2 bedroom bungalow for sale

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.

Please note that probate has been applied for. Completion of a sale cannot take place until probate has been received. This can around 12 weeks but could take longer in some cases.

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.

The recently fitted high-gloss kitchen is well-equipped with integrated appliances including a fridge freezer, microwave, oven and hob.

There are two bedrooms, with the larger bedroom positioned to the rear and the smaller bedroom to the front. A newly installed shower room is conveniently located between the bedrooms, all accessed from the central hallway.

The property benefits from uPVC double glazing and electric storage heaters throughout.

Externally, the property benefits from a low-maintenance patio garden to the rear, which enjoys a pleasant outlook over a small woodland area. There is also useful side access and an additional small patio area to the side.

To the front, there is a small grassed area with a flagged pathway leading to the entrance. Residents’ and visitor parking is available within the quiet cul-de-sac.

Hollydene is situated just off Station Road (A694) within the heart of the semi-rural village of Rowlands Gill, in the Derwent Valley, close to the shops, restaurants and amenities in the village (including a doctor's practice, Boots Pharmacy, Post Office shop and Tesco Express). The A694 provides access to Newcastle (8.5 miles) the Metro Centre and the A1(M)(5.3 miles), while Newcastle Airport is just over 10 miles away and there are regular buses running through the village with a bus stop within 200 yards of the bungalow. There are popular countryside walks and cycle routes in the area, including the Red Kite Trail and Derwent Country Walk, while the National Trust's Gibside estate is at the edge of the village, just 0.7 miles from Hollydene.

Material Information -
1. There is a monthly service/maintenance charge, of £62.54 (as of April 2026 - annual fees can vary) paid to Karbon Homes. This includes communal area maintenance, development management costs and buildings insurance.
2. The lease term on the leasehold title is the remainder of 99 years from 1st January 1988 (ie. to 1st January 2087). There are certain restrictive covenants contained in the leasehold title, dating from 1920 and 1988. Please enquire for further details and information.
3. On acceptance of an offer by our vendor, the potential purchaser must have an eligibility interview with the development manager from Karbon Homes.
4. There are certain conditions that relate to the ownership, occupation and any future resale including some additional resale costs that any purchaser should be aware of before proceeding with a purchase of the property. A future sale can only be for the 70% share that is owned and must also therefore be agreed at 70% of the full market value, which must be determined through an independent RICS (Royal Institute of Chartered Surveyors) valuation. Further information will be provided at the earliest opportunity to interested potential buyers.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

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