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3 bedroom semi-detached house for sale
Shared Ownership Property In St Ives
£175,500
Shared Ownership Property In St Ives
£175,500
Our Summary
- The local connection requirements are outlined within a planning documents issued by Cornwall Council called a “Section 106 Agreement” which is unique to each development and subsequently to each home that is re-sold
- To meet the local connection criteria for this property, you will need to meet one of the following: a)Lived in one of the parishes mentioned above for a continuous period of at least 3 years immediately prior to advertising;b)Formerly lived within one of the parishes mentioned for a continuous period of 5 years;c)Your place of work (16 hours or more a week and not including seasonal employment) has been within one of the Parishes mentioned for a period of at least 3 years prior to advertising; d)Have a connection through a close family member (mother, father, brother, sister, son or daughter) where the family member is currently a resident of one of the parishes mentioned and has been so for a continuous period of at least 5 years prior to advertising and where there is evidence that the family member is in need of support or can give support
Description
This 3-bedroom semi-detached house is located in St Ives and is available for sale through a shared ownership scheme. The property features a ground floor with an entrance hallway, living room, kitchen diner, cloakroom, and storage cupboard, while the first floor has a landing with three bedrooms, a family bathroom, and storage cupboard. The exterior includes a small patioed area to the front and an enclosed rear garden with a patio and lawn. The property is leasehold with a 87-year lease and requires a minimum share purchase of £175,500 (65%). The buyer must also meet local connection criteria, which includes having lived or worked in the area for a certain period or having a family member who is a resident. The monthly costs include a service charge, buildings insurance, and rent.