3 bedroom house for sale
32 Soldon Close, PL28 8FS
Share percentage 35%, full price £420,000, £14,700 Min Deposit.
Share percentage 35%, full price £420,000, £14,700 Min Deposit.
Monthly Cost: £1,154
Rent £386,
Service charge £22,
Mortgage £746*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
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 Padstow. The local connection requirements are outlined within a planning document issued by Cornwall Council called a “Section 106 Agreement”, which is unique to each new development.
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) Lived in the Parish of Padstow for a continuous period of at least 3 years immediately prior to advertising
b) Formerly lived within the Parish of Padstow for a continuous period of 5 years.
c) Your place of work (16 hours or more a week and not including seasonal employment) has been within the Parish of Padstow for a period of at least 3 years immediately prior to advertising
d) Have a connection through a close family member (mother, father, brother, sister, son or daughter) where the family member is currently a resident of the Parish of Padstow and has been so for a continuous period of at least 5 years immediately prior to advertising.
*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.
PROVING YOUR CONNECTION
So that we can approve your local connection, you will need to provide us with some documents as evidence.
You will need to bring this evidence with you to your application interview. If you are unsure on what you will need to provide, please contact the Sales Team.
Residency (a, b or d) – evidence to cover the relevant period for yourself or close family member**
- Full Credit report showing presence on the electoral roll - As you need to provide this to TMP as part of your financial assessment, this is the easiest way to prove criteria a or b
- Utility bills - One from each year required
- Council tax bills
- Bank/credit card statements - One from each year required
- State benefit book or receipts showing rent paid
- Payslips showing home address - One from each year required
- Written certification from either a solicitor/social worker/probation officer/inland revenue officer/police officer/teacher or doctor
**Please note that if you are using a family connection, you will also need to provide proof of family connection such as birth orMarriage certificates and change of name documentation if applicable.
Employment (c) – evidence to cover the relevant Local Connection period
- Payslips showing employers address
- Employer’s letter confirming length and terms of employment (including hours worked if applicable)
Summary
3 bedroom end of terrace house
Description
32 Soldon Close is a 3-bedroom end-of-terrace house available for shared ownership with a minimum of a 35% share, located in the popular Cornish town of Padstow.
This property benefits from two double bedrooms and one single, a kitchen diner, a separate lounge with French doors opening onto the garden, two parking spaces, a family bathroom, an additional downstairs WC, gas central heating and a rear garden which has been landscaped and improved by the current owners and features a shed and good size summer house.
The kitchen features a range of base and eye-level units, a laminated worktop, an electric oven, an extractor chimney hood, an electric hob and vinyl flooring. The current owners have installed further cabinetry to create a usable utility area. The family bathroom is fitted with a contemporary white suite, glass shower screen, shower over the bath, tiling around the bath enclosure and vinyl flooring. The remainder of the property is carpeted throughout.
Built in 2017, this property further benefits from the remaining 3 years of the New Build Warranty and has 92 years remaining on the lease (99 years from new).
The local connection is 3 years to the primary parish of Padstow. This cascades to the secondary parishes of St. Issey, St. Merryn, St. Eval & St. Ervan after 28 days of marketing.
Key Features
- Two double bedrooms, one single.
- Kitchen diner with separate lounge
- Landscaped rear garden with shed and summer house
- Parking for two cars
- Full gas central heating
- Staircasing to 100% permitted
- 92 years remaining on lease
- 3 Years remaining on New Build Warranty
- Local Connection – Parish of Padstow
Particulars
Tenure: Leasehold
Lease Length: 92 years
Council Tax Band: B
Property Downloads
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 35%, full price £420,000, £14,700 Min Deposit. Calculated using a representative rate of 4.64%
