2 bedroom end of terrace house for sale

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2 bedroom end of terrace house for sale

Park An Dreas, Veryan, Truro, Cornwall, TR2
£74,000

Our Summary

  • *SHARED OWNERSHIP* A two bedroom modern house requiring updating located in the popular village of Veryan on the outskirts of Truro
  • Requiring Modernisation

Description

This is a shared ownership opportunity for a modern two-bedroom house in the village of Veryan, on the outskirts of Truro. The property requires updating and is being sold with a 40% share, with the remaining 60% retained by the landlord. The share purchase price is £74,000, and the monthly rent is £254.80, which is calculated as 2.77% of the remaining share of the full market value. In addition to the rent, there is a monthly payment of £12.60 for services such as estate charge, buildings insurance, and management fee. To be eligible to buy the home, applicants must have a household income of £80,000 or less, and meet certain criteria regarding their financial situation and credit history. The property is being sold through a shared ownership scheme, which allows buyers to purchase a percentage of the property and rent the remaining percentage from the landlord.