4 bedroom house for sale
1 Poldory Meadows, TR16 5BY
Share percentage 40%, full price £276,000, £11,040 Min Deposit.
Share percentage 40%, full price £276,000, £11,040 Min Deposit.
Monthly Cost: £931
Rent £324,
Service charge £47,
Mortgage £560*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
A) being permanently resident therein for a continuous period of at least 3 years immediately prior to Advertising; or
b) being formerly permanently resident therein for a continuous period of 5 years; or
C) having his or her place of permanent work (normally regarded as 16 hours or more a week and not including seasonal employment) therein for a continuous period of at least 3 years immediately prior to advertising; or
d) having a connection through 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 5 years immediately prior to advertising
Summary
4 bed end terraced house
Description
Property Description
This is a 4 bedroom end terraced house, Situated on the outskirts of Redruth. This property benefits from 4 bedrooms, en-suite shower, allocated parking and enclosed rear garden.
Location
Situated in the small rural village of Carharrack on the outskirts of Redruth which has a good range of amenities and facilities, including high street shops, cafes, restaurants & schools. The A30 is within easy reach & there is also a train station nearby.
This property is subject to a Section 106 Agreement (s.106) with a local connection requirement to the parish ofCarharrackand a full financial assessment to ensure that the property is affordable and sustainable for you. Our financial assessments are carried out by The Mortgage People (TMP). For more information on TMP please visit their website at tmpmortgages.co.uk.
The local connection requirementmay notapply 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.
Properties are allocated on a first come first serve basis subject to meeting the requirements of the s.106 and demonstrating affordability.
Additional shares available subject to affordability
*monthly rent and service charge subject to annual review
*Staircasing up to 100%
Key Features
Accommodation Offers
Ground Floor
Living Room
Kitchen/Diner
Cloakroom
First Floor
Landing
Bedroom 1
Bedroom 2
Bedroom 3
Family bathroom
Second Floor
Bedroom 4
En-Suite Shower
Exterior
Enclosed Rear Garden
Allocated Parking
Particulars
Tenure: Leasehold
Lease Length: 88 years
Council Tax Band: A
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
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 £276,000, £11,040 Min Deposit. Calculated using a representative rate of 4.64%
