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
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.
Full Value £103,000 25% £25,750 30% £30,900 40% £41,200 50% £51,500 60% £61,800 75% £77,250
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
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Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
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The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.