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2 bedroom house for sale

Available

Garth Pelyas, TR7 3GD

£78,750 · Shared Ownership New Build

Share percentage 25%, full price £315,000, £7,875 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Garden
Pets allowed
Parking
£78,750 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £315,000, £7,875 Min Deposit.

Monthly Cost: £925
Rent £492, Service charge £35, Mortgage £398*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Eligibility

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 or Colan - Cornwall
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

2 Bed Detached House

Description

2 Bed Detached 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 35 - 2 Bed Detached House

Full Market Value: £315,000
Example Share: 40%
Example Share Value: £126,000
Example Rent (PCM): £393.75
Example Service Charge: £35.06

Key Features

Off-Road Parking

Private Garden

Flooring to Kitchen and Bathroom

Fitted Kitchen with Integrated Oven and Hob

Gas Central Heating

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 List
Map
Quintrell Downs (0.82 miles) Newquay (1.56 miles) St Columb Road (4.50 miles)
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.

£78,750
Shared Ownership New Build
Estimated Monthly Cost:£925
Rent £492
Service Charge £35
Mortgage £398

Share percentage 25%, full price £315,000, £7,875 Min Deposit. Calculated using a representative rate of 4.59%


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Nansledan Phase 4a, Newquay
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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.