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2 bedroom house for sale

Available

Morva Reach, Longrock, TR20 8LD

£132,500 · Shared Ownership New Build

Share percentage 50%, full price £265,000, £6,625 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Parking
£132,500 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £265,000, £6,625 Min Deposit

Monthly Cost: £1,087
Rent £304, Service charge £45, Mortgage £738*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Eligibility

You are eligible to purchase a Home Reach property in England or Wales if:

  • Your household income does not exceed £80,000 per annum for homes outside of London (£90,000 in London)
  • You have a deposit (at least 5% of the share value)
  • You are a first-time buyer or used to own a home, but cannot afford to buy outright now
  • The shared ownership property will be your principle and only home
  • You have passed a financial assessment, demonstrating you are financially able to purchase the minimum share value and support the monthly costs.
  • Household minimum income must be above £41,141
Summary

Detached 2 bedroom coach house in Penzance, Cornwall now available through Shared Ownership

Description

The Ashbee, a detached 2-bedroom coach house, is designed for modern life. This energy efficient home includes an open-plan living area, a Juliet balcony, Velux windows, and versatile space. With two bedrooms, one featuring an ensuite, a contemporary bathroom, and generous storage, this modern living space is enhanced by an integrated garage for added convenience.

*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*

**Prices vary across plots, please speak to a sales advisor for more information**

Service charge outlined on this portal is heylo’s monthly lease management fee and if applicable, includes an estimated monthly buildings insurance charge. Additional Estate and Service charge fees may apply and are available directly from the sales team on site.

Although this property states it is available you MUST contact the site directly to ensure a reservation has not been made, whilst Heylo await reservations documents. We operate a first come first serve policy so there is always a danger you may have missed the opportunity.

Key Features
  • Open plan kitchen/living/dining area
  • Built-in storage
  • Ensuite to the primary bedroom
  • Integral garage
  • Juliet balcony
  • 1 Parking space
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Key Information Document
Map
Penzance (1.81 miles) St Erth (3.53 miles) Lelant Saltings (4.04 miles)
Material Information

Total rooms: 5

Furnished: Unfurnished

Washing Machine: No

Dishwasher: No

Fridge/Freezer: No

Parking: Yes - Garage

Outside Space/Garden: No

Year property was built: 2024

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.

£132,500
Shared Ownership New Build
Estimated Monthly Cost:£1,087
Rent £304
Service Charge £45
Mortgage £738

Share percentage 50%, full price £265,000, £6,625 Min Deposit. Calculated using a representative rate of 5.03%


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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.