Coastline are pleased to offer new shared ownership properties in the village of St Erth from Friday 3rd January 2025 at 5pm.
The first phase of Treloweth Lane features a mix of 12 2 and 3 bedroom homes. The homes in the Porthcollum range are 3-bedroom semi-detached houses equipped with an Air Source Heat Pump and downstairs underfloor heating, a rear garden and two parking spaces. Inside, the kitchens are finished in Moore's Olika range with a fan oven and hob. The bathrooms have a shower over the bathtub and heated towel rail, and the homes have a downstairs W/C. The home is carpeted throughout the living room / dining room and bedrooms, and has vinyl flooring throughout the kitchen and bathrooms.
Located between Hayle, Penzance and St Ives, St Erth has strong transport links via rail, bus and the nearby A30. Within the village, there are numerous local amenities including a primary school, community shop and post office, public house and parks.
Shared Ownership is a scheme that allows you to buy an affordable share of a property while paying a subsidised rent on the remaining share. All shared ownership homes are leasehold, meaning you have the right to occupy the property for the duration of the lease, with the freehold retained by Coastline. You can also choose to buy additional shares in the property, known as 'staircasing'. If you own more than an 80% share on this scheme when you decide to sell. Coastline or another housing association will be required to buy your shares back at market value which would be determined by an independent RICS valuation.
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Coastline are pleased to offer new shared ownership properties in the village of St Erth from Friday 3rd January 2025 at 5pm.
The first phase of Treloweth Lane features a mix of 12 2 and 3 bedroom homes. The homes in the Porthcollum range are 3-bedroom semi-detached houses equipped with an Air Source Heat Pump and downstairs underfloor heating, a rear garden and two parking spaces. Inside, the kitchens are finished in Moore's Olika range with a fan oven and hob. The bathrooms have a shower over the bathtub and heated towel rail, and the homes have a downstairs W/C. The home is carpeted throughout the living room / dining room and bedrooms, and has vinyl flooring throughout the kitchen and bathrooms.
Located between Hayle, Penzance and St Ives, St Erth has strong transport links via rail, bus and the nearby A30. Within the village, there are numerous local amenities including a primary school, community shop and post office, public house and parks.
Shared Ownership is a scheme that allows you to buy an affordable share of a property while paying a subsidised rent on the remaining share. All shared ownership homes are leasehold, meaning you have the right to occupy the property for the duration of the lease, with the freehold retained by Coastline. You can also choose to buy additional shares in the property, known as 'staircasing'. If you own more than an 80% share on this scheme when you decide to sell. Coastline or another housing association will be required to buy your shares back at market value which would be determined by an independent RICS valuation.
Asking Price- £115,000 -
Price And Costs - Open Market Value: From £287,500
Example 40% Share: £115,000
Rent PCM: £359.38
Buildings Insurance: £16.84
Monthly Service Charges: £76.19
The shares available for the homes under this scheme range from 10% to 75%. The shares shown above are for illustrative purposes only and to provide an example of the costs associated with shared ownership. The shares offered depend on the buyer's individual circumstances, as determined by an individual assessment.
Eligibility - To be eligible to apply for this home, you must hold a relevant local connection to the Parish of St Erth.
Dimensions - Living / Dining Room: 5.78m x 4.68m
Kitchen: 3.23m x 3.56m
Primary Bedroom: 3.60m x 3.33m
Twin Bedroom: 3.16m x 4.09m
Single Bedroom: 2.66m x 3.05m
Bathroom: 2.21m x 2.15m
W/C: 1.00m x 2.15m
Key Features - The Kitchens
.Moores Olika Units in Dust
.40mm Laminate Worktop in Terrazzo White
.BEKO Single Fan Oven with Ceramic Hob & Chimney Hood
.3 Draw Unit with Soft Close
.Rhinofloor XL Tex Vinyl in Valley Marton Grey
The Bathrooms
.Sandringham Steel Bath with Handgrips
.Bristan Aristan Lever Shower with Hinged Glass Screen
.Sandringham Washbasin with Mirror and Shaver Lights
.Sandringham Soft Close Cistern
.Electric Heated Towel Rail
Other Features
.Fibre Broadband to the Premises (FTTP)
.Air Source Heat Pump
.Carpet throughout the habitable rooms
.Front and Rear External Lights
.Shed Bases
Lease Information - Lease Length: 999 years
Tenure- Leasehold -
All Enquiries - All enquiries received by The Mather Partnership will be forwarded onto Coastline Housing's Shared Ownership department to be dealt with. We will forward all of your details that you provide to us. Alternatively, please contact Coastline direct see photograph labelled "contact info".
Council Tax Band- Tbc -
Anti Money Laundering Regulations - Purchasers - It is a legal requirement that we receive verified ID from all buyers before a sale can be instructed. We will inform you of the process once your offer has been accepted.
Proof Of Finances - Before agreeing a sale, we will require proof of your financial ability to purchase. We will inform you of what we require prior to agreeing a sale.
Broadband & Mobile Phone Coverage - To check the broadband coverage for this property please visit https://www.openreach.com/fibre-broadband. To check mobile phone coverage please visit https://checker.ofcom.org.uk/
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