Affordable first-step apartment with parking and low upkeep.
- Shared ownership: 40% purchase; monthly payment £277 includes rent and charges
- Lease remaining approximately 80 years — may hinder mortgage approval
- Annual service charge circa £3,324
- One double bedroom, open-plan lounge/diner, compact modern kitchen
- Allocated off-street parking and communal garden areas
- Gas central heating and UPVC double glazing throughout
- Approx 453 sq ft; first-floor tucked-away position with pleasant views
- Sale restricted to buyers with local connection and affordable housing eligibility
This one-bedroom first-floor apartment offers a low-maintenance starter home or buy-to-let on the eastern side of St Austell. Set in a modern development, the home feels light and airy with a bright living/dining room, fitted kitchen, gas central heating and UPVC double glazing throughout. The property includes an allocated parking space and communal garden areas, plus pleasant views from the first-floor aspect.
The property is sold on a shared-ownership basis (40% ownership) with a current monthly payment of £277 to the housing provider covering rent on the retained share, service charge and buildings insurance. Annual service charge runs at about £3,324. The apartment totals approximately 453 sq ft and has useful internal storage and a straightforward layout ideal for a single occupant or couple.
Important tenure and eligibility points: the lease has roughly 80 years remaining and this may restrict mortgage options or require specialist lending. The sale is restricted to those who meet local connection and affordable-housing criteria, which may narrow the pool of buyers. Buyers should investigate lender acceptability and the process for staircasing more equity if desired.
Overall this is an affordable, low-upkeep home in a pleasant residential part of St Austell, suitable for first-time buyers seeking an entry point or investors after a managed tenancy. Be aware of the shared-ownership conditions, service charge level and remaining lease term before viewing.
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