£81,250

2 Bedroom Terraced House for Sale

Name: David Ball Agencies
Address: 34 East Street, Newquay, Cornwall, TR7 1BH, GB
Telephone: 01637 850850
Rating: 4.84

Shared Ownership, Cubert

£81,250

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Key Features

Section 106 Affordable Home 25% Share
Enclosed Rear Garden
OUT OF COUNTY BUYERS APPLICABLE
Staircasing available to 100%

Sought After Location
First Time Buyer Opportunity
Driveway Parking

Full Description

*CALLING ALL FIRST TIME BUYERS!!* An exciting opportunity to purchase this two bedroom mid-terrace home located in the sought after village of Cubert. This home boasts an enclosed rear garden, driveway parking, and an eco-friendly air source heat pump. The property comprises a kitchen, separate lounge with patio doors leading to the garden and a downstairs WC completes the ground floor. To the first floor are two double bedrooms with a master en-suite, and family bathroom. Applications are open, contact us today for the application process. Please note, availability will work on a first come first serve basis once the full application has been processed.

Location - The Village of Cubert offers amenities such as a post office, pub, school, village hall and convenience store. The nearby beaches of Holywell Bay and Crantock are in close proximity to the property. The town of Newquay is approximately three miles distance from the property and benefits from a range of shopping, schooling and banking facilities, as well as an array of fashionable bars, restaurants and nightclubs. The town also boasts an historic picturesque working fishing harbour and some of Europe's finest coastline. There is a bus and rail service to outlying areas and Newquay Airport is approximately seven miles distance from the town.

Example Share - Share price: 25% share ?81,250
Full price: ?325,000
Monthly rent: ?558.59
Monthly service charge: ?19.40

*monthly rent and service charge subject to annual review.

*Staircasing up to 100%

Eligibility - This property is subject to a Section 106 Agreement (s.106) with a local connection requirement to the parishes of Cubert, Crantock, St Newlyn East, Colan, Perranzabuloe or County of Cornwall, however, out of county applicants are now also eligible and a full financial assessment to ensure that the property is affordable and sustainable for you.

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.

To demonstrate a local connection, applicants need to:

- Have been a permanent resident in the area for at least 3 years immediately prior to advert.
- Have formerly been a permanent resident in the area for a continuous period of at least 5 years
- Be in full-time, permanent employment (not on a seasonal basis) within the area for at least 3 years immediately prior to advert.
- Have close family member (mother, father, brother, sister, son or daughter) who is currently a resident of the area and have been at least 5 years immediately prior to advert.

Properties are allocated on a first come first serve basis subject to meeting the requirements of the s.106 and demonstrating affordability.

Entrance Hall - 1.22 x 1.06 (4'0" x 3'5") -

Downstairs Wc - 1.94 x 1.09 (6'4" x 3'6") -

Kitchen - 2.19 x 2.33 (7'2" x 7'7") -

Lounge - 4.69 x 3.93 (15'4" x 12'10") -

First Floor Landing (Incl. Stairs) - 3.10 x 2.08 (10'2" x 6'9") -

Master Bedroom - 3.43 x 2.97 (11'3" x 9'8") -

En-Suite - 1.74 x 1.62 (5'8" x 5'3") -

Bedroom 2 - 3.44 x 2.50 (11'3" x 8'2") -

Family Bathroom - 2.07 x 1.95 (6'9" x 6'4") -

Leasehold Information - Leasehold Length - 990 years from new
Service Charge - ?19.40pcm