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House For Sale £157,846
Round Ring Gardens, Penryn TR10


Description
Agents comments A fantastic opportunity for local buyers (please note initial viewing criteria). This wonderful, extended, mid-terrace property is offered for sale under the councils affordable home ownership scheme. Round Ring Gardens is an extremely popular development situated on the edge of Penryn with good links to the neighbouring town of Falmouth and cathedral city of Truro. The sale price represents 60.71% of the full market value..

The accommodation in brief comprises; lounge, extended fully fitted kitchen/dining/reception room with bi-fold doors opening to the garden, ground floor WC. To the first floor are two double bedrooms and family bathroom/WC.

The property has UPVC double glazing throughout and is warmed via a gas central heating system.

Outside the house there is an open plan front and enclosed rear garden at the rear along with added benefit of a large, semi detached single garage with pitched roof, light and power.

Round Ring Gardens is a very popular residential development on the edge of the historic town of Penryn. The town of Penryn offers a host amenities and has good local transport links to the neighbouring harbourside town of Falmouth and cathedral city of Truro.

As the property is subject to a section 106 agreement potential purchasers will have to apply to purchase via the councils affordable home ownership scheme.

Cornwall Council have full nomination rights on this property and purchasers will have to be eligible to purchase under the council's Affordable Homeownership Policy. Initially the council have indicated that applicants with a Penryn connection, with a genuine housing need for a property with 2 bedrooms will be prioritised.
Viewing arrangements -

Please only call to arrange an appointment to view if you fulfill the requirements - please check the viewing notes below. When calling please press option 2 and then option 1 to speak with Adam to arrange your viewing.

Details in full comprise;

lounge 11' 8" x 11' 6" (3.58m x 3.53m) Front door opening to the lounge, with wooden flooring, UPVC double glazed window to the front elevation, carpeted staircase rising to the first floor landing, door to the kitchen/dining/reception, radiator.

Kitchen/dining/reception room 19' 5" x 11' 9" (5.92m x 3.6m) Overall measurement.

A stunning open plan room which now forms the hub of the home, wood effect flooring running throughout the room. Access to understairs storage cupboard and ground floor WC.

Kitchen/dining Area

Very well appointed kitchen with a range of wall and base units and drawers in high gloss white, work surfaces over incorporate 1.5 bowl sink with drainer and gas hob with chrome extractor hood over. Fitted eye level double oven and integrated fridge and freezer. Space for dining table and chairs, vertical radiator.

Reception area

Lovely light reception space with bi-fold doors opening to the rear garden.

WC Continuation of wood effect flooring, low level flush WC, pedestal wash hand basin, radiator.

First floor landing Staircase from the lounge to the first floor landing, giving access to all first floor rooms.

Bedroom one 11' 6" x 8' 7" (3.52m x 2.62m) With two UPVC double glazed windows to the front elevation, fitted storage, carpet, radiator.

Bathroom/WC 6' 3" x 5' 2" (1.93m x 1.6m) Fitted white bathroom suite comprising; low level flush WC, pedestal wash hand basin, paneled and handled bath, fully tiled surrounds and fitted electric shower. Shaver point, tiled floor, radiator.

Bedroom two 7' 5" x 5' 2" (2.28m x 1.59m) plus 6' 0" x 5' 1" (1.83m x 1.56m)

L-shaped room with UPVC double glazed window to the rear elevation, carpet, radiator.

Outside front

Open plan front garden, area of artificial grass, stoned borders, pathway to the front door.
Rear


Fully enclosed rear garden with decked terrace spanning the width of the property, additional lawn area. Gate giving rear access.

Garage 17' 11" x 8' 8" (5.48m x 2.65m) With pitched roof, light and power, roller door to the front.

Viewing notes eligibility

In terms of eligibility, preference will be given to those with a Penryn connection and the genuine need for A 2 bedroom property (people with the need for an additional bedroom will be prioritised so initially we will only be showing the property to potential buyers that fulfill this criteria).

•12 months + residency
•Permanent employment 16 hours + per week
•Former residency of 5 + years
•Close family connection where that family member has lived for 5 + years (Mum/Dad/Son/Daughter/Brother/Sister)

In addition the applicant will need to:

•Be in Housing Need – i.e. Living with family/renting and otherwise unable to afford a home on the open market
•Have a minimum 10% deposit – s.106 lender requirements have changed since Covid and this is now what they're asking for
•Have a recent aip from a s.106 lender (Nationwide/Halifax/Leeds/Santander/tsb/Skipton being the main ones we are aware of)
•Have viewed and offered on the property

Section 106 eligibility assessment fee

The Council will be charging a non refundable Section 106 eligibility assessment fee of £150. This fee recovers the cost of assessing whether someone is eligible to buy an affordable home. This is in accordance with the Section 106 agreement relating to the property. The fee will be need to be paid by the person buying the property before we authorise the purchase. The fee is not required to be paid upfront and will be requested by the buyer when their solicitors are appointed.

Agents note Cornwall Council have full nomination rights on this property and purchasers will have to be eligible to purchase under the council's Affordable Homeownership Policy. Initially the council have indicated that applicants with a Penryn connection, with a genuine housing need for a property with 2 bedrooms will be prioritised. The property is being sold at 60.71% of open market value.

The owner of this property is responsible for paying an estate management charge of £110 per annum.

1. Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2: These particulars do not constitute part or all of an offer or contract.

3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4: Potential buyers are advised to recheck the measurements before committing to any expense.

5: Desmond & Co has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.

6: Desmond & Co has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Follow the link for more information:
        
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