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About this property

This well-proportioned two-bedroom coach house is offered on a shared ownership basis, providing an excellent opportunity for first-time buyers to step onto the property ladder.

The property is advertised at a 40% share, with a purchase price of £95,000. The monthly rent payable on the remaining share is £317.53. Please note that eligibility criteria applies, including a requirement for buyers to have a local connection.

The accommodation is arranged over one level and accessed via a private entrance, leading into a hallway with stairs rising to the main living area (please refer to the floorplan for the full layout and flow). The property offers a spacious living/dining room, ideal for both relaxing and entertaining, along with a separate kitchen.

There are two bedrooms, including a generous principal bedroom and a second bedroom which would lend itself well as a guest room or home office. A bathroom is conveniently located off the landing to serve both bedrooms.

Externally, the property benefits from a garage and allocated parking, adding to its practicality.

Additionally, there is the option to staircase, allowing a purchaser to increase their share over time and potentially own 100% of the property.

Overall, this is a fantastic opportunity to secure an affordable home in a popular location.

Key information

Council Tax Band: B

Tenure: Leasehold

Leasehold Information:

  • Number of years left on lease: Contact branch
  • Annual service charge: Contact branch
  • Annual ground rent: Contact branch
  • Annual ground rent review period: Contact branch
  • Ground rent increase: Contact branch

Shared Ownership:

  • Share being sold: Contact branch
  • Rent payable: Contact branch

  • Utility supply:

    • Electric: Ask agent
    • Water: Ask agent
    • Heating: Ask agent
    • Broadband: Ask agent
    • Sewerage: Ask agent

    Rights and restrictions:

    • Private rights of way: Ask agent
    • Public rights of way: Ask agent
    • Listed property: Ask agent
    • Restrictions: Ask agent

    Risks:

    • Flooded in last 5 years: Ask agent
    • Flood defences: Ask agent
    • Source of flood: Ask agent
  • Property responsive
    Rew An Margh, NEWQUAY, Cornwall, TR8 2 flat
    £
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    * Estimated monthly repayment: £...

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    *Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend speaking to a Countrywide Mortgage Services Consultant who will be more than happy to help.

    †The 4.7% annual interest rate is based on the Connells Group average mortgage interest rate taken from the period of 01/01/2024 – 31/12/2024 and is correct as at 13/02/2025.

Agent details

Newquay
    Units 3-5 Morfa Hall 22A Cliff Road
    NEWQUAY
    Cornwall
    TR7 1SG
Phone Icon Icon set Phone 01637260279

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Countrywide Mortgage Services and Countrywide Insurance Services are trading names of Countrywide Principal Services Ltd which is authorised and regulated by the Financial Conduct Authority (Firm Registration Number 301684). Registered Office: Countrywide House, 6 Caldecotte Lake Business Park, Caldecotte Lake Drive, Milton Keynes, MK7 8JT. Registered in England no. 01707341.

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Sales: Miller is a trading name of Countrywide Estate Agents Limited, Registered in England Number 00789476. Registered Office Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN.
Lettings: Miller is a trading name of Countrywide Residential Lettings Limited, Registered Office: Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN. Registered in England Number 02995024. Countrywide Residential Lettings Limited is a member of and covered by the ARLA Propertymark Client Money Protection Scheme. Countrywide Residential Lettings Limited is an agent and subsidiary of Countrywide Estate Agents Limited, Registered in England Number 00789476, Registered Office: Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN. Countrywide Estate Agents is an appointed representative of Countrywide Principal Services Limited which is authorised and regulated by the Financial Conduct Authority FRN 301684. VAT number 500 2481 05.

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