2 bedroom house for sale

Available

Phillimore court, Foxhole, PL26 7DQ

£52,500 · Shared Ownership Resale

Share percentage 30%, full price £175,000, £5,250 Min Deposit.

Available
2 bedrooms
1 Bathroom
Private Garden
Pets allowed
Parking
£52,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £175,000, £5,250 Min Deposit.

Monthly Cost: £614
Rent £314, Service charge £34, Mortgage £266*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

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Eligibility

A) At the time of birth was resident in the parish or

B) was a resident for at least 10 out of the first 16 years of life in the parish or


C) Has been ordinarily resident within the parish for at least 3 years of the immediately preceding 10 years or


D) Has been employed in the parish for at least 3 of the immediately preceding 10 years

Summary

2 Bed Mid Terrace House

Description

This is a 2 bedroom mid terraced house, situated in the village of Foxhole. This property benefits from enclosed garden to the rear and allocated parking.

Location

Phillimore Court is situated in the village of Foxhole, which benefits from everyday amenities and facilities together with the nearby village of Nanpean. The main town of St Austell is a short drive away which has a larger range of amenities including town centre and supermarkets.

This property is subject to a Section 106 Agreement (s.106) with a local connection requirement to the parish of St Stephen in Brannel along with 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 requirement may 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.

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

Ground Floor

Living Room

Kitchen/Diner

Downstairs W/C

First Floor

Landing

Main Bedroom

Bedroom 2

Family Bathroom

Exterior

Enclosed Rear Garden

Allocated Parking

Particulars

Tenure: Leasehold
Lease Length: 86 years
Council Tax Band: B

Property Downloads
Key Information Document Energy Certificate
Map
St Austell (3.58 miles) Bugle (4.27 miles) St Columb Road (4.35 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.

£52,500
Shared Ownership Resale
Estimated Monthly Cost:£614
Rent £314
Service Charge £34
Mortgage £266

Share percentage 30%, full price £175,000, £5,250 Min Deposit. Calculated using a representative rate of 4.64%


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.