3 bedroom house for sale
10 Coronation Avenue, TR27 5GG
Share percentage 35%, full price £287,500, £10,063 Min Deposit.
Share percentage 35%, full price £287,500, £10,063 Min Deposit.
Monthly Cost: £939
Rent £390,
Service charge £30,
Mortgage £519*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
To be eligible to purchase a property on this scheme, You are required to evidence that you have a connection to the Parish of Gwinear-Gwithian. Coastline will need to be in receipt of the relevant evidence before an offer of a property can be made.
To meet the local connection criteria for this scheme, you will need to meet one of the following:
a) being permanently resident therein for a continuous period of at least three (3)years immediately prior to the date of a Housing Application and that residence is of their own choice; or
b) being formerly permanently resident for a continuous period of at least five (5) years; or
c) having his or her place of permanent work (normally regarded as 16 hours or more a week and not including seasonal or casual employment) therein for a continuous period of at least three (3) years immediately prior to the date of a Housing Application; 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 the date of a Housing Application and where there is independent evidence that the family member is in need of or can give support for the foreseeable future or on an ongoing basis.
*The local connection criteria does not apply if you are a serving or previously serving member of the regular armed forces or qualifying under any other clause of the Allocation of Housing (qualification criteria for armed forces) (England) regulations 2012.
**As part of your application for a shared ownership home at this development, a local connection is required to be eligible to purchase on the scheme. Applications will be invited from those that hold a connection to the Parish of Gwinear-Gwithian in the first instance.
***If there is still availability on this scheme, applications will then be invited from applicants that hold a connection to the neighbouring parishes of St Erth and Crowan from Friday 14 June.
****If there is still availability on this scheme two weeks after the cascade period to the neighbouring parishes of St Erth and Crowan, applications will then be invited from applicants that hold a connection at a county level from Friday 28 June.
Summary
3 bedroom semi-detached house with garden.
Description
Coronation Avenue is Coastline's latest development offering affordable home ownership via shared ownership. This development consists of five 3-bedroom homes and four 2-bedroom homes delivered in two phases. Five plots will be ready for occupation in Autumn 2024, with the remaining four scheduled to be ready in Winter.
Each home benefits from high-quality kitchens finished in the Howdens Greenwich range, Pembridge Heathers carpet and underlay, vinyl flooring to kitchens and bathrooms, cooker and hob, Air Source Heat Pump, external tap and two parking spaces. The properties benefit from a 10-year NHBC Building Warranty and a 999-year lease term.
Connor Downs has easy access to the A30, providing strong transport links throughout the county. There are several bus stations throughout the village, as well as a surgery, academy and garage.
Applications for the homes at Coronation Avenue are currently open. Every application will be processed on a first-come, first-served basis subject to a full and complete application. Please take the time to read our Application Guide prior to sending your application. Ahead of applying for a shared ownership home with Coastline, please also ensure that you have read all of the shared ownership guides that can be found on our home page.
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information DocumentMap
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 35%, full price £287,500, £10,063 Min Deposit. Calculated using a representative rate of 4.80%
Coastline Housing
