Gilbury Hill, Lostwithiel £120,000

Gilbury Hill is a modern cul-de-sac development by 'Wycliffe Estates Ltd', boasting an elevated position on the upper reaches of the town but only a short walk from the centre. Lostwithiel is steeped in history and renowned for its vibrant community, offering a good range of amenities including a variety of shops, cafes, restaurants, public houses, professional services, two primary schools, dentist and health centre. There is also a main line train station on the Penzance to London line and a purpose-built community centre.

The main doors open to a communal entrance hall with a short flight of stairs rising to the upper floor landing. The entrance door to No.6 is on the right-hand side.

Built-in airing cupboard enclosing the hot water storage cylinder, shelving and controls for the underfloor heating. Separate built-in cupboard enclosing the electric consumer unit and shelving. Telephone intercom entry system. Access to loft space (With pull down ladder, half boarded for storage and light connected). Doors to all rooms.

uPVC double glazed french doors and windows to rear elevation with superb views over the town. Laminate floor. Air conditioning unit (Cooling and heating). The kitchen features a modern range of wall, base, and drawer units with rolled edge worktops. Inset stainless steel sink and drainer with mixer tap. Built-in single electric oven with four ring hob above and stainless steel extractor over. Part tiled walls. Space and plumbing for dishwasher and washing machine. Space for tumble dryer. Space for fridge/freezer. Breakfast bar. uPVC double glazed door opening to:-

Laid with paving slabs. Glass balustrade. Air source heat pump. Superb views over the town.

uPVC double glazed french doors to front elevation. Laminate floor. Air conditioning unit (Cooling and heating).

uPVC double glazed window to side elevation. Laminate floor. Air conditioning unit (Cooling and heating).

Modern suite comprising:- Large shower cubicle, white low level W.C and pedestal wash hand basin. Chrome heated towel rail. Part tiled walls. Extractor fan. Laminate floor. Shaver socket. Obscure uPVC double glazed window to front elevation.

Allocated parking space to the front of the property. Communal gardens to the rear.

Leasehold - 986 years remaining on the lease.

Currently £1074 a year, which is payable to Silverkey Property Management.

This Section 106 discounted property is being offered at £120,000 which represents 50% of the full market value. We would be looking to prioritise someone with an Area Local Connection to Lostwithiel. Please note that local connection exemptions apply to applicants who are subject to the Armed Forces Covenant, Care Leavers under the age of 25 and/or Victims of Domestic Abuse: • Current residency/permanent employment of 16+ hours per week for 3+ years. OR • Former residency of 5+ years. OR • Close family member (Mother/Father/Sister/Brother/Son/Daughter) where that family member has lived in the parish for 5+ years. After 14 days of marketing we can consider those who have a local connection to the adjoining parishes of St Winnow, Lanhydrock, St Sampson and St Veep. After 28 days of marketing we can consider those with a Local Connection to Cornwall (i.e. all other parishes/towns outside of the primary and secondary areas) – please ask us for details.

In addition the applicant will need to: • Be in Housing Need – i.e. living with family/renting and otherwise unable to afford a home on the open market. • Have a maximum household income of £80,000. • Have a minimum 5% deposit (Lender dependent with relevant AIP). • Have a recent AIP from a S106 lender (Nationwide/Halifax/Leeds/Santander/TSB/Skipton being the main ones we are aware of). • Have viewed and offered on the property.

Cornwall Council. Tax Band 'A'.

Heading into Lostwithiel from the west on the A390, continue to the bottom of the main hill and turn right into Castle Hill. Proceed for approximately quarter of a mile until the entrance for 'Gilbury Hill' is identified on the left-hand side. Continue until Tangiers House is identified on the left.