1-bedroom Apartment for rent at Clydedale Avenue, Newcastle Upon Tyne, NE12

Clydedale Avenue, Newcastle Upon Tyne, NE12 Newcastle upon Tyne
£520\mo
£120\wk
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  • 1 Bedroom
  • Flats / Apartments - Apartment (Unfurnished)
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Rent to Buy, Modern design , No deposit , New build, Parking ,
The Portland is a one bedroom ground floor apartment which offers a
modern open plan kitchen living and dining space with French doors.
There is a master bedroom, bathroom and storage space. Externally
there is allocated parking

The Rent to Buy scheme
The ultimate aim of the scheme is to allow you to take advantage of the reduced market rent in the 5 year term, allowing you to save for a deposit. After 5 years, if the property is not purchased, the rent will increase to be in line with full Market Rent.

At the end of the 5 year term, you will have first refusal to buy the property, subject to meeting the criteria and financial qualification. The sale of the property will always be agreed at Market Value,
established by a qualified, RICS valuer.

The 4 key eligibility requirements for this scheme are:
1. The property must be your only home
2. At least one member of your household needs to be in permanent employment
3. A financial assessment will be carried out, to ensure the property is affordable for you
4. If you are an existing homeowner, you may be eligible, for example, if due to a relationship breakdown

The 3 Step process is outlined below:
1. Complete the Rent to Buy application form and to return to the Sales & Marketing Team
2. A Financial Advisor will make contact with you. You will need to provide the documentation they require.
3. Once you are financially approved, you can choose your new home!

Email us today to find out more.

*Photos are for illustration purposes only*
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