An opportunity to acquire this well presented 3 bedroom detached bungalow situated within a residential development on the outskirts of Bude town centre. Offered to the market on a shared ownership basis, the property provides comfortable and well proportioned accommodation throughout, benefiting from an enclosed rear garden and allocated off-road parking. The residence would appeal to a range of purchasers seeking an affordable home within easy reach of local amenities, schools and the North Cornish coastline. Available with the remainder of a 79 year lease and subject to a Section 106 Local Connection Requirement.
The accommodation briefly comprises an entrance hall leading through to a bright and spacious living room with direct access onto the rear garden. The kitchen is fitted with a range of matching wall and base mounted units with integrated oven, hob and extractor over, providing ample space for dining. There are 3 bedrooms together with a generous wet room style shower room designed for accessibility and ease of use.
Externally, the property benefits from allocated off-road parking to the front together with a low maintenance enclosed rear garden laid principally to patio and artificial lawn, providing a private space ideal for outdoor dining and entertaining. A useful timber storage shed is positioned to the side of the property. EPC C. Council Tax Band C.
- Entrance Hall
- 5.16m x 1.32m (16'11" x 4'4")
- Kitchen
- 3.8m x 3.6m (12'6" x 11'10")
- Living Room
- 4.1m x 3.58m (13'5" x 11'9")
- Bedroom 1
- 3.58m x 3m (11'9" x 9'10")
- Bedroom 2
- 2.97m x 2.77m (9'9" x 9'1")
- Bedroom 3
- 2.97m x 2.29m (9'9" x 7'6")
- Bathroom
- 2.62m x 1.96m (8'7" x 6'5")
- Outside
- Off road parking space to front with slope access leading to the front door. The rear garden is fully enclosed and designed for ease of maintenance, being laid principally to patio and artificial lawn with a gravelled seating area. The garden provides an ideal space for al fresco dining and entertaining whilst also benefiting from a useful timber storage shed positioned to the side.
- Tenure
- • Full Market Value: £260,000 • Share Being Sold: 50% • Share Price: £130,000 Monthly Costs: • Rent: £388.37 PCM • Service Charge: £21.67 PCM • Building Insurance: £11.82 PCM Please note there are currently 79 years remaining on the 99 year Lease. All mortgage lenders must be made aware of this, as it may impact their lending criteria. Once the property is purchased, the Lease provides the right to staircase to 100% ownership, at which point the Freehold can be acquired.
- Agents Notes
- Section 106 – Local Connection Requirements Please see below the Section 106 local connection criteria applicable to this property. A local connection, in this instance, is defined as having a connection to one of the following parishes: Bude Stratton, Marhamchurch, Launcells, Kilkhampton, Poundstock, Morwenstow, Whitstone, Week St Mary, Jacobstow, or St Gennys. An applicant must meet one of the following criteria: a) Being permanently resident within one of the above parishes for a continuous period of five (5) years; or b) Having their place of work within one of the above parishes for a continuous period of five (5) years (normally regarded as 16 hours or more per week and excluding seasonal employment); or c) Having a local connection through a close family member (normally mother, father, brother, sister, son, or daughter), where that family member is currently resident within one of the above parishes and has been so for a continuous period of at least five (5) years prior to the applicant being made homeless under the Housing Act 1996. Application Process Any purchasers that wish to proceed will have to go through an application process with Westward housing and affordability checks. Rental Terms Please note that this property cannot be sublet or rented out.
- EPC
- Rating C
- Council Tax
- Band C
- Services
- Mains gas, electric, water and drainage.
- Anti Money Laundering
- Before any sale is formally agreed, we have a legal obligation under the Money Laundering regulations and Terrorist Financing Act 2017 to obtain proof of your identity and of your address, take copies and retain on file for five years and will only be used for this purpose. We carry out this through a secure platform to protect your data. Each purchaser will be required to pay £20 upon an offer verbally being agreed to carry out these checks prior to the property being advertised as sale agreed.
