The Yard, Lostwithiel

SITUATION

The Yard is a modern cul-de-sac development by Wombwell Homes, conveniently situated on the level in the heart of the town and a short walk from the River Fowey. Lostwithiel is steeped in history and renowned for its vibrant community, offering a good range of amenities including a variety of shops, cafes, restaurants, public houses, professional services, two primary schools, dentist and health centre. There is also a main line train station on the Penzance to London line and a purpose-built community centre.

ACCOMMODATION (All sizes approximate):-

Covered Entrance

Front entrance door opening into:-

Open Plan Lounge/Kitchen/Diner

Lounge Area

13' 11'' x 13' 5'' (4.24m x 4.09m)

Full height window and sliding patio door opening to the front. Master telephone socket. TV aerial and telephone points. Wide opening to:-

Kitchen/Diner

11' 11'' x 11' 1'' (3.62m x 3.37m)

Featuring a modern range of cream fronted shaker style wall, base, and drawer units with rolled edge worktops. Inset one and a half bowl stainless steel sink and drainer with mixer tap. Built-in Zanussi fan assisted electric oven with inset four ring electric hob above and extractor over. Integrated fridge/freezer and dishwasher. Doors to bedrooms and bathroom. Door to:-

Utility Room/Cloakroom

6' 2'' x 4' 11'' (1.88m x 1.51m)

White low level W.C. Rolled edge worktop with inset stainless steel circular sink and mixer tap. Cupboard below. Space and plumbing for washing machine. Extractor fan. Electricity consumer unit.

Bathroom

6' 1'' x 5' 10'' (1.86m x 1.77m)

White suite comprising:- Panelled bath with mixer shower and side screen, low level W.C and pedestal wash hand basin. Part tiled walls. Tiled floor. Chrome wall mounted heated towel rail. Extractor fan. Shaver light and socket.

Bedroom One

11' 2'' x 9' 9'' (3.40m x 2.98m)

Full height window and door opening to the rear garden.

Bedroom Two

11' 2'' x 8' 2'' (3.40m x 2.48m)

Full height window and door opening to the rear garden. Cupboard housing a gas fired combination boiler.

OUTSIDE

Allocated parking space for one vehicle in the designated parking area. The property is accessed to the front via a footpath and a shared pathway. To the rear is a small enclosed garden laid to lawn and patio with a pedestrian gate for rear access.

TENURE

Leasehold with the remainder of a 999 year lease from new.

SERVICE CHARGE

Currently £155 a month (£1860 a year), which is payable to Belmont Property Management. There is also an annual Ground Rent of £120.

SECTION 106 ELIGIBILITY

This Section 106 discounted apartment is being offered at £138,000 which represents 60% of the full market value.

We would be looking to prioritise someone with an Area Local Connection to Lostwithiel.

• 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).

• Been a resident for at least 10 out of the first 16 years of their life.

OR

• Born in the parish.

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. Please note that local connection exemptions apply to applicants who are subject to the Armed Forces Covenant, Care Leavers under the age of 25 and/or Victims of Domestic Abuse should the local connection cascade to Cornwall be triggered.

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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 S106 lender (Nationwide/Halifax/Leeds/Santander/TSB/Skipton being the main ones we are aware of).

• Have viewed and offered on the property.

COUNCIL TAX

Cornwall Council. Tax Band 'B'.

DIRECTIONS

Proceed through Fore Street in Lostwithiel and turn right at the T-junction over the Tudor bridge. Continue over the level crossing onto Grenville Road and take the next left into The Yard. Continue and follow the road around to the right. No.21 is then located on the right-hand side just below the allocated parking area.