2 bed terraced house for sale

Prince Parc, Bodmin, Cornwall PL31

Shared ownership two bedroom house available to purchase at a 75% share from £172,500 with a minimum 5% mortgage deposit of £8625. Local cornwall connection required. Call today to arrange your appointment to view & discuss this individual home!

This mid terraced house is spacious and well presented throughout with two allocated parking spaces and an enclosed rear garden. The accommodation comprises on the ground floor of entrance hall, WC lounge and well-equipped kitchen. On the first floor there is a landing area, two good sized bedrooms and bathroom. The property has an enclosed rear garden comprising patio area with lawn and two allocated parking spaces. This is a leasehold shared ownership property. The property is also available to be bought at the full share of £230,000.

Prince Parc enjoys a tucked away position off Longfair Road which is a modern development of mixed property types and designs located approximately 1.5 miles from the town centre. The town of Bodmin caters well for day to day needs and has several supermarkets as well as primary schools, a secondary school and leisure centre. Bodmin is situated within proximity to the A30 dual carriageway and has a mainline train station.

Example:
Full Market Value: £230,000
75% Share Price: £172,500
Rent on un-owned share £132.75 pcm
Estimated estate charge £47.11 pcm

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these. Please also ensure that you have spoken to your mortgage lender to avoid any unnecessary costs