2 bedroom house for sale
6 Park Wella, TR10 9FH
Share percentage 40%, full price £237,500, £4,750 Min Deposit.
Share percentage 40%, full price £237,500, £4,750 Min Deposit
Monthly Cost: £863
Rent £285,
Service charge £49,
Mortgage £529*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
To meet the local connection criteria for this scheme, you will need to meet one of the following:
a) Lived in the Parish of Wendron for a continuous period of at least 3 years immediately prior to advertising
b) Formerly lived within the Parish of Wendron 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 Wendron 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 Wendron 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.
**Please note after 28 days of advertising, the local connection requirements cascade to the secondary parishes of: Stithians, Crowan, Sithney, Gweek and Constantine.
**After 56 days of advertising, the local connection requirements cascade to the County of Cornwall
Summary
Apply for this 2-bedroom home in Penryn today.
Description
6 Park Wella is 6-year old property located on the outskirts of Penryn available from a minimum share of £95,000 (40%).
Let us know that you would like to apply for this property by registering your interest on Share to Buy. A member of Coastline's Sales Team will be in touch with further information and our online application form.
The accommodation may be briefly summarised as follows:
Ground floor – entrance hall, living room (3.93 m x 3.59 m – maximum), kitchen/diner (4.27 m x 3.6 m – maximum), rear entrance lobby and WC (1.02 m x 1.6 m).
First floor – landing, front bedroom (2.86 m x 4.76 m - maximum), rear bedroom (2.48 m x 4.48 m) and bathroom/WC (1.92 m x 2.11 m).
Outside – open frontage, enclosed rear garden and two allocated off-road parking spaces to the rear.
The overall gross internal floor area of the property is approximately 79 m².
Key Features
- 2-bedrooms
- Local connection requirements apply
- Minimum share: 40% (£95,000)
- First-come, first-served application process
- 2 parking spaces
Particulars
Tenure: Leasehold
Lease Length: 92 years
Council Tax Band: B
Map
Material Information
Total rooms: 6
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Garden
Year property was built: 2018
Unit size: 79 sq.m
Communal lift: No
Accessible measures: No
Flooded within the last 5 years: No
Listed property: No
Heating: Electric
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £237,500, £4,750 Min Deposit. Calculated using a representative rate of 5.03%
