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Shared ownership
Leasehold

£78,750

2 bed flat for sale

Fordh An Bal, Pool, Redruth TR15
2 beds
1 bath
1 reception
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£78,750

2 bed flat for sale
Fordh An Bal, Pool, Redruth TR15

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: B

Shared ownership
Leasehold
Added on 09/04/2025

About this property

  • 2 bed flat

  • Shared ownership

  • Council tax band- A

  • EPC- 83- B

  • Leasehold

This modern ground-floor shared ownership property is available for a 50% share at £78,750. Located in the heart of Pool as part of the Heartlands development from 2017, the property is eight years old with 93 years remaining on the lease.
Inside, from the communal entrance hallway, you will find two useful storage cupboards on the hallway's left-hand side, with the family bathroom located at the end. On the left as you enter the property is the open-plan lounge and kitchen / dining room. This open plan space has four windows to illuminate the space with natural light. The kitchen units are finished in the Minoco range by Moores in warm grey, with a Tippo white worktop and distressed oak vinyl flooring. On the right of the hall are the two bedrooms, both doubles.
The property also benefits from allocated parking and has an enclosed garden.

Asking Price- £78,750

Price And Costs

1 Stannum Terrace Estimated Costs
Open market value: £157,500
Minimum share: £78,750
Rent pcm: £173.32
Monthly Service Charge: £336.08

Eligibility

To meet the local connection criteria for this scheme, you will need to meet one of the following:

A) Lived in the County of Cornwall for a continuous period of at least 3 years immediately prior to advertising
b) Formerly lived within the County of Cornwall 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 the County of Cornwall for a period of at least 3 years immediately 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 the County of Cornwall and has been so for a continuous period of at least 5 years immediately prior to advertising.

*The local connection criteria does not apply if you are a serving or previously serving member of the regular armed forces or qualifying under any other clause of the Allocation of Housing (qualification criteria for armed forces) (England) regulations 2012.
**Priority will be given to applicants that hold a local connection to the parish of Carn Brea.

Lease Information

Lease Length: 93 Years

Tenure- Leasehold

All Enquiries

All enquiries received by The Mather Partnership will be forwarded onto Coastline Housing's Shared Ownership department to be dealt with. We will forward all of your details that you provide to us. Alternatively, please contact Coastline direct see photograph labelled "contact info".

Council Tax Band- A

Anti Money Laundering Regulations – Purchasers

It is a legal requirement that we receive verified id from all buyers before a sale can be instructed. We will inform you of the process once your offer has been accepted.

Proof Of Finances

Before agreeing a sale, we will require proof of your financial ability to purchase. We will inform you of what we require prior to agreeing a sale.

Broadband & Mobile Phone Coverage

To check the broadband coverage for this property please visit . To check mobile phone coverage please visit

More information

  • Tenure

    Leasehold (93 years)

  • Service charge

  • Council tax band

    A

  • Ground rent

  • Ground rent date of next review

  • Shared ownership percentage owned

    50%

  • Shared ownership rent

    £173 per month

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The Mather Partnership

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