2 bedroom apartment for sale
Trevemper Road, TR7 2FJ
Share percentage 25%, full price £250,000, £6,250 Min Deposit.
Share percentage 25%, full price £250,000, £6,250 Min Deposit.
Monthly Cost: £773
Rent £391,
Service charge £66,
Mortgage £316*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent
- You live or work in Newquay - Cornwall or Cubert - Cornwall or Colan - Cornwall or Crantock - Cornwall
Applicants must be able to demonstrate a local connection to the Town of Newquay or the parishes of Colan, Crantock and Cubert. To demonstrate a local connection, applicants need to:
- Have been a permanent resident in the area for at least 3 years immediately prior to advert
- Have formerly been a permanent resident in the area for a continuous period of at least 5 years
- Be in full time, permanent employment (not on a seasonal basis) within the area for at least 3 years immediately prior to advert
- 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
2 Bedroom Ground Floor Flat
Description
Six brand new Shared Ownership homes located in Newquay
Local homes for local people
X6 2 Bed Apartments
Trevemper 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 2 & 11 - 2 Bed Ground Floor Flats
Full Market Value: £250,000
Example Share: 25%
Example Share Value: £62,500
Example Rent (PCM): £390.63
Example Service Charge: £66.20
Key Features
Off-Road Parking
Flooring to Kitchen and Bathroom
Fitted Kitchen with Integrated Oven and Hob
Build Zone Warranty
Particulars
Tenure: Leasehold
Lease Length: 990 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 25%, full price £250,000, £6,250 Min Deposit. Calculated using a representative rate of 4.59%
Ocean Housing
