2 bedroom house for sale

Available

Rew an Margh, Newquay, TR8 4RA

£141,000 · Shared Ownership Resale

Share percentage 60%, full price £235,000, £7,050 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Garden
Pets allowed
Parking
£141,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 60%, full price £235,000, £7,050 Min Deposit.

Monthly Cost: £1,014
Rent £201, Service charge £10, Mortgage £803*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Eligibility

Live or work in
Cornwall

Summary

Located in the delightful town of Newquay, Cornwall. This semi-detached home features 2 spacious double bedrooms, a kitchen/dining room and allocated parking!

Description

ABOUT THE HOME
You enter this charming home through the front door, and step onto the stylish dark wood laminate floor of the entrance hallway which situates the stairs that lead the downstairs WC.

To the right of the hallway, the laminate flooring extends into the living room. Plenty of natural light streams into this space through the large windows which overlook the front of this home. Telephone and TV aerial points are provided for your entertainment needs.

Situated at the rear of the home, the kitchen/dining room also boasts the same laminate flooring. This spacious room showcases a range of modern fitted units complete with an oven, a gas hob and extractor fan. With ample room for a dining table and a convenient door that leads to the private enclosed garden, this space is a perfect hub for entertaining.

As you ascend the stairs. you will notice that the staircase, landing and both bedrooms are fitted with a lovely brown carpet.

Both bedrooms are generous sized doubles. Bedroom one is positioned to the front of the home while bedroom two to the rear.

Also situated to the rear of the home, the family bathroom is comprised of a white bathroom suite including a shower over the bath and shower screen. This modern space is neutrally decorated with white partially tiled walls and a light colour laminate flooring.

Outside. the rear garden is laid to lawn with a handy shed for your storage needs.

MEASUREMENTS
Entrance hallway: 6m x 1.9m
Kitchen: 3.4m x 3.4m
Living/dining room: 4.3m x 2.9m
Stairs/landing: 2.6m x 2.2m
Bathroom: 1.9m x 2.2m
Bedroom one: 3.2m x 5m
Bedroom two: 4.6m x 2.7m

Allocated parking
Council tax band: B
Remaining Lease Term: 121 years

Please note that a local connection to the Parish of Colan is required to apply for this home.

*While we endeavour to make our sales particulars fair, accurate and reliable they are only a general guide to the property. Room dimensions and property details have been supplied to us by the current vendor so are for indication purposes only. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared Ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.

Key Features
  • Shared Ownership
  • 60% Share £141,000
  • Monthly rent £200.50
  • Allocated Parking
  • Modern Décor Throughout
  • Private Rear Garden
  • Standard Model Shared Ownership
  • Remaining Lease Term: 121 year
  • Local Connection to the Parish of Colan required
Particulars

Tenure: Leasehold
Lease Length: 121 years
Council Tax Band: B

Property Downloads
Key Information Document Energy Certificate
Map
Quintrell Downs (1.36 miles) Newquay (1.36 miles) St Columb Road (5.22 miles)
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.

£141,000
Shared Ownership Resale
Estimated Monthly Cost:£1,014
Rent £201
Service Charge £10
Mortgage £803

Share percentage 60%, full price £235,000, £7,050 Min Deposit. Calculated using a representative rate of 5.26%


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.