£86,100
(£100/sq. ft)
2 bed end terrace house for saleStret Kolom, Nansledan, Newquay TR8
2 beds
1 bath
1 reception
862 sq. ft
EPC Rating: B
Mo Move Newquay
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About this property
Shared ownership two bedroom end of terrace cg fry home
30% of the full market value which is £287,000
Neat, westerly facing garden
Incredibly well presented throughout
No onward chain
Bright and spacious throughout
Large storage cupboard in the main bedroom
Two allocated parking spaces
***two bedroom semi detached cg fry shared ownership house at nansledan***
A rare opportunity to purchase A shared ownership two bedroom house with A neat, westerly facing garden and two allocated parking spaces in this highly desirable duchy development. 30% of the full market value.
This two bedroom home is presented to an exceptional standard and is located in the highly desirable Duchy of Cornwall 'Nansledan' development and is offered for sale on a 'shared ownership' basis' for buyers with a 'local area connection'. Details regarding eligibility and costs below...
Costs and rental payments
The share purchase price is calculated using the full market value and the percentage share purchased.
Based on a 30% share, the share purchase price will be £86,100 and the rent will be £444.49 a month.
Your annual rent is calculated as 2.66% of the remaining share of the full market value owned by the landlord.
Eligibility
You can apply to buy the home if both of the following apply:
Your household income is £80,000 or less
You cannot afford all of the deposit and mortgage payment to buy a home that meets your needs ...
One of the following must also be true:
You're a first-time buyer
You used to own a home but cannot afford to buy one now
You're forming a new household - for example, after a relationship breakdown
You're an existing shared owner, and you want to move
You own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Local area connection criteria apply to this property...
Service charge and other information
The Service charge including buildings insurance is £32.40 per month
You can buy up to 100% of your home at which point the freehold will be transferred to you
This property is presented to a brilliant standard throughout with a generous lounge at the front and kitchen diner bat the rear with access to the rear garden, There's also a useful cloakroom on the ground floor. The kitchen has space for a washing machine and fridge freezer with an integrated oven and electric hob. Both bedrooms can be found on the first floor where you will also find a storage cupboard off from the landing area. The family bathroom is immaculately presented with a bath and shower over with a wash basin and wc.
Externally, the garden is westerly facing and is low maintenance with a patio and lawned area. There's two allocated parking spaces at the rear.
The seller is entitled to decide which applicant they would prefer to go forward to the application stage.
Hallway (4.75m x 2.24m (15'7 x 7'4))
Lounge (4.32m x 2.74m (14'2 x 9'0))
Cloakroom (1.70m x 0.99m (5'7 x 3'3))
Kitchen Diner (5.11m x 2.64m (16'9 x 8'8))
Bedroom 1 (4.04m x 3.38m (13'3 x 11'1))
Bedroom 2 (4.27m x 2.84m (14'0 x 9'4))
Bathroom (2.41m x 1.93m (7'11 x 6'4))
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More information
Tenure
Leasehold (197 years)
Service charge
Council tax band
C
Ground rent
Ground rent date of next review