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2 bedroom apartment for sale

Available

1 Stannum Terrace, TR15 3FQ

£78,750 · Shared Ownership Resale

Share percentage 50%, full price £157,500, £7,875 Min Deposit.

Available
2 bedrooms
1 Bathroom
Enclosed Garden
Pets allowed
Parking
£78,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £157,500, £7,875 Min Deposit

Monthly Cost: £907
Rent £173, Service charge £336, Mortgage £398*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Eligibility

To meet the local connection criteria for this scheme, you will need to meet one of the following:

a) Lived in the County of Cornwall for a continuous period of at least 3 years immediately prior to advertising

b) Formerly lived within the County of Cornwall for a continuous period of 5 years.

c) Your place of work (16 hours or more a week and not including seasonal employment) has been within the County of Cornwall for a period of at least 3 years immediately prior to advertising

d) Have a connection through a close family member (mother, father, brother, sister, son or daughter) where the family member is currently a resident of the County of Cornwall and has been so for a continuous period of at least 5 years immediately prior to advertising.

*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.

**Priority will be given to applicants that hold a local connection to the parish of Carn Brea.

Summary

2-bedroom ground floor apartment available for shared ownership

Description

1 Stannum Terrace is a resale listing located in the heart of Pool. Part of the Heartlands development of 2017, the property is eight years old, well presented with modern fixtures and fittings.

The accommodation may be briefly summarised as follows:

Ground floor (communal) – communal entrance hallway and stairs providing access to the upper floors.

Ground floor (apartment) - entrance hallway, right bedroom (3.69m x 3.24m), left bedroom (3.3m x 3.7m), shower room/WC (1.93m x 2.27m), kitchen area (2.25m x 4.42m) and open plan living/dining area (4.48m x 5.23m - maximum).

The gross internal floor area of the property is approximately 72 m².

To apply for 1 Stannum Terrace, please register your interest in the property on Share to Buy and Coastline Housing will contact you with further information and guidance on the next steps you shall take to apply.

Particulars

Tenure: Leasehold
Lease Length: 93 years
Council Tax Band: A

Property Downloads
Energy Certificate
Map
Camborne (1.40 miles) Redruth (2.23 miles) Hayle (6.93 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 - Allocated

Outside Space/Garden: Yes - Enclosed Garden

Year property was built: 2017

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Flooded within the last 5 years: No

Listed property: No

Heating: Gas

Sewerage: Mains supply

Water: Mains supply

Electricity: Mains supply

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.

£78,750
Shared Ownership Resale
Estimated Monthly Cost:£907
Rent £173
Service Charge £336
Mortgage £398

Share percentage 50%, full price £157,500, £7,875 Min Deposit. Calculated using a representative rate of 4.59%


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.