House For Sale £121,000
Shared ownership (Advertised price represents 55% share. Full market value £220,000). This smart, modern house forms the middle of a short terrace and has a front reception room, a central cloakroom and a spacious kitchen/dining room which opens onto a pleasant rear garden with decked seating area. On the first floor of the house is a main bedroom with naturally-lit, en-suite shower room plus two further double bedrooms and a family bathroom. The energy-efficiency rating is very good, thanks to well insulated walls, roof and floor, gas central heating and high performance glazing. The property comes with parking for two cars and is conveniently located for access to the A30 which runs east to Exeter and south-west all the way to Land's End. There are shops nearby, including a Tesco superstore and M&S foodhall plus Launceston's attractive town centre can be reached on foot, via bus or by short bike ride.
Interested parties are required to complete the shared ownership application form []
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: heylo.
Tenure: Leasehold (125 years from 2018).
Minimum Share: 55% (£121,000).
Shared Ownership Rent: £210.18 per month (subject to annual review).
Combined Insurance, Service Charge and Admin Fee: £41.44 per month (subject to annual review).
Guideline Minimum Income: Dual £28,000 Single £32,500 (based on minimum share and 10% deposit).
Council Tax: Band C, Cornwall Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
Not own another property in the UK or any other country.
Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
Have access to a minimum deposit of 10% of the share being purchased.
Be in full-time, permanent employment.
Be a British Citizen or have indefinite leave to remain in the UK.
Have a good credit history.
Ground Floor
Reception Room
13' 11" max. X 12' 1" max. (4.24m x 3.68m)
Cloakroom
Kitchen/Dining Room
15' 6" x 9' 5" (4.72m x 2.87m)
First Floor
Bedroom 1
11' 1" max. X 9' 8" min. (3.38m x 2.95m)
En-Suite Shower Room
Bedroom 2
10' 10" x 8' 7" (3.30m x 2.62m)
Bedroom 3
11' 9" max. X 6' 7" (3.58m x 2.01m)
Bathroom
Interested parties are required to complete the shared ownership application form []
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: heylo.
Tenure: Leasehold (125 years from 2018).
Minimum Share: 55% (£121,000).
Shared Ownership Rent: £210.18 per month (subject to annual review).
Combined Insurance, Service Charge and Admin Fee: £41.44 per month (subject to annual review).
Guideline Minimum Income: Dual £28,000 Single £32,500 (based on minimum share and 10% deposit).
Council Tax: Band C, Cornwall Council. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
Not own another property in the UK or any other country.
Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
Have access to a minimum deposit of 10% of the share being purchased.
Be in full-time, permanent employment.
Be a British Citizen or have indefinite leave to remain in the UK.
Have a good credit history.
Ground Floor
Reception Room
13' 11" max. X 12' 1" max. (4.24m x 3.68m)
Cloakroom
Kitchen/Dining Room
15' 6" x 9' 5" (4.72m x 2.87m)
First Floor
Bedroom 1
11' 1" max. X 9' 8" min. (3.38m x 2.95m)
En-Suite Shower Room
Bedroom 2
10' 10" x 8' 7" (3.30m x 2.62m)
Bedroom 3
11' 9" max. X 6' 7" (3.58m x 2.01m)
Bathroom
