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Property Listing Details

Property details

  • 2 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • Leasehold
  • Communal garden
  • Double glazing

Listing view statistics

Last 30 days: 256 page views

Since listed: 595 page views

Description

25% offered under the shared ownership scheme

Full Market Value £110,000

Ocean are pleased to offer for sale this well maintained 2 bedroom 1st floor apartment in the popular residential area of Penwithick.
This apartment has been very well maintained and has recently undergone a re-paint, new carpets and a new kitchen which has now been finished in a modern handle less gloss white with a very smart gloss back splash in burgundy.
The apartment comes with its own parking space and a shared garden area with your own shed for storage.
This would make a very affordable first home as the share offered is just 25% of £110,000. The minimum share would cost £27,500.
The heating in this home is Economy Seven Storage Heaters and there are photovoltaic panels on the roof to heat your hot water.
Accommodation offers
Entrance Hallway, Lounge Diner, Kitchen, Two Bedrooms
Family Bathroom

Facilities
Double Glazing, Photovoltaic water heating, Economy 7 Storage Heaters
Designated Parking Space, Shared Garden
Shed
Pets allowed – permission needed

Location
Penwithick is a village located approximately 2.5 miles north of the town of St Austell. It has a local shop and post office, a thriving social club as well as a fish and chip shop.
Penwithick has great public transport links to St Austell where there is a main line train service to London and beyond. The main A30 is just a few miles away.

Affordable – Shared Ownership
You can scale your portion of the purchase to suit your budget and rent the remaining share.
The minimum percentage share prices will be discussed individually, following an affordability assessment – if eligible for a property.

Purchase
Semi-detached

Full Value £103,000
25% £25,750
30% £30,900
40% £41,200
50% £51,500
60% £61,800
75% £77,250

Rent calculated on % share - £/per calendar month
£Rent/pcm
1st Floor Flat

Full Value £103,000
25% £246.96
40% £234.32
50% £167.35
60% £133.90
75% £83.68
All rent figures are approximate.

Section 106
“Area Local Connection” means a connection with the Primary Area or the Secondary Area as appropriate and demonstrated by that person or a member of their Household to the reasonable satisfaction of the Council:
(a) Being permanently resident therein for a continuous period of at least three (3) years immediately prior to Advertising; or
(b) Being formerly resident therein for a continuous period of five (5) years; or
(c) Having his or her place of permanent work (normally regarded as sixteen (16) hours or more a week and not including seasonal employment) therein for a continuous period of at least three (3) years immediately prior to advertising; or
(d) Having a connection through a close family member (normally mother, father, brother, sister, son or daughter) where the family member is currently resident therein and has been so for a continuous period of at least five (5) years immediately prior to advertising

Primary Area: Treverbyn wef: 15/05/2019
Secondary Area: Roche, St Stephen in Brannel, Carlyon, St Blaise, St Mewan, Luxulyan wef: 13/06/2019
Minimum Connection: Town of St Austell or County of Cornwall wef: 11/07/2019

You could get

Superfast broadband Superfast broadband

Up to 80 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Luxulyan 1.8 miles
  • Bugle 1.9 miles
  • Treverbyn Academy 0.6 miles
  • Carclaze Community Primary School 1.6 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Luxulyan 1.8 miles
  • Bugle 1.9 miles
  • Treverbyn Academy 0.6 miles
  • Carclaze Community Primary School 1.6 miles

Market stats

Sale activity

Average estimated value for a flat in PL26:

  • £183,742
  • Price decrease

  • -£4,396
  • (-2.337%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £150,863
  • Properties sold

    11

Rental opportunities

Looking for an investment? The average rent for a 2 bedroom flat in PL26 is currently:

£724 pcm

Recent sales nearby

See all recent sales in PL26
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In partnership with

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Developer

Price history

Sold prices provided by Land Registry
21st Aug 2019 £27,500 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Ocean Housing - Re-sale. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Ocean Housing - Re-sale for full details and further information.