Park Tolvean, Redruth, TR15

75% Shared Equity Home, *** CONDITIONS APPLY  PLEASE READ BELOW - Price based on 75% of the open market value ***. Offering 3 BEDROOMS, MODERN KITCHEN & BATHROOM, GOOD SIZED GARDEN & PARKING.

The property is within Park Tolvean is a modern development of contemporary homes in the heart of Redruth, within half a mile of the local shops, amenities and main transportation links.

PROPERTY:

Mildren Homes properties are finished to a high standard and an excellent specification.

You have an entrance hall, cloakroom/WC. Kitchen Range of gloss eye level and base units, roll edge work surfaces with tiled surrounds and space for white goods. Single oven, gas hob and extractor hood with glass splash back. Integrated fridge/freezer, Ideal Logic combi boiler, one and a half bowl stainless steel sink and drainer, window overlooking the front of the property.

To the rear the lounge/dining room with French door providing access and overlooking the garden. A good space with plenty of room for a dining table and lounge furniture.

To the first floor you will discover the three good size bedrooms and the family bathroom with modern suite comprising a panelled bath with wall mounted shower and shower screen. Low level wc and a pedestal wash hand basin with mirror above. Ladder towel rail and tiled surround,

EXTERNALLY:

To the rear a substantial garden which is currently laid to lawn with a paved patio area. The garden is enclosed and is a very safe area for pets and children alike. You also have a handy timber outbuilding with light and power.

To the front a useful bin and bike store and driveway parking for one. On street parking is available for further parking.

Location

Park Tolvean is a small development of properties located in a tucked away position on the fringe of the town centre.  Being ideally situated for accessing the local schools, shops and amenities, yet within a short distance to the main A30 trunk road making access to other parts of the county and beyond that much easier.

Other nearby attractions include the Tehidy Country Park which is a wonderful outside space for families to enjoy with meandering pathways amongst the woodland and also has an adjacent golf course.

Redruth is also ideally situated for accessing north and south coasts, the north being popular for surfing with its majestic cliff top walks and sandy beaches such as Porthtowan, St Agnes and Perranporth. Redruth has to offer along with the main railway station linking to London Paddington.

The cathedral city of Truro lies approximately nine miles distant, being the main centre in Cornwall for business and commerce.

HEATING & GLAZING: UPVC double glazing & gas central heating.

SERVICES: Mains gas, electricity, water and drainage.

CRITERIA:

Share Price 75%
Full Market value Price: £260,000
Monthly Rent - No monthly rent payable for the 25% share not owned. Staircasing available once purchased.

CRITERIA:

Buyer(s) eligibility

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 and the criteria for applicants are as follows:-

1.                  The buyer is in need of accommodation.

2.                  The buyer’s income is sufficient to purchase the property and is adequate to meet its future outgoings.

3.                  The buyer must not own another property. If they do, they must either sell the property prior to or simultaneously to the purchase of your property

4.                  This property is subject to a s106 Agreement in place whereby the buyer must have a local connection

Local Connection

“Local Connection” means a connection with the Town or the County as appropriate and demonstrated by that person or a member of their Household to the reasonable satisfaction of the Council:

(a) being permanently resident therein for a continuous period of at least 12 (twelve) months immediately prior to Advertising and that residence is of their own choice; or

(b) being formerly permanently resident therein for a continuous period of 5 (five) years; or

(c) having his or her place of permanent work (normally regarded as 16 (sixteen) hours or more a week and not including seasonal employment) therein immediately prior to Advertising; or

(d) having a connection through a close family member (normally mother, father, brother, sister, son or daughter) where the family member is currently resident therein and has been so for a continuous period of at least 5 (five) years immediately prior to Advertising; or

(e) being in such other special circumstances which the Council considers requires the applicant to reside therein as appropriate and which is consistent with the Council’s Cornwall Homechoice policy as amended from time to time