1 bedroom apartment for sale
Battalion Close, PL31 1FR
Share percentage 75%, full price £110,000, £8,250 Min Deposit.
Share percentage 75%, full price £110,000, £8,250 Min Deposit.
Monthly Cost: £543
Rent £67,
Service charge £57,
Mortgage £419*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
A) being permanently resident therein for a continuous period of at least 12 months immediately prior to Advertising and that residence is of their own choice; or
B) being formerly permanently resident therein for a continuous period of five (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 immediately prior to Advertising; or
D) being in such other special circumstances which the Council considers requires the applicant to reside therein as appropriate and which is consistent with the Council’s Cornwall Homechoice policy as amended from time to time
Summary
1 Bed Second Floor Apartment
Description
Property Description
This is a 1 bedroom second floor apartment, Located in the popular town of Bodmin. The property benefits from 1 double bedroom & allocated parking.
Location
Battalion Close is situated in the town of Bodmin which is growing in popularity and has plenty of local amenities and facilities including major supermarkets, shops and town centre all near by, it has good access links to the A30 and A38 and local buses run frequently. Bodmin Moor is also a short drive away.
This property is subject to a Section 106 Agreement (s.106) with a local connection requirement to the town of Bodmin and 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
Inner Hall
Bathroom with W/C
Bedroom 1
Living Room/Kitchen
Exterior
Single Allocated Parking Space
Particulars
Tenure: Leasehold
Lease Length: 93 years
Council Tax Band: A
Property Downloads
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 75%, full price £110,000, £8,250 Min Deposit. Calculated using a representative rate of 4.64%
