Coastline are excited to bring four brand-new shared-ownership homes to Porthtowan!
If you have already registered your interest on Share to Buy you will have received an email from containing the online application form and guidance on the next steps to complete your application.
Coastline’s Sales Team will process applications on a first-come, first-served basis, subject to receiving a complete application.
If you haven't yet registered your interest on Share to Buy, we encourage you to do so now. If homes are still available, Coastline’s team will contact you with the application form and further guidance.
Sparrow Close features a range of two-and three-bedroom houses, all with modern finishes, air source heat pump heating, a rear private garden and two parking spaces (with one space offering EV charging capability).
The minimum share for Sparrow Close has been set at 40%. A range of shares from 40% - 75% will be available to applicants, subject to affordability.
To register your interest in one of the homes at Sparrow Close, please visit Share to Buy. Once you have registered your interest in a property, Coastline's Sales team will be in contact to discuss the next steps of the application.
Before applying for a shared ownership home with Coastline, please ensure you’ve read all of their guides on shared ownership. If you have any questions about shared ownership or the homes at Sparrow Close, don’t hesitate to contact their Sales Team.
Eligibility
To be eligible to apply for a property on this scheme, you are required to evidence that you have a connection to the Parish of St Agnes. Coastline will need to receive the relevant evidence before an offer of a property can be made.
To meet the local connection criteria for this scheme, you will need to meet one of the following:
a) being permanently resident therein for a continuous period of at least three (3) years immediately prior to the date of a Housing Application; or
b) being formerly permanently resident therein for a continuous period of at least five (5) years; or
c) having your place of permanent work (normally regarded as 16 hours or more a week and not including seasonal or casual employment) therein for a continuous period of at least three (3) years immediately prior to the date of a Housing Application; 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 five (5) years immediately prior to the date of a Housing Application and where there is independent evidence that the family member is in need of or can give support for the foreseeable future or on an ongoing basis.
*The local connection criteria does not apply if you are a serving or previously serving member of the regular armed forces or qualifying under any other clause of the Allocation of Housing (qualification criteria for armed forces) (England) regulations 2012.
**If there is still availability on this scheme after two weeks, applications will then be opened to applicants that hold a connection to the secondary area, defined as the neighbouring Parishes of Portreath, Chacewater, Kenwyn and Perranzabuloe.
***If there is still availability on this scheme two weeks after the initial cascade to the neighbouring parishes, applications will then be invited from applicants that hold a connection to the County of Cornwall.
****If after 70 days from the date of advertising the homes for sale there is still availability, the homes may be opened up to a person who meets at least one of the points a – d listed above, or who holds a Minimum Local Connection to the County of Cornwall.
Figures
FMV: From £310,000
Minimum share (40%): £124,000
Monthly rent (40%): £387.50
Monthly buildings insurance: £19.55
Monthly service charges: £0.00*
The minimum share for this scheme is 40%.
*Service charges for Sparrow Close will not take effect until the development has been fully completed, which is currently anticipated to be in 2032. Once introduced, the service charge will initially be set at £50 per property and will increase annually in line with inflation, subject to a maximum charge of £100 per property per year. Service charges will be collected in 12 equal monthly payments.
A 15% administration fee will also apply to the service charge.
Approximate room dimensions
Living / Dining Room: 4.57m x 3.38m
Kitchen: 3.54m x 4.59m
Bedroom 1: 3.54m x 3.72m
Bedroom 2: 2.52m x 3.76m
Bathroom: 1.90m x 2.73m
W/C: 1.77m x 1.13m
81 sqm2
Key features
IN THE KITCHENS
• Howdens Greenwich kitchen units in Marine Blue with Natural Oak
• Marble effect 38mm worktop
• Drayton sink with Rienza mixer tap
• Lamona stainless steel single fan oven
• Lamona stainless steel extractor
• Lamona integrated black ceramic hob
IN THE BATHROOMS
• Bath with shower over bath
• Mixer taps
• Shower screen
• Chrome electric heated towel rail
• Marble effect ceramic tiles by Terra Vecchia
• Pendant lights
GENERAL FEATURES
• Two parking spaces
• Fibre to the property
• Air source heat pump
• Carpets to the habitable rooms
• Vinyl to the kitchen and bathrooms
• Front and rear external lighting
• Private rear garden
• 10-year Build Zone warranty
Particulars
Council Tax Band: New build - TBC
EPC Rating: B
Tenure: Leasehold
Lease Length: 999 years
All Enquiries- All enquiries received by The Mather Partnership will be forwarded onto Coastline Housing's Shared Ownership department to be dealt with. We will forward all of your details that you provide to us. Alternatively, please contact Coastline direct see photograph labelled "contact info".
Anti Money Laundering Regulations – Purchasers- It is a legal requirement that we receive verified ID from all buyers before a sale can be instructed. We will inform you of the process once your offer has been accepted.
Proof of Finances- Before agreeing a sale, we will require proof of your financial ability to purchase. We will inform you of what we require prior to agreeing a sale.
Broadband & Mobile Phone Coverage- To check the broadband coverage for this property please visit check mobile phone coverage please visit
