2 bedroom house for sale
4 Mes Kurun, TR4 9GP
Share percentage 40%, full price £270,000, £5,400 Min Deposit.
Share percentage 40%, full price £270,000, £5,400 Min Deposit.
Monthly Cost: £985
Rent £338,
Service charge £32,
Mortgage £615*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Local Connection Criteria
Applications for the remaining properties at Crown Drive have now cascaded to the secondary Parishes. Those with a connection to the parishes of St Agnes, Kenwyn, St Allen, St Newlyn and Cubert can now apply. Applications will cascade to allow those with a connection to the county from Wednesday 15 May 2024.
Coastline Housing are responsible for approving your local connection and we will need to have all evidence of this before an offer of a property will be made.
To meet the local connection criteria for this scheme, you will need to meet one of the following:
a) being permanently resident in the Parish of Perranzabuloe therein for a continuous period of at least three (3) years immediately prior to the date of a Housing Application; or
b) being formerly permanently resident therein for a continuous period of at least 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 or casual employment) therein for a continuous period of at least three (3) years immediately prior to the date of a Housing Application; or
d) having a connection through a 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 five (5) years immediately prior to the date of a Housing Application and where there is independent evidence that the family member is in need of or can give support for the foreseeable future or on an ongoing basis.
*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 applicants that hold a local connection to the Parish of Perranzabuloe.
Summary
2 bedroom house with garden
Description
Crown Drive is Coastline's latest scheme offering affordable home ownership via the shared ownership scheme. The development includes 10 shared ownership homes in Goonhavern available from a 40% share.
This development consists of a range of 3- and 2-bedroom homes, each benefitting from high-quality Moores kitchens, Cormar Apollo Plus carpets, vinyl flooring to kitchens, bathrooms and W/Cs, electric hob ovens, a 10 Year LABC Building Warranty and a 999 year lease term.
Goonhavern is a village based close to the coast, strong transport links to neighbouring Newquay, Redruth and Truro. Situated close to the coast, Perran Sands Beach a short walk away from the homes. There are also several primary and secondary schools situated close to the development.
Coastline will be inviting applications for the homes at Crown Drive for two weeks starting on Monday 22 April. Every application will be processed on a first-come, first-served basis subject to full and complete application. To find out what completes an application for a home at Crown Drive, please read the Application Guide on our website.
Ahead of applying for a shared ownership home with Coastline, please ensure that you have read all of our shared ownership guides that can be found on our homepage.
As part of your application for a shared ownership home at this development, you are required to hold a local connection to the Parish of Perranzabuloe. If there is still availability on the scheme, applications will also be invited from applicants that hold a connection to the neighbouring parishes of St Agnes, Kenwyn, St Allen, St Newlyn and Cubert from Monday 6 May 2024.
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information DocumentMap
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 £270,000, £5,400 Min Deposit. Calculated using a representative rate of 5.26%
