Barrabill Way, Launceston, Cornwall, PL15 Property for sale

***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.