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£110,000
Westward offer this 2-bedroom property in St Martin, Looe through Shared Ownership Resale
To be eligible for Shared Ownership, you have to be:
Over the age of 18
Not currently own your property
And
Not earn more than £80000 (Total Household Income)
Meet the S106 Local Connection requirements (Where applicable)
You can apply online on the Westward website as well and register your interest in any properties that you are interested in.
Please note there is a S106 local connection requirement on this property:
The Local Connection criteria is to Looe Parish
· Living permanently in the area for at least 3 continuous years right before being offered the affordable home.
· Previously lived permanently in the area for at least 5 continuous years.
· Working permanently (not seasonally) in the area for at least 3 continuous years before the offer.
· Having a close family member (like a parent, child, sibling) who meets the current residency criterion, but the required duration is 5 years instead of 3.
Westward offer this 2-bedroom property in St Martin, Looe through Shared Ownership Resale
This 2-bedroom mid terrace house is located in the popular Village of St Martyin Looe. It compromises of 2 double bedrooms, one with an ensuite and a second WC. The property also benefits from a private garden and also allocated parking and is also situated close to all local amenities, such as bus route, town centre and schools.
*****The above information has been supplied to us by the current owner*****
- Full Market Value: £220,000 (Two Hundred and Twenty Thousand Pounds)
- Share percentage: 50%
- Share Value: £110,000 (One Hundred and Ten Thousand Pounds)
- Monthly Rent: £225.92
- Monthly Service Charge: £17.05
- Monthly Building Insurance: £8.74
**** Please note the Length of Lease remaining is 118 Years – you will need to notify your Mortgage lender of this ****
Please note the seller will be holding an open day to view the property by appointment only – Please email sales@westwardhousing.org.uk to arrange a viewing
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