3 bed semi-detached house to buy in SR4

3 bed semi-detached house to buy in SR4

*** This can be bought as a 25% share of ownership ***additional rental charge will then be due of £105.98p payable weekly***

Pattinson estate agents are pleased to offer this delightful three-bedroom, semi-detached family home situated in the sought-after Pallion Park area of Sunderland. Offered as either 100% ownership, or a 25% shared ownership at £24,950, with vacant possession. It presents an excellent and affordable opportunity for first-time buyers and families wishing to relocate.
Key Features
• Potential of 25% share of ownership, with a weekly rental charge of £105.98 payable to the majority (75%) shareholder
• Vacant possession – ready to move in
• Spacious living areas and well-appointed kitchen
• Three bedrooms, including a generous second-floor room
• Office/nursery room, ideal for flexible family needs
• Large private lawned gardens to both rear and side
• Allocated car parking space
• Excellent access to Sunderland centre and the North East region via road and public transport
• Proximity to local amenities, shopping, and reputable education facilities
Accommodation Details
• Ground Floor: Welcoming entrance hall, well-appointed kitchen, large living area, downstairs W/C
• First Floor: Two generous bedrooms, office/nursery room, and family bathroom
• Second Floor: Spacious additional bedroom
Shared Ownership and Rental Terms
• If purchasers decide to take 25% of the property, the remaining 75% will be held by a majority shareholder
• Weekly rental charge: £105.98, payable to the majority shareholder in this instance
• New owners must then meet certain criteria and be approved by the majority shareholder, who will assess affordability
Suitability
This property is ideally suited for:
• First-time buyers, and those seeking a cost-effective route onto the property ladder
• Families looking for flexible living space and access to good schools and amenities
Additional Information
Please note that the property would benefit from some decorative improvements, allowing new owners to add their personal touch.
For further details or to arrange a viewing, please contact the Sunderland team at Pattinson estate agents.




Length of Lease: 107
Annual Service Charge Amount: £5,510.00
Service Charge Review Period: Yearly
Shared Ownership Percentage: 25