*Available Through Shared Ownership* 1 Bedroom self contained flat.

Cornwall Housing are pleased to offer this 1 bedroom apartment in the sought after village of St Ann’s Chapel near Gunnislake in Cornwall. 

This is an ideal home for first time buyers and downsizers alike, the property has one designated parking space. The space comprises of a small entrance porch, a generous open plan lounge, kitchen and dining area, a spacious inner hallway with large storage cupboard, double bedroom and bathroom.  

This home is on the market for £95,000 and Cornwall Housing are offering a minimum share of £40%. 

Full Market Value: £95,000

Minimum Share: 40%

Share Purchase Price: £38,000

Rent per month: £118.75

Larger shares are available, please contact us for more information.

Tenure: Leasehold

Description

On entering this well designed 1 bedroom flat you will find a useful enclosed porch area leading into the open plan lounge, dining room and kitchen. 

Lounge:

This open plan space is light and airy with a large window overlooking the front of the property. this room is equipped with TV, telephone points and double radiator. 

Kitchen / Diner:

This open plan space is fitted with a range of pale grey coloured base and wall units complete with matching worktop. The kitchen also features a built in stainless steel effect oven, hob and extractor fan. There is space for a washing machine and upright fridge freezer. The kitchen has a modern feel but it neutrally coloured to fit in well with any decoration for the rest of the room. A door leads to the rest of the flat.

Upstairs you will find:

Internal Hallway

The landing has all doors leading to the bedroom and the bathroom, it also features a very large storage cupboard. There is space in this hallway for a small desk area. 

Bathroom:

The bathroom has been tastefully finished with tiling around the bath and vinyl to the floor. It has a classic white suite with chrome fittings, a thermostatic shower over the bath and a glass shower screen. Rear aspect double glazed obscured window and radiator.

Bedroom:

Overlooking the back of the house, this room is fitted with a large double glazed window and radiator.

Outside:

This home with an allocated parking space right at the front of the property and an enclosed bin storage area. 

Shared Ownership

A fantastic way to get purchase your own home if you are unable to afford to buy on the open market! You buy a share of the property, usually between 40% and 75% and you rent the remaining share at an affordable rate. You can buy more shares later, often up to 100%, or sell at any time. The more of the property you own, the less rent you pay! The combined monthly cost of owning a Shared Ownership home are generally less than renting privately or purchasing outright. Contact our friendly team for more information.

Eligibility

This property is subject to a Section 106 and qualifying criteria can be obtained from Cornwall Housing Ltd but you must be a resident of Cornwall. 

You must register with Help to Buy South.

You must have an income of less than £80,000 per year.

You must not be a current homeowner or be named on any property here or abroad (or your current home must be under offer).

You must not be able to afford to buy a home suitable for your needs on the open market.

You must make the property your principal home.

You are able to pass an affordability assessment.

You have access to at least £2,500 in addition to any deposit in order to pay for legal and moving costs.

You are able to obtain a mortgage or be able to pay for your share using cash or savings.

NOTE:

Money Laundering Regulations – purchasers will be asked to produce identity documentation at a later stage.

These particulars are a general guide to the property and are issued in good faith. They do not constitute representations of fact or form any part of any offer or contract.

The measurements indicated are supplied for guidance only and as such should be considered incorrect.