3 bedroom house for sale
Plot 74, TR7 3FY
Share percentage 40%, full price £360,000, £14,400 Min Deposit.
Share percentage 40%, full price £360,000, £14,400 Min Deposit.
Monthly Cost: £1,213
Rent £450,
Service charge £36,
Mortgage £727*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
To demonstrate a local connection, applicants need to:
A) Have been a permanent resident in the area for at least 12 months immediately prior to advert
B) Have formerly been a permanent resident in the area for a continuous period of at least 5 years
C) Be in full time, permanent employment (not on a seasonal basis) within the area immediately prior to advert
D) Have a close family member (mother, father, brother, sister, son or daughter) who is currently a resident of the area and has been for at least 5 years immediately prior to advert
Summary
3 Bed House located in the Popular seaside town of Newquay
Description
Welcome to Nansledan.
brand new Shared Ownership homes located on the outskirts of Newquay
Local homes for local people
3 Bed House
Nansledan has a range of amenities right on its doorstep including a school & local shops, Newquay town centre, larger supermarkets and famous beaches are all within easy reach.
Plot 76 & 77 - 3 Bed Semi-Detached House
Full Market Value: £360,000
Example Share: 40%
Example Share Value: £144,000
Example Rent (PCM): £450.00
Example Service Charge: £35.52
Shared Ownership is an exclusive product for local residents. Section 106 and staircasing restrictions may apply. Scheme specific details will be released upon full launch of these homes. Affordability is based on a financial assessment to determine the share percentage to be provided.
Home offers will be based on a review process, with priority given to local connection and affordability need. Whilst we endeavor to make our home descriptions accurate, they are for general guidance only and may be subject to change throughout the build process.
Shared ownership homes are sold as leasehold.
All images are for illustrative purposes only and should not be relied upon. These are subject to change and may not be accurate.
Key Features
Allocated Parking
Thermostatic Shower
Glass Shower Screen
Vinyl Flooring in Kitchen and Bathroom
12 Year NHBC Guarantee
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Brochure Price ListMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £360,000, £14,400 Min Deposit. Calculated using a representative rate of 4.59%
Ocean Housing
