 70%-shared ownership basis of the leasehold title, with the remaining 30% of the title to the property being held by Karbon Homes Limited, who are the freeholders. The accommodation comprises an entrance porch with built-in storage, leading into a central hallway with a further built-in cupboard and a large walk-in storage area. To the rear, there is a good-sized living room with direct access to the rear patio garden.

Key features

  • Two-bedroomed semi-detached bungalow
  • 70% shared ownership for over-55s only
  • Pleasant situation on corner plot of a cul-de-sac
  • Approx. Floor Area 646sq.ft.
  • EPC Rating: C
  • Council Tax Band: B

Floorplan

Location

Hollydene, Rowlands Gill, Tyne and Wear, NE39

Council tax band
B

Mortgage and stamp duty

Property price £126,000
£63k £189k
Deposit10% £13,000
£0 £126k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £113,000 mortgage. Most lenders would want a household income of about £26,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Area insights

The neighbourhood around this property.

Marketed by
Your Move Rowlands Gill
54 Station Road, Rowlands Gill
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