2 bedroom apartment for sale
2 Pinewood Court, Polzeath, PL27 6TQ
Share percentage 40%, full price £360,000, £144 Min Deposit.
Share percentage 40%, full price £360,000, £144 Min Deposit.
Monthly Cost: £1,376
Rent £285,
Service charge £80,
Mortgage £1,011*
Calculated using a representative rate of 6.94%
Calculate estimated monthly costs
Please note there is a local connection to the Parishes of St Minver Lowlands or St Minver for this property, the local connection details are:
Having a local connection in this instance is defined as one of the following:
- being permanently resident in the area for three years prior to application or for five years previously
- having a permanent place of work in the area for three years prior to application
- Having a close family connection with Locality five years prior to application and where a caring dependency relationship can be established.
Applicants will be required to provide evidence that they currently live or work in one of the above areas.
Summary
Westward offer this 2-bedroom Ground Floor property in Polzeath through Shared Ownership.
Description
Westward offer this 2-bedroom Ground Floor property in Polzeath through Shared Ownership.
A 2-bedroom Ground floor flat is available to purchase (40% share) through Shared Ownership in Polzeath. Within walking distance to the Beach, Local shops and Restaurant’s.
The property is a spacious, modern ground floor flat, with built in cupboards in the bedrooms, along with new carpets and vinyl tiles in the bathroom and kitchen.
The property also benefits from air source heating, and an allocated covered parking space.
*****The above information has been supplied to us by the current owner*****
Full Market Value: £360,000 (Three hundred and sixty thousand pounds)
Share:40%
Share Price: £144,000 (One Hundred and Forty-Four thousand pounds).
Monthly Rent: £284.77
Monthly Service Charge: £80.00
**** Length Of Lease: 113 Years ****
Please email sales@westwardhousing.org.uk to arrange a viewing.
Key Features
Key Features:
- Two double bedrooms
- Fully fitted kitchen/Dining Room, with built in oven and hob.
- Double Glazing
- Air source heat pump
- Bath with shower overhead
- Allocated parking space
- Close to local amenities
Particulars
Tenure: Leasehold
Lease Length: 113 years
Council Tax Band: A
Map
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 £360,000, £144 Min Deposit. Calculated using a representative rate of 6.94%
