1 bedroom apartment for sale
7 Melin Goth, Centenary Way, TR3 6FJ
Share percentage 40%, full price £170,000, £3,400 Min Deposit.
Share percentage 40%, full price £170,000, £3,400 Min Deposit.
Monthly Cost: £869
Rent £216,
Service charge £265,
Mortgage £388*
Calculated using a representative rate of 5.26%
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 12 months 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) 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 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 those that hold a local connection to the Town of Truro.
Summary
7 Melin Goth is a ground floor, one bedroom apartment located on the outskirts of Truro.
Description
Featuring a modern, open plan living/kitchen/diner with French doors opening on to a small terrace, bedroom also with French doors, bathroom with full height contemporary tiling, glass shower screen and vinyl flooring, door entry system, gas central heating, one allocated parking space and access to communal under croft bin & bike storage area.
The property also benefits from the 4 year building warranty
Particulars
Tenure: Leasehold
Lease Length: 93 years
Council Tax Band: A
Map
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 40%, full price £170,000, £3,400 Min Deposit. Calculated using a representative rate of 5.26%
