Kit Hill View, Launceston Guide Price £73,500



An ideal first time purchase. This spacious apartment is located on popular residential development in Launceston. The purchase price is based on 70% of the full open market value with no rent to pay on the 30% equity which is retained by Wainhomes on a perpetual basis. Accommodation comprises: open plan kitchen/living room, good sized bedroom and modern bathroom. An allocated parking space can be found to the rear of the property. Launceston is an ancient town steeped in History with the imposing Launceston castle overlooking the town and surrounding area. Referred to as “the gateway to Cornwall” Launceston is centred one mile (1.6 km) west of the River Tamar, which constitutes almost the entire border between the Cornish peninsula and Devon. The A30 is ideally located on the fringe of Launceston connecting to the rest of Cornwall with great access to the beautiful Coastline whilst providing great access to Plymouth and Exeter and beyond. The town itself offers a variety of individual businesses from boutiques to fine food shops, blending with occasional national outlets including Tesco’s, WH Smith and Costa’s coffee. Local facilities include a leisure centre, medical facilities and well regarded primary and secondary schooling. Did you know? The very impressive Launceston Castle dates from Norman times. Before the 13th century AD Launceston used to be the capital of the Earldom of Cornwall. Launceston has given its name to other places in the world including Australia. Some people pronounce Launceston as it is spelt whereas some pronounce it like Lanson. The Cornish name is Lannstefan. Lannstefan is Cornish for Church of St Stephen.
Launceston PL15 9EF
Entrance Hall
Living Room
16' 0'' x 11' 0'' (4.87m x 3.35m)
Kitchen
11' 1'' x 7' 2'' (3.38m x 2.18m)
Bedroom
14' 6'' x 9' 11'' (4.42m x 3.02m)
Bathroom
8' 11'' x 7' 9'' (2.72m x 2.36m)
Outside
An allocated parking space is found within the communal car park at the rear of the building. There is also a private bin store located outside.
Services
Gas central heating, mains electricity, water and drainage and the property is fully double glazed.
Tenure
Leasehold. Remainder of a 999 year lease granted in 2011. Service charge and ground rent is £71.25 per month, payable to Blenheims Estate & Asset Management South West which includes the upkeep and maintenance of communal areas.
Agents Note
Subject to a 106 agreement. As the property is an affordable dwelling, any prospective tenants must work, be able to demonstrate a close family connection or have lived (in the past three years or for a continuous period of five years at sometime in the past) in the Locality (Parishes of St Thomas, Egloskerry, Launceston, Lewannick, St Stephens, South Petherwin and Trewen.) Any prospective purchaser who believes they can comply with the Section 106 Restriction will need to contact Help To Buy South West to validate their circumstances. They can be contacted by telephone on 03001 000021. Once successful registration has been completed then they will need to qualify for this particular property by quoting the address and purchase price of £73,500
Launceston PL15 9EF
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Launceston PL15 9EF
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