Higher Newham Lane, Newham, Truro, Cornwa, TR1

Why rent when you could buy with SHARED OWNERSHIP?

Whether you’re taking your first step onto the
property ladder or searching for a long-term
family home, The Gwel has been designed to
meet every stage of life.

The Lyonesse – named after the legendary lost land said to lie beneath the sea off Cornwall’s coast – is a beautifully designed two-bedroom semi-detached home, offering smart, contemporary living with a touch of mystery and romance.

We have 6qty of these properties available which will be allocated on a first come, first served basis.

With one private parking space, the home opens into a welcoming hallway featuring a utility room and under-stairs storage to keep life organised. To the left, a well-appointed kitchen provides a practical and stylish cooking space, while the hallway leads through to the spacious living/dining area, where double doors open onto the rear garden, perfect for entertaining or relaxing outdoors.

Upstairs, the landing includes a built-in storage cupboard and leads to a sleek family bathroom and two well-sized bedrooms. Both bedroom one and bedroom two offer space for wardrobes, making them ideal for restful retreats or versatile living arrangements.

Thoughtfully planned and full of charm, The Lyonesse offers a modern lifestyle wrapped in Cornish legend – the perfect sanctuary to call home.

Please note there is a live/work connection of 3 years to Truro or Cornwall for this property - please contact us for more details.

FEATURES:
Off road parking for 1 vehicle
Air Source Heat Pump
Electric vehicle charging point
Fibre to the home for superfast broadband
Low energy lighting throughout
10 year warranty
Turf to rear garden
Covered cycle storage in rear garden

Full Market Value: £310,000
25% Share Price: £77,500
5% deposit £3,875
Rent on un-owned share at 2.50%
Rent on un-owned share (75%) £484.38 pcm
Estimated service charges £75.90 pcm inc buildings insurance & management fee.

Truro is a vibrant cathedral city steeped in
culture and history, with a reputation as
Cornwall’s centre for shopping, education,
and everyday conveniences. From high-street
stores and boutique independents to lively
cafés, restaurants, schools, and healthcare
facilities, everything you need is close at hand.

The Gwel itself has been thoughtfully planned
to encourage connection with both people and
nature. Tree-lined streets, landscaped green
spaces, and pedestrian pathways create a
welcoming environment, while nearby cycle
routes and riverside walks link the development
seamlessly to the wider city and countryside.

Just a mile from Truro train station and with
excellent access to the A39, the development
is perfectly positioned for commuters, families,
and those who simply want to explore Cornwall’s world-famous beaches, rugged coastline, and rolling countryside.

Future community facilities are at the heart
of the masterplan, helping to foster a strong
neighbourhood identity from the outset.
Families will also benefit from access to
well-regarded schools and local services, while
flexible home ownership options — including
Shared Ownership — ensure The Gwel is open
and accessible to a wide range of buyers.

What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 10% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright.
Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

*Please note, images have been used for illustrative purposes only and are of the 3 bedroom Tristan house type Show Home on Plot 212. Specification, layout and finish may be subject to change.