This well presented, light and airy purpose built apartment has been owned by our client since it was bought new from renowned regional developers Wain Homes during 2011. This particular property is classed as a Section 106 Discounted Market Sale and is for occupation under a Cornwall County local area connection. The purchase price is based on 70% of the full market value with no rent to pay on the remaining 30% equity which is retained by Wain Homes on a perpetual basis.
This immaculate, well presented ground floor flat offers spacious light and airy accommodation. A security entry system is in place from the communal entrance door which is linked to all six flats in the block of similar homes. The shared hallways and stairs are kept clean and tidy. Number 49 offers an open plan living area which includes ample space for a suite of furniture and a dining table and chairs and an electric fire and surround make an interesting feature in this room. The kitchen area is furnished with a range of storage units leaving space under the rolled top working surface for a washing machine and plenty of room for a free standing fridge/freezer and electric cooker.
The two bedrooms are both large enough for a double bed. The generous master bedroom affords an en-suite shower room with double size shower cubicle. The family bathroom has a white modern panelled bath with matching wash basin and WC. Heating is provided by mains gas central heating and the home is double glazed.
An allocated parking space is found within the communal car park at the rear of the building.
The property is conveniently situated within a popular edge of town development approximately one mile from the heart of the town centre which boasts a range of shopping, educational, commercial and recreational facilities. Closer to hand is the Tesco Superstore and on Hurdon Road the Launceston Retail Park. The town lies adjacent to the A30 dual carriageway giving access to Truro and West Cornwall in one direction and Exeter and beyond in the opposite direction.
AGENTS NOTE The property is a Section 106 Discounted Market Sale and can be purchased by a suitable applicant for a Council approved figure of £99,400 which represents 70% of the full market value (£142,000). Interested parties should contact us to enquire about eligibility and the onward process. From the Town Square proceed into Southgate Street and through the Southgate Arch. Follow the road around to the left into Exeter Street passing the Newmarket Inn on the right hand side and at the forthcoming junction turn right into Tavistock Road. Continue straight ahead the two mini-roundabouts passing Launceston College on the right hand side. Continue along this road heading over the bridge and at the traffic lights take the left hand turn into the development (Kit Hill View). Upon entering the development turn right and where the road splits No. 49 will be identified straight ahead marked with a Webbers For Sale Board.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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