3 bedroom house for sale
17 Pennance Parc, TR16 5TY
Share percentage 35%, full price £370,000, £6,475 Min Deposit.
Share percentage 35%, full price £370,000, £6,475 Min Deposit.
Monthly Cost: £1,268
Rent £501,
Service charge £29,
Mortgage £738*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
Detached house with garden and garage
Description
Pennance Parc
Coastline is proud to announce four new affordable shared-ownership homes now available in Pennance Parc, Lanner.
This selection of 3-bedroom homes each benefit from a kitchen outfitted in the high-quality Moores Definitive Range, front and rear gardens, carpeting and vinyl floor and each home is equipped with its own garage space. The homes also benefit from a 10 Year LABC Building Warranty and a 999 year lease term.
Lanner is situated 2 miles away from neighbouring Redruth, with frequent buses to and from the town. There is also a post office and service station within the village, as well as stores and eateries within walking distance from the development. There is also a primary school situated within Lanner.
These plots will be allocated on a first-come, first-served basis subject to a full and complete application. Please refer to our Application Process Guide for what constitutes a full application. The homes are available from a minimum share of 35%.
To apply for one of these superb homes, please contact our sales team at home.ownership@coastlinehousing.co.uk or on 01209 200230.
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document 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 35%, full price £370,000, £6,475 Min Deposit. Calculated using a representative rate of 5.26%
