2 bedroom house for sale
8 Stannum Terrace, TR15 3FQ
Share percentage 41%, full price £200,000, £4,100 Min Deposit.
Share percentage 41%, full price £200,000, £4,100 Min Deposit
Monthly Cost: £734
Rent £266,
Service charge £11,
Mortgage £457*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
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
Now inviting applications for 2-bedroom home in Pool, Redruth.
Description
Opportunity to purchase this shared ownership 2-bedroom house from a minimum share of £81,000 (41%).
To let Coastline know you would like to apply for this property, register your interest and monitor your emails for further details and an application form.
The property enjoys a central location with plenty of amenities in the area, a enclosed rear garden, an allocated parking space and gas central heating.
The accommodation may be briefly summarised as follows:
Ground floor – entrance lobby, living area (3.4 m x 4.95 m), kitchen area (3.25 m x 3.01 m) and WC (1.39 m x 1.98 m).
First floor – landing, bathroom/WC (2.15 m x 1.99 m), front bedroom (4.56 m x 4.58 m – maximum measurements) and rear bedroom (2.27 m x 4.51 m).
Outside – small area of enclosed frontage, allocated off road parking space to the rear and an enclosed rear garden.
The gross external floor area of the property is approximately 82m2.
Particulars
Tenure: Leasehold
Lease Length: 91 years
Council Tax Band: B
Property Downloads
Energy CertificateMap
Material Information
Total rooms: 6
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Allocated
Outside Space/Garden: Yes - Rear Garden
Year property was built: 2017
Unit size: 82
Communal lift: No
Accessible measures: No
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
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 41%, full price £200,000, £4,100 Min Deposit. Calculated using a representative rate of 5.03%
