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£175,672

2 bed flat for sale
Pentire Crescent, Newquay TR7

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: B

  • Leasehold

Mo Move Newquay

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About this property

  • Section 106 discounted home

  • Two double bedrooms, one ensuite

  • Southerly facing sun terrace

  • Allocated parking

  • 999 year lease new in 2012

  • Easy walking distance to fistral beach and the river gannel

  • Rare opportunity

A rare opportunity to purchase A two double bedroom discounted section 106 apartment in the highly desirable pentire area of newquay. This property is well proportioned with the added benefit of A southerly facing terrace and allocated parking.

Located in one of Newquay's most desirable locations sandwiched between the River Gannel and Fistral Beach this two double bedroom ground floor apartment provides a rare and unique opportunity for local first time buyers to make their first step onto the property ladder.

The accommodation is light, bright and airy and is decorated in a contemporary style.

A hallway guides you into the living area which is open plan to the kitchen. The white gloss kitchen has a good range of units and an integrated dish washer, washer dryer and fridge freezer. Off from the lounge, you will find a southerly facing sun terrace enjoying all day sun.

Both double bedrooms are a generous size with built in storage, the largest has the benefit on an en suite shower room.

Off from the hallway, the partly tiled bathroom has a bath with shower over.

Externally, there is a communal bin store and an allocated parking space.

The ground rent is £194.50 per annum and the service charge is £834.31 annually

Eligibility
We give preference to those with a local connection within 10 mile radius of the property however we can also consider those with a Cornwall connection if no applicants come forward after a period of 2 weeks that meet the 10 mile radius from advertising:

12 months + residency
Or

Permanent employment 16 hours + per week
Or

Former residency of 5 + years
Or

Close family connection where that family member has lived for 5 + years (Mum/Dad/Son/Daughter/Brother/Sister)
Or

Born in the area
Or

Grew up for the first 10 years of their life in the area

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

From 1 February 2021, the Council charge a non refundable Section 106 eligibility assessment fee of £150. This fee recovers the cost of assessing whether someone is eligible to buy an affordable home. This is in accordance with the Section 106 agreement relating to the property. The fee will be need to be paid by the person buying the property before we authorise the purchase. The fee is not required to be paid upfront and will be requested by the buyer when their solicitors are appointed.

Hallway (3.61m x 2.97m (11'10 x 9'9))

Bedroom 1 (2.87m x 2.82m (9'5 x 9'3))

En Suite (2.44m x 1.27m (8'0 x 4'2))

Bedroom 2 (3.12m x 2.77m (10'3 x 9'1))

Bathroom (2.18m x 1.65m (7'2 x 5'5))

Kitchen (2.77m x 2.03m (9'1 x 6'8))

Lounge Diner (4.88m x 3.86m (16'0 x 12'8))

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More information

  • Tenure

    Leasehold (991 years)

  • Service charge

    £834 per year

  • Council tax band

    C

  • Ground rent

    £195

  • Ground rent date of next review

See all recent sales in TR7

Property descriptions and related information displayed on this page are marketing materials provided by - Mo Move Newquay. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Mo Move Newquay for full details and further information.