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2 bedroom house for sale

Available

14 Cadwin Road, PL31 2WF

£150,000 · Shared Ownership Resale

Share percentage 75%, full price £200,000, £150 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Private Garden
Parking
£150,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 75%, full price £200,000, £150 Min Deposit.

Monthly Cost: £1,138
Rent £120, Service charge £30, Mortgage £988*

Calculated using a representative rate of 6.24%

Calculate estimated monthly costs

£
Eligibility

To be eligible for Shared Ownership, you have to be:

Over the age of 18

Not currently own your property

And

Not earn more than £80000 (Total Household Income)

Meet the S106 Local Connection requirements (Where applicable)

You can apply online on the Westward website as well and register your interest in any properties that you are interested in.

S106 Local Connection Requirements:

“Local Connection” Means a connection with the Town or County as appropriate and demonstrated by that a person or a member of their Household to the reasonable satisfaction of the council:

(a) Being permanently resident therein for a continuous period of at lease three (3) years immediately prior to Advertising and that residence is of their own choice: or

(b) Having his or her place of 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 advertising; or

(c) 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 Advertising and where there is independent evidence the family member is in need of or can give support for the foreseeable future or an ongoing basis; or

(d) Being permanently resident in the county for ten (10) out of the first sixteen (16) years of life; or

(e) Being in such other circumstances which the council considers requires the applicant to reside therein as appropriate and which is consistent with the Councils Cornwall Homechoice policy as amended from time to time

Summary

Westward offer this 2-bedroom property in Bodwin through Shared Ownership.

Description

Westward offer this 2-bedroom property in Bodwin through Shared Ownership.

Well-presented 2 bed mid terrace property with 2 allocated parking spaces. Small area to front and good sized patio leading to a raised lawn area at the rear. Good sized entrance hall, downstairs WC leading to open plan lounge / diner area, large cupboard with access to the kitchen fully fitted with integrated appliances. Upstairs has 2 good sized double bedrooms benefiting from a storage cupboard in the back bedroom. Good sized landing cupboard, fully fitted family bathroom with a waterfall shower.

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

  • Full Market Value: £200,000 (Two Hundred Thousand Pounds)
  • Share: 75%
  • Share Price: £150,000 (One Hundred and Fifty Thousand Pounds)
  • Monthly Rent: £119.88
  • Monthly Service Charge: £30.00

**** Length Of Lease remaining is 123 Years ****

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

Key Features

Key Features

  • Lounge/Diner
  • Kitchen
  • Bathroom
  • 2nd WC
  • 2 x Double Bedroom
  • Gas Central Heating
  • Double Glazing
  • Allocated Parking Space
  • Garden
Particulars

Tenure: Leasehold
Lease Length: 123 years
Council Tax Band: B

Map
Bodmin Parkway (2.49 miles) Lostwithiel (4.66 miles) Luxulyan (5.82 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 - Private Garden

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.

£150,000
Shared Ownership Resale
Estimated Monthly Cost:£1,138
Rent £120
Service Charge £30
Mortgage £988

Share percentage 75%, full price £200,000, £150 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.