Affordable three-bedroom home with garden and parking in harbourside Mevagissey.
40% shared ownership; share price example £118,000
A bright three-bedroom semi-detached home in picturesque Mevagissey offered as 40% shared ownership, suited to a first-time buyer seeking an affordable route into the area. The house has a modern fitted kitchen, separate living room, enclosed rear garden and allocated off-street parking for two cars. Fast FTTP broadband and an air-source heat pump provide efficient connectivity and low-carbon heating.
Practical costs and restrictions are clear: the share example shows a 40% purchase price of £118,000 with an approximate monthly rent of £412.70 and a monthly service charge of £33.23. The lease has around 89 years remaining; buyers should confirm mortgageability and long-lease implications with a lender or solicitor. A Section 106 agreement applies, requiring a local connection to Cornwall (with some exemptions) and a full financial assessment to confirm eligibility.
The village location puts harbour-side amenities and a good primary school within easy reach, while St Austell is about six miles away for wider shopping and transport links. The property is best for buyers prioritising affordability and village living over owning 100% of the home immediately — staircasing up to 80% is possible if you plan to increase your ownership later.
Buyers are advised to review the verified material information and to commission standard pre-purchase checks (mortgage survey, building survey, and legal advice) to confirm the lease details and to check any long-term maintenance needs. The home offers a pragmatic, low-carbon step onto the property ladder in a sought-after Cornish village, provided you meet shared-ownership eligibility and accept the lease and s106 constraints.
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