* Leasehold
* No onward chain
* Shared ownership
* Two and three bedroom houses
* Section 106 restrictions apply
* Penwinnick road st agnes
* Enquire with ocean housing
* New homes build certificate guarantee
Welcome to Penwinnick Road.
Six brand new Shared Ownership homes, in the village of St Agnes.
Prices start from £130, 000
Local homes for local people.
Surrounded by picturesque beaches and local businesses.
4 x 2 Bedroom Houses & 2 x 3 Bedroom Houses.
**Penwinnick Road**
Welcome to Penwinnick Road.
Six brand new Shared Ownership homes, in the village of St Agnes.
Prices start from £130, 000
Local homes for local people.
Surrounded by picturesque beaches and local businesses.
4 x 2 Bedroom Houses & 2 x 3 Bedroom Houses.
**Location**
Located in the thriving village of St Agnes on Cornwall’s North Coast, you'll
be surrounded by picturesque beaches and a variety of local amenities,
including independent shops, businesses and restaurants, as well as a number
of schools. A perfect location for outdoor enthusiasts with a stunning
backdrop for a host of activities such as walking, kayaking and horse riding.
With easy access to the A30, you'll be well - connected to wider Cornwall,
making commuting and travel throughout the County, hassle - free. If you're
looking for an affordable way to own a new home in the heart of Cornwall, our
shared ownership homes at Penwinnick Road may be the perfect solution.
**Shared Ownership**
Shared ownership offers you another way to buy your own home. You'll buy an
initial share, usually between 25% and 75%, of the homes value, and pay an
affordable rent to Ocean Housing on the remainder. Later, you can then choose
to buy further shares in your home, and in most cases work towards 100%
ownership. If your household earns £80, 000 or less a year, you are a first -
time buyer, you once owned a home but cannot afford to buy one now or are a
current shared owner looking to move - up the property ladder, then shared
ownership could be the answer you're looking for. S106 restrictions apply.
Shared Ownership homes are sold as leasehold.
Maximum Staircasing is scheme specific -
*100% ownership may not be achievable on all developments.
As the shared owner, you will be responsible for maintenance and repairs to
your home.
**Share Example**
Example Share:
Full Market Value: £325, 000
Example Share: 40%
Example Share Value: £130, 000
Example Rent (pcm): £406. 25
Example Service Charge: £23. 08
(Please see brochure for plot specific pricing. )
* Service Charge to be confirmed. Figures above are an for illustration purposes only. Guidance figures for rent are per calendar month. The share level given is for guidance only. Further share options are available. Additional information regarding share options and how affordability is assessed will be provided on enquiry. A Service Charge is payable (the monthly payment is still to be announced). Rent and Service Charges are subject to change and are reviewed annually. As a regulatory requirement, we undertake regular re - valuations of all our new - build plots. If an increase in value is identified then we may be legally obliged to increase the sales values from those initially released.
**106 Restrictions**
To be eligible for one of our homes, applicants must be able to demonstrate a
local connection to the Village of St Agnes in the first instance.
Applications not meeting the required local connection criteria will not be
considered.
- Have been a permanent resident in the area for at least 3 years immediately prior to application.
- Have formerly been a permanent resident in the area for a continuous period of at least 5 years.
- Be in full time, permanent employment (not on a seasonal basis) within the area for at least 3 years immediately prior to advert.
- Have a close family member (mother, father, brother, sister, son or daughter) who is currently a resident of the area and has been for at least 5 years immediately prior to advert and where there is independent evidence that the family member is in need of, or can give support on an ongoing basis.
**All Enquiries**
To find out more about how to register your interest, contact our Home
Ownership team on or .
All CGI images are for illustrative purposes only and should not be relied
upon. These are subject to change and may not be accurate.

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