£132,000
3 bed semi-detached house for saleBarrabill Way, Launceston, Cornwall PL15
3 beds
1 bath
1 reception
EPC Rating: B
Just added
Shared ownership
Leasehold
About this property
***shared ownership***
Situated in a popular residential development, this modern three-bedroom semi-detached home was built in 2021 and benefits from the remainder of its NHBC warranty, with approximately five years remaining. Offered on a 50% shared ownership basis, this property presents an excellent opportunity for first-time buyers and growing families alike. There is also the option to purchase up to 100% ownership, subject to the Housing Association's staircasing process.
The accommodation comprises a bright and spacious living room, a modern kitchen/dining room ideal for everyday family life, and a convenient downstairs WC. Upstairs, there are two double bedrooms and a single bedroom, together with a contemporary family bathroom.
Externally, the property enjoys an enclosed rear garden, perfect for relaxing or entertaining, along with two allocated parking spaces.
The property is held on a lease with approximately 120 years remaining. The current monthly charge of £333.94 includes rent on the remaining share, service charge and building insurance.
Full Market Value: £264,000
50% Share Price: £132,000
Monthly Rent, Service Charge & Buildings Insurance: £333.94 pcm
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Situated in a popular residential development, this modern three-bedroom semi-detached home was built in 2021 and benefits from the remainder of its NHBC warranty, with approximately five years remaining. Offered on a 50% shared ownership basis, this property presents an excellent opportunity for first-time buyers and growing families alike. There is also the option to purchase up to 100% ownership, subject to the Housing Association's staircasing process.
The accommodation comprises a bright and spacious living room, a modern kitchen/dining room ideal for everyday family life, and a convenient downstairs WC. Upstairs, there are two double bedrooms and a single bedroom, together with a contemporary family bathroom.
Externally, the property enjoys an enclosed rear garden, perfect for relaxing or entertaining, along with two allocated parking spaces.
The property is held on a lease with approximately 120 years remaining. The current monthly charge of £333.94 includes rent on the remaining share, service charge and building insurance.
Full Market Value: £264,000
50% Share Price: £132,000
Monthly Rent, Service Charge & Buildings Insurance: £333.94 pcm
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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Monthly repayment
£660 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (119 years)
Service charge
Council tax band
C
Ground rent
Ground rent date of next review



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