Summary - 1 STANNUM TERRACE, FORDH AN BAL, REDRUTH, POOL TR15 3FQ
2 bed 1 bath Flat
Affordable 50% shared‑ownership two-bed with garden and parking in Heartlands, ideal for first-time buyers..
50% shared ownership — 50% share price £78,750
Open-plan lounge/kitchen with four windows
Two double bedrooms; family bathroom
Enclosed garden plus allocated off-street parking
EPC B (83), built 2017; 93 years remaining on lease
Monthly service charge £336.08 (annual c. £4,032.96)
Estimated rent £173.32 pcm on remaining share
Very slow broadband and local high crime rates
This modern ground-floor two-bedroom flat is offered as a 50% shared ownership opportunity in the Heartlands development (built 2017). The open-plan lounge/kitchen benefits from four windows and contemporary kitchen units; both bedrooms are doubles and the property includes an enclosed garden and allocated off-street parking. Council Tax is band A, and the EPC is B (83).
Shared ownership keeps the upfront cost low — the 50% share is £78,750 with an estimated rent of £173.32 pcm and a monthly service charge of £336.08 (annual service charge c. £4,032.96). The lease has 93 years remaining. Applicants must meet local connection eligibility criteria for the scheme; priority is given to those with a connection to the Carn Brea parish.
Practical considerations: broadband speeds in the area are very slow and local crime levels are high, which may concern some buyers. The area is classified as very deprived, but the property sits in a well-built modern development, has mains gas heating via boiler and radiators, and benefits from excellent mobile signal. This is a realistic, budget-friendly route onto the property ladder for buyers who meet the shared ownership criteria and accept the ongoing service charge and scheme restrictions.
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