Porthrepta Road, Carbis Bay

A rare opportunity to purchase this shared ownership ground floor apartment, situated on the seaward side of Carbis Bay, a short walk down to Carbis Bay Beach.
The gas heated accommodation briefly comprises, open plan lounge, kitchen diner with fitted kitchen, bathroom and bedroom.
The property is offered for sale on a shared ownership basis, which is 25% of the open market value (£220,000). Terms and conditions apply.
An internal viewing of this apartment is urged at your earliest convenience. Phone now to arrange your viewing appointment.

Communal entrance, front door opening into...

Open Vestibule - Wood effect vinyl flooring, electric consumer unit and electric meter, open into...

Open Plan Lounge/Kitchen/Diner - 8.97m x3.91m (maximum measurement) (29'5 x12'10 (m - Wood effect vinyl flooring, double glazed window to the side, double glazed full length window to the front.
KITCHEN- Fitted with a range of base and wall mounted kitchen units with roll top work surfacing over, stainless steel sink and drainer, wall mounted gas boiler, space for freestanding cooker, washing machine, fridge and freezer, ceiling mounted extractor fan. Space for dining table and chairs.

Hallway - Viny wood effect flooring, door to...

Bathroom - 2.26m x 1.70m (7'5 x 5'7) - Panel enclosed bath, with mains fed shower over, glass shower screen, tiled surround, w/c with concealed cistern and push button flush. Wash hand basin with tiled splash back, vinyl flooring, radiator, inset ceiling spot lights, ceiling mounted extractor fan.

Bedroom - 3.68m x 3.15m (12'1 x 10'4) - Fitted carpet, radiator, full height window to the rear aspect.

Outside - A secure gated entrance leads to the rear of the development where is a an allocated parking space for the use of the apartment.

Agents Note - Shared ownership properties are intended to provide accommodation for people in housing need, for first time buyers or for those who wish to get onto the property ladder. The criteria for suitable applicant is as follows:-

1. The purchaser is in need of accommodation or is a key worker (please ask for further details on key worker classification)
2. The purchaser's income is sufficient to purchase the property and is adequate to meet its future outgoings.
3.The purchaser must not own another property. If they do, they must either sell the property prior to or simultaneously to the purchase of this property.
4. The property is subject to a Section 106 Agreement whereby the purchaser must have a local connection to the parishes of St Ives, Carbis Bay, Towednack and Zennor or lived within these parishes for five years or longer.

The full open market valuation for the property is £220,000. The Shared Ownership element to the property is 25% = £55,000. Lease length= (83 Years Remaining) 99 years from 1st January 2009. The current rent payable is £335.51 per month. The current service charge is £184.40 per month. No ground rent payable.

Directions - From St Ives head towards Carbis Bay along the A3074. Turn left at Porthrepta Road and continue down the hill where the Sands apartment block which will be seen part way down the road on your left hand side. The property is situated on the ground floor, to the left side of the main door.

Material Information - Verified Material Information
Council Tax band: C
Tenure: Shared Ownership
Lease length: 81 years remaining (99 years from 2009)
Service charge: £2212.8 pa
Shared ownership - ownership percentage: 25%
Lease restrictions: Exterior of the property etc
Property type: Flat
Property construction: Standard undefined construction
Energy Performance rating: C
Electricity supply: Mains electricity
Solar Panels: No
Other electricity sources: No
Water supply: Mains water supply
Sewerage: Mains
Heating: Mains gas-powered central heating is installed.
Heating features: Double glazing
Broadband: FTTC (Fibre to the Cabinet)
Mobile coverage: O2 - Good, Vodafone - Good, Three - Good, EE - Good
Parking: Allocated
Building safety issues: No
Restrictions - Listed Building: No
Restrictions - Conservation Area: No
Restrictions - Tree Preservation Orders: None
Public right of way: No
Long-term area flood risk: No
Historical flooding: No
Flood defences: No
Coastal erosion risk: No
Planning permission issues: No
Accessibility and adaptations: None
Coal mining area: No
Non-coal mining area: Yes
All information is provided without warranty. Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.