Longfair Road, Bodmin, Cornwall, PL31 Property for sale

SHARED OWNERSHIP three-bedroom house available to purchase at a 40% share from £106,000 with a minimum 5% mortgage deposit of £5300. LOCAL CORNWALL CONNECTION REQUIRED. Call today to arrange your appointment to view & discuss this individual home!

This end of terraced house is well presented throughout with its accommodation arranged over three floors. The layout comprises on the ground floor of entrance porch, lounge, hall, WC and kitchen. On the first floor there are two bedrooms and bathroom with the main large bedroom located on the second floor. There is an enclosed rear garden and two allocated parking spaces. This is a leasehold shared ownership property. The property is also available to be bought at the full share of £265,000.

Longfair Road is a modern development located approximately 1.5 miles from the town centre. The town of Bodmin caters well for day to day needs and has several supermarkets as well as primary schools, a secondary school and leisure centre. Bodmin is situated within proximity to the A30 dual carriageway and has a mainline train station.

Example:

Full Market Value: £265,000

40% Share Price: £106,000

Rent on un-owned share £319.28 PCM

Estimated estate charge £39.09 PCM

*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.

Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these. Please also ensure that you have spoken to your mortgage lender to avoid any unnecessary costs*