The Yard, Lostwithiel, Cornwall, PL22

A SECTION 106 AFFORDABLE LOCAL CONNECTION ONLY LEASEHOLD ONE BEDROOM GROUND-FLOOR APARTMENT SOLD AT 60% OF ITS FULL MARKET WITH A PRIVATE GARDEN AND ALLOCATED PARKING.

THIS RESIDENCE EPITOMISES CONTEMPORARY LIVING THROUGH ITS METICULOUSLY CONSIDERED LAYOUT, MODERN AESTHETICS, AND A KEEN FOCUS ON LIFESTYLE REQUIREMENTS, MAKING IT AN IDEAL SELECTION FOR FIRST-TIME BUYERS OR ONE LOOKING TO DOWNSIZE INTO A REFINED YET PRACTICAL HOME.

Upon entering this beautifully presented home, you are welcomed by an impressive open-plan kitchen, living, and dining area. This spacious and versatile environment caters perfectly to daily needs while creating an inviting atmosphere for entertaining family and friends.

The modern kitchen features an extensive worktop and generous cupboard space, boasting contemporary wall and base units in a cream shaker style design, complemented by wooden effect flooring for easy maintenance. This area flows effortlessly into the utility room.

A suite of high-quality integrated appliances includes an electric oven with an induction hob and chimney-style cooker hood, alongside a fridge/freezer and dishwasher. The combi central heating boiler is discreetly positioned behind a kitchen wall unit. The expansive living area accommodates your sofa and comfortable seating, with ample room for dining furniture, designed with relaxation in mind. to the left, a highly functional utility room offers exceptional additional storage for household essentials, alongside provisions for a newly fitted washing machine, enhanced by further fitted base units for practical storage solutions.

Adjacent to this is a generously proportioned double bedroom, exuding a bright and inviting atmosphere through full-height windows. This space accommodates wardrobes and a dressing table or workstation, if desired, with a door leading directly onto the front garden.
The modern bathroom, recently fitted with a stylish contemporary suite, excluding the bath, features neutral splashback panels in soothing shades of grey, complemented by coordinating floor tiles. This space includes a shower over the bath and a heated towel rail for added warmth and comfort. The front of the living area is adorned with full-height windows, allowing natural light to flood the space while overlooking the private lawned garden situated at the front.

Access is granted via a charming communal pathway leading to a private gated entrance. Beyond the picket fence and shrubbery lies a lawned garden, featuring a decked area—an ideal retreat for alfresco dining or unwinding throughout the day and evening. A central pathway guides you to the front door. Additional advantages include an allocated parking space for one vehicle, with designated spaces for visitors, and access to the onsite electric car charging points available to residents within the development. This is a leasehold apartment with a lease that commenced in 2018 for 999 years. There is an annual service charge of £1860.00 with an annual ground rent of £120.00. Please note: This property qualifies as an affordable home under the Section 106 scheme and is subject to specific local connection and affordability criteria below.

This property is an affordable home and subject to a section 106 agreement which means it is sold at 60% of its full market value to applicants who have an area local connection to Lostwithiel. The property has restrictions on purchase therefore it is important you check the criteria below to confirm your eligibility. Please see below. You will need to have the following,

• Current residency/permanent employment of 16 + hours per week for 3 + years
OR
• Former residency of 5 + years
OR
• Close family member (Mother/Father/Sister/Brother/Son/Daughter) where that family member has lived in the parish for 5 + years
OR
• Born in the parish
OR
• A resident for 10 years out of the first sixteen years of their life
•
After 14 days of marketing we can consider those who have a local connection to the adjoining parishes of St Sampson, St Winnow, Lanlivery and Lanhydrock

After 28 days of marketing we can consider those with a Local Connection to Cornwall (i.e. all other parishes/towns outside of the primary and secondary areas) – please ask us for details.

In addition the applicant will need to:

• Be in Housing Need – i.e. living with family/renting and otherwise unable to afford a home on the open market
• Have a maximum household income of £80,000
• Have a minimum 10% deposit (or 5% with relevant AIP)
• Have a recent AIP from a s.106 lender (Nationwide/Halifax/Leeds/Santander/TSB/Skipton being the main ones we are aware of)
• Have viewed and offered on the property

Please telephone or email our office and we will be able to assist in explaining the above.

The development offers convenient access to the historic River Fowey, Coulson Park, Restormel Castle, and the stunning Cornish coastline too. With excellent road and rail links, including a mainline station with direct services to London, makes this an ideal base for commuters and explorers alike. Nearby towns like St Austell, Bodmin, and Liskeard provide additional amenities and services.