Polgrean Place, St Blazey
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
1
- SIZE
Ask agent
Key features
- NEW BUILD
- THREE BEDROOMS
- SHARED OWNERSHIP 40%
- SECTION 106 RESTRICTIONS APPLY
- SITUATED IN ST BLAZEY
- OFF STREET PARKING
- 990 YEAR LEASE FROM COMPLETION
- TERRACED
Description
Property Description - Welcome to Polgrean, St Blazey - Local homes for local people! We're excited to announce an opportunity for Shared Ownership in the small Cornish town of St Blazey. 5 x 3 Bedroom Homes. Close to local amenities, beautiful woodlands & popular sandy beaches.
Location - Situated in the traditional Cornish Town of St Blazey, Polgrean will deliver a selection of 3 bedroom homes to purchase under Shared Ownership. Created by leading South West developer, Gilbert & Goode, this exciting redevelopment provides new build homes in an established community setting. Affectionately known as St Blaise, this town offers a close community feel with lots of local history. Within walking distance you will uncover beautiful woodlands & popular sandy beaches, perfect for that weekend explore, by car you will discover more activities and attractions close-by, including the much loved Eden Project.
Share Examples - Example Costs
Plots 1 & 5
Full Market Value: £280,000
Share: 40%
Share Value: £112,000
Rent (PCM): £350.00
Service Charge (PCM): £9.68
Plots 2,3 & 4
Full market value: £275,000
Share: 40%
Share Value: £110,000
Rent (PCM): £343.75
Service Charge (PCM): £9.68
Rent and Service Charges are subject to change and are reviewed annually.
Shared Ownership And Section 106 Information - Shared Ownership is an exclusive product for local residents. Section 106 and staircasing restriction’s may apply, scheme specific details will be released upon full launch of these homes. Affordability is based on a financial assessment to determine the share percentage to be provided.
Home offers will be based on a review process, with priority given to local connection and affordability need. Whilst we endeavor to make our home descriptions accurate, they are for general guidance only and may be subject to change throughout the build process.
Shared ownership offers you another way to buy your own home. You'll buy an initial share, usually between 25% and 75%, of the homes value, and pay an affordable rent to Ocean Housing on the remaining share. Later, you can then choose to buy further shares in your home, and in most cases work towards 100% ownership. If your household earns £80,000 or less a year, you are a first-time buyer, you once owned a home but cannot afford to buy one now or are a current shared owner looking to move-up the property ladder, then shared ownership could be the answer you're looking for. S106 restrictions will apply. Shared Ownership homes are sold as leasehold.
Maximum Staircasing is scheme specific - *100% ownership may not be achievable on all developments. As the shared owner, you will be responsible for maintenance and repairs to your home.
All CGI images are for illustrative purposes only and should not be relied upon. These are subject to change and may not be accurate.
Section 106 Criteria - To be eligible for one of our homes, you must be able to demonstrate a local connection to the parish of St Blazey.
To demonstrate a local connection, applicants need to:
-Have been a permanent resident in St Blazey for at least 3 years immediately prior to advert
-Have formerly been a permanent resident in St Blazey for at least 5 years
-Your place of work (16 hours a week or more and not including seasonal employment) for a continuous period of at least 3 years immediately prior to advertising
-Have a close family member (mother, father, brother, sister, son or daughter) who is currently a resident in St Blazey and has been for at least 5 years immediately prior to advert & where there is independent evidence that the family member is in need or can give support for the foreseeable future or on an ongoing basis.
Applications not meeting the required local connection criteria will NOT be considered.
Floorplan - The floor plan is for illustration purposes only and is not to scale therefore should not be relied on for measurements/specification.
Tenure - Leasehold - 990 Years Granted from Completion.
Register Your Interest - Please read through the documents in the Sales Brochure tab on our website and to apply or to find out more, contact our Home Ownership team on or
Brochures
Polgrean Place, St BlazeyBrochureShared Ownership
SHARED OWNERSHIP
40%
RENT
£343.75 (for payment frequency, ask the agent)
Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
Ask agent
ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
Ask agent
LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
990 years left
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: TBC
Polgrean Place, St Blazey
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Par Station0.6 miles
- Luxulyan Station2.5 miles
- St. Austell Station3.5 miles
About the agent
Millerson, St. Austell
5/6 Market Street, St. Austell, PL25 4BB
A little about us
The friendly and hardworking St Austell team cover a wide and diverse marketplace in areas ranging from quiet rural hamlets, family homes in central St Austell to picturesque fishing harbours. The St Austell team have enthusiasm and drive combined with many years of experience of selling property in St Austell. Their service speaks for itself as they have just won, for the second consecutive year running, the number one es
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Visit our security centre to find out moreDisclaimer - Property reference 32911566. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Millerson, St. Austell. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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