Kit Hill View, Launceston £108,500

A well presented two bedroom freehold coach house featuring a garage and further parking situated in a popular residential location in a tucked away location. The property is marketed at 70% of its open market value under a section 106 agreement and as such can only be purchased by a buyer with a local connection to Launceston.

You enter into a hallway with stairs to the first floor. A door off the ground floor way open into the single garage which is a good size and has an understairs storage cupboard. On the first floor is an open plan sitting & dining room. The kitchen area has a range of modern eye and base level units leaving space for appliances. The master bedroom is front aspect and is a good size double leaving space for furniture plus a built in storage cupboard. Bedroom 2 is side aspect single bedroom or potential study. The bathroom has been updated with a matching 3 piece suite.

The property is being offered for sale at 70% of its open market value. There is a local eligibility criteria that says a purchaser must be able to meet, 3 years + residency or 3 years permanent employment 16 hours + per week or Former residency first 10 of 16 years of life or close family connection where that family member has lived for 5 + years (Mum/Dad/Son/Daughter/Brother/Sister).

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 10% deposit (or 5% with relevant AIP), have a recent AIP from a s.106 lender.

Entrance Hallway

Living Room (5.38 x 3.27 (17'7" x 10'8"))

Kitchen (2.59 x 1.95 (8'5" x 6'4"))

Bedroom 1 (3.73 shortening to 2.69 x 3.15 (12'2" shortening t)

Bedroom 2 (2.69 x 1.95 (8'9" x 6'4"))

Bathroom (2.17m x 1.72m (7'1" x 5'7"))

Single Garage (5.18 x 2.49 (16'11" x 8'2"))

Services
Mains Electricity, Gas, Water & Drainage.
Council Tax Band A.
Gas Central Heating.

Agents Note:
The other garages are leasehold to the neighbouring properties.

The vendor has informed us that there is a maintenance charge of £126.50 per annum.