Nansledan, Newquay

Welcome to Nansledan. Four brand new Shared Ownership homes located on the outskirts of Newquay.
Local homes for local people. X2 3 Bed Houses. Nansledan has a range of amenities right on its doorstep including a school & local shops, Newquay town centre, larger supermarkets and famous beaches are all within easy reach.

Property Description - Welcome to Nansledan. Four brand new Shared Ownership homes located on the outskirts of Newquay.
Local homes for local people. X2 3 Bed Houses. Nansledan has a range of amenities right on its doorstep including a school & local shops, Newquay town centre, larger supermarkets and famous beaches are all within easy reach.

Share Example - Plot 76 & 77 - 3 Bed Semi-Detached House

Full Market Value: £360,000
Example Share: 40%
Example Share Value: £144,000
Example Rent (PCM): £450.00
Example Service Charge: £35.52

* Service Charge to be confirmed. Figures above are an for illustration purposes only & share level given is for guidance only. Further share options are available. Additional information regarding share options and how affordability is assessed will be provided on enquiry. Rent and Service Charges are subject to change and are reviewed annually. As a regulatory requirement, we undertake regular re-valuations of all our new-build plots. If an increase in value is identified then we may be legally obliged to increase the sales values from those initially released.

Shared Ownership - 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 remainder. 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 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.

Shared ownership homes are sold as leasehold and this has a lease of 990 years from 2024.

All images are for illustrative purposes only and should not be relied upon. These are subject to change and may not be accurate.

Section 106 Connections - To be eligible for one of our homes, applicants must be able to demonstrate a local connection to the Town of Newquay or parish of Colan in the first instance.

To demonstrate a local connection, applicants need to:
- Have been a permanent resident in the area for at least 12 months immediately prior to advert
- Have formerly been a permanent resident in the area for a continuous period of at least 5 years
- Be in full time, permanent employment (not on a seasonal basis) within the area immediately prior to advert
- Have a close family member (mother, father, brother, sister, son or daughter) who is currently a resident of the area and has been for at least 5 years immediately prior to advert

Applications not meeting the required local connection criteria will NOT be considered.

Register Your Interest - To find out more about how to register your interest, contact our Home Ownership team on or