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2 bedroom apartment for sale

Available

5 Pinewood Court, Dunders Hill, PL27 6TQ

£180,000 · Shared Ownership Resale

Share percentage 50%, full price £360,000, £180 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
£180,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £360,000, £180 Min Deposit.

Monthly Cost: £1,502
Rent £237, Service charge £80, Mortgage £1,185*

Calculated using a representative rate of 6.24%

Calculate estimated monthly costs

£
Eligibility

Please note there is a local connection to the Parishes of St Minver Lowlands or St Minver for this property, the local connection details are:

Having a local connection in this instance is defined as one of the following:

being permanently resident in the area for three years prior to application or for five years previously

having a permanent place of work in the area for three years prior to application

Having a close family connection with Locality five years prior to application and where a caring dependency relationship can be established.

Summary

Westward offer this 2-bedroom 1st Floor property in Polzeath through Shared Ownership.

Description

A 2-bedroom first floor flat is available to purchase for 50% share through Shared Ownership in Polzeath.

The property is a spacious, modern self-contained first floor flat, with views across fields.

The property has a fully fitted kitchen, air source heating, and allocated covered parking space. Situated within 500 yards of Polzeath beach, and a short drive to Wadebridge.

A local connection is applicable to this property.

*****The above information has been supplied to us by the current owner*****

Full MarketValue: £360,000 (Three hundred and sixty thousand pounds)
Share:50%
Share Price:£180,000 (One Hundred and Eighty thousand pounds).
Monthly Rent: £237.30
Monthly Service Charge:£80.00

**** Length Of Lease: 113 Years ****

Please email sales@westwardhousing.org.uk to arrange a viewing.

Key Features

Key Features:

  • Two double bedrooms
  • Fully fitted kitchen, with built in oven and hob.
  • Allocated parking space
  • Air source heat pump
  • Bath with shower overhead.
  • Close to local amenities
Particulars

Tenure: Leasehold
Lease Length: 113 years
Council Tax Band: A

Map
Roche (11.11 miles) St Columb Road (11.90 miles) Quintrell Downs (12.57 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: Yes

Outside Space/Garden: n/a

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£180,000
Shared Ownership Resale
Estimated Monthly Cost:£1,502
Rent £237
Service Charge £80
Mortgage £1,185

Share percentage 50%, full price £360,000, £180 Min Deposit. Calculated using a representative rate of 6.24%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.