* Leasehold
* Shared Ownership
* Coastline Housing
Shared Ownership Via Coastline Housing
Summary
11 Hendra Close is for sale for a £130, 000 for a 52% share, the successful
applicant will be able to purchase additional shares if it is affordable to do
so.
**Description**
Shared ownership via Coastline Housing
11 Hendra Close does not have a local connection requirements therefor,
applications will be processed in a first - come, first - served basis. Before
applying for a shared ownership home, please sure you have read all of the
shared ownership guides that can be found on Coastline's website.
**Shared Ownership**
Open market value: £250, 000
Minimum share: £130, 000 (50%)
Rent pcm: £240. 44
Monthly service charge: £0. 04
**Summary**
11 Hendra Close is for sale for a £130, 000 for a 52% share, the successful
applicant will be able to purchase additional shares if it is affordable to do
so.
The property falls within the council tax band 'B' and has 89 years remaining
on the lease term. 11 Hendra Close hosts a ground source heating system, off -
road parking and enclosed front and rear gardens with 2 reception rooms!
The village benefits from a range of basic everyday amenities and facilities
including a public house, convenience store and primary school. However, a
full range of amenities and facilities can be found in either of the nearby
towns of Redruth or Falmouth. The location benefits from reasonable road
traffic links being conveniently positioned between Falmouth, Helston, Redruth
and Camborne.
As the property is within a Designated Protected Area staircasing is
restricted to 80%, the lease of the home includes Buyback provisions this
means that if you have staircased past 80%, when you choose to sell your
share, Coastline (or a nominated Housing Association) must buy it back at the
current market value at that time. The value will be determined by an
independent RICS qualified surveyor. This is to ensure that the home is
retained as an affordable home for the future where there is limited scope to
build more affordable homes. For more information on Designated Protected Area
and what it means for 11 Hendra Close, please see page 8 of our Frequently
Asked Questions guide.
The accommodation may be briefly summarised as follows:
Ground floor – open entrance porch, hallway, dining room (3. 02 m x 3. 56 m),
living room (3. 58 m x 4. 42 m – maximum), kitchen (3. 54 m x 1. 92 m) leading to
walk in pantry.
First floor – landing, bathroom/WC (1. 97 m x 1. 63 m), right bedroom (3. 58 m x
3. 01 m), front left bedroom (4. 32 m x 3. 96 m – maximum) and rear left bedroom
(2. 43 m x 2. 67 m).
Outside – gardens to the front, side and rear of the property. Off road
parking to the frontage. Two external stores and WC formed within the
footprint of the building but accessed externally only.
The gross external floor area of the building is 106m2 approx.
Particulars
Tenure: Leasehold
Council Tax Band: B

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