40% shared-ownership two-bed with garden and allocated parking in St Ives.
- 40% shared ownership; monthly rent payable on remaining share
- Local-connection and income eligibility required (household income under £80,000)
- Approx. 81 years remaining on the lease; extension in progress
- Private rear garden with sea glimpses and timber storage shed
- Allocated off-street parking space beside property
- Two double bedrooms and generous living room, ground-floor flat
- EPC B, gas central heating, double glazing (modern, efficient)
- Combined monthly service charge and costs are modest but ongoing
A practical first-step buy in St Ives, this ground-floor two-bedroom shared ownership flat offers comfortable living and a private rear garden with occasional sea glimpses. The accommodation includes two double bedrooms, a generous living room and a kitchen/dining area that opens to the enclosed garden, making it easy to imagine relaxed indoor-outdoor living. EPC B and gas central heating indicate reasonable running costs for the area.
This is a 40% shared ownership unit, so purchasers buy a 40% share and pay a monthly rent on the remainder; combined monthly costs listed include rent (£268.41) and modest service charges (about £42.79/month excluding rent). The lease is in the process of being extended; expect approximately 81 years remaining at completion. Buyers must meet local connection and income qualifying criteria (gross household income under £80,000) which restrict resale to eligible purchasers.
Practical positives include an allocated off-street parking space, low local crime, fast broadband and excellent mobile signal. The flat is well placed for local amenities and schools and suits a local first-time buyer or someone looking to downsize who meets the shared-ownership eligibility. Drawbacks to note: shared-ownership restrictions, ongoing lease-management details, and monthly rent costs in addition to mortgage and service charges.
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