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£146,250
Westward offer this 2-bedroom property in St Martins, 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 are required to occupy the property as your sole and principal home until it is sold
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:
Having a local connection in this instance is defined as having a connection to Looe Parish and is defined as one of the following:
- 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 are pleased to offer this well-presented 2-bedroom end‑terrace house constructed in 2018.
It is situated in a popular residential area of Looe, enjoying an elevated position with attractive countryside views.
The property offers a bright and spacious living area, modern kitchen, 2 bedrooms, an en-suite, family bathroom and downstairs WC.
Benefits include a large private tiered garden with patio decking, lawn and planting areas along with 2 allocated off-road parking spaces.
Further benefits include double glazing, an EPC rating of B and remaining NHBC
St Martin is conveniently located close to the local amenities, bus routes and schools
*****The above information has been supplied to us by the current owner*****
Full Market Value is £225,000 (Two Hundred and Twenty-Five Thousand Pounds)
Share amount to be sold is 65%
The amount of the share price is £146,250 (One Hundred and Forty-Six Thousand and Two Hundred and Fifty Pounds)
Monthly Rent: £167.17
Monthly Service Charge: £0.01p (Due to increase)
Monthly Building Insurance: £10.02
**** Please note the Length of Lease remaining is 117 Years and you MUST make your Mortgage Lender and Financial Advisor aware of this ****
Please email sales@westwardhousing.org.uk to arrange a viewing