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Gilbury Hill, Lostwithiel £97,500

Under Offer
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    Gilbury Hill
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  • SECTION 106 DISCOUNTED PROPERTY:- FOR LOCAL CONNECTION TO LOSTWITHIEL AND HOUSING NEED
  • SALE PRICE FIXED AT 50% OF THE FULL MARKET VALUE
  • CORNWALL COUNCIL WILL ASSESS ELIGIBILITY (APPLICATIONS TO BE RECEIVED BY 5PM ON FRIDAY 9TH APRIL)
  • EXISTING HOMEOWNERS WILL NOT BE CONSIDERED
  • 999 YEAR LEASE FROM NEW
  • MANAGEMENT/SERVICE CHARGE OF £66.27 A MONTH
  • BUILT BY 'WYCLIFFE ESTATES LTD' IN 2013


** APPLICATIONS TO BE RECEIVED BY CORNWALL COUNCIL BY 5PM ON FRIDAY 9TH APRIL! ** A stylish two bedroom middle floor apartment which is subject to a 'Section 106 Agreement' as a discounted sale for eligible buyers who meet the local connection and housing need criteria, located within an award winning development with glorious views overlooking the town.

Accommodation Comprises:- Entrance hall, open plan lounge/diner, kitchen, two bedrooms, bathroom, balcony, uPVC double glazing, underfloor heating (energy efficient air source heat pump system), allocated parking space and use of communal garden area.


Gilbury Hill
Lostwithiel PL22 0GJ
County: Cornwall
Sale Type: Under Offer
Ref #: CJL00550

SITUATION

Gilbury Hill is a modern cul-de-sac development by 'Wycliffe Estate Ltd', boasting an elevated position on the upper reaches of the town but only a short walk from the centre. Lostwithiel offers a good range of amenities which include a variety of shops, restaurants, public houses, professional services, dentist and health centre. There is a main line railway station on the Penzance to London line and a choice of two Primary schools. Secondary schools are available at nearby Fowey (7 miles) and Bodmin (5 miles). A purpose built community centre offers recreational/sporting facilities and is located next to the 'King George V playing field'.

ACCOMMODATION (All sizes approximate):-

Communal Entrance

Doors open to the communal entrance hall with a short flight of stairs descending to the middle floor landing. Entrance door to No.3 is on the left-hand side.

Entrance Hall

Telephone point. Built-in airing cupboard containing the hot water storage cylinder, shelving and controls for the underfloor heating. Separate built-in cloak cupboard enclosing the electric consumer unit. Telephone/intercom entry system. Doors to all rooms.

Open Plan Lounge/Diner

15' 11'' x 13' 4'' (4.86m x 4.06m) (L-shape maximums)

uPVC double glazed windows and french doors opening onto a balcony with glass balustrade, enjoying superb views over the town and surrounding countryside. uPVC double glazed window to side elevation. TV aerial/satellite points. Telephone point. Opening into:-

Kitchen

10' 2'' x 7' 8'' (3.09m x 2.34m)

Featuring a modern range of cream wall, base and drawer units with rolled edge worktops. Inset stainless steel sink and drainer unit with mixer tap. Tiled splashbacks. Built-in 'Lamona' electric oven with four ring induction hob above and stainless steel extractor over. Space and plumbing for a washing machine and dishwasher. Space for a free-standing fridge/freezer. Inset ceiling spotlights. uPVC double glazed window to front elevation. TV aerial and telephone points.

Bedroom One

12' 0'' x 11' 9'' (3.67m x 3.59m) (L-shape maximums)

uPVC double glazed window to rear elevation with superb views. TV aerial point.

Bedroom Two

9' 8'' x 8' 4'' (2.95m x 2.55m)

uPVC double glazed window to front elevation. TV aerial point.

Bathroom

9' 8'' x 5' 4'' (2.95m x 1.62m)

Modern white suite comprising:- Panelled bath with 'Triton' electric shower unit over, low level W.C and pedestal wash hand basin with tiled splashback. Part tiled walls. Shaver socket. Extractor fan. Inset ceiling spotlights. Obscure uPVC double glazed window to front elevation.

EXTERIOR

Allocated parking space to front and a large communal garden area to the rear.

SECTION 106 ELIGIBILITY

Under the terms of the 'Section 106 Agreement' this discounted affordable home is available at a Council approved figure of £97,500, which represents 50% of the full market value (£195,000). 'Local Connection to Lostwithiel' will apply through residency/permanent employment (16 + hours per week for 3 + years) or former residency (5 + years) or a close family member whereby that person has lived in the parish for 5 + years. Applicants must also be in housing need (I.e. living with family/renting and otherwise unable to afford a home on the open market). A minimum 15% deposit is required and a recent AIP (Agreement in Principle) from a S106 lender.

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Please note that Cornwall Council will be responsible for assessing the eligibility of applicants and will nominate a purchaser from the applications received within the first 2 weeks of advertising. The successful applicant will be required to pay a non-refundable S106 eligibility assessment fee of £150 when solicitors are appointed.

TENURE

The property is Leasehold with a 999 year lease from new.

COUNCIL TAX

Cornwall Council. Tax Band 'A'.

DIRECTIONS

Heading towards Lostwithiel from the west on the A390, continue to the bottom of the main hill into the town and turn right into Castle Hill. Proceed for approximately quarter of a mile until the entrance for 'Gilbury Hill' is located on the left-hand side. Keep going until you reach the two apartment blocks and Tangiers House is the block on the left-hand side.


Gilbury Hill
Lostwithiel PL22 0GJ
County: Cornwall
Sale Type: Under Offer
Ref #: CJL00550

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