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12 Rew an Margh, Newquay

Shared ownership

Rew an Margh, Newquay, TR8 4RA

For sale
Shared ownership
Photo of 12 Rew an Margh, Newquay
Live from space album cover

from

£141,000

with min. deposit

£7,050

60% Share from
£141,000
Full market price
£235,000
Minimum deposit
£7,050
Monthly rent
£200.53
Monthly service charge
£10.08

2 bedroom semi-detached house

Features

Allocated parking

Pets allowed

Private Garden

Bedrooms2
Bathrooms1
Reception rooms1
Number of floors2
Entrance floorGround floor
Tenureleasehold
Lease years121
EER Current83
EER Potential95
Key Information Document

from

£141,000

with min. deposit

£7,050

60% Share from
£141,000
Full market price
£235,000
Minimum deposit
£7,050
Monthly rent
£200.53
Monthly service charge
£10.08
Aster

Aster

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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