Polmorla Road, Wadebridge, PL27 7FG

Property Details: - Type: Terraced house - Bedrooms: 2 - Bathrooms: 1

Agent: Cole Rayment & White - Wadebridge Phone: 01208 245966

<p>Forming part of this smart purpose built development is this very spacious 2 bedroom modern house subject to a 106 agreement restricting its resale value at 50% of the current open market. Leasehold. Council Tax Band B. EPC rating C.<br/><br/></p><p>2 Market Place is a light and spacious 2 bedroom modern house. It has the benefit of a section 106 planning agreement restricting its sale value to 50% of its current open market value and the property is considered ideal for those seeking an affordable home in the heart of Wadebridge town who fall into the appropriate criteria. Market Place is a small development of similar style housing situated just off the town at Polmorla Road and within an easy short stroll of the shops and facilities. Within the grounds of the building is a communal parking area and garden enjoyed by the residents. </p><p> </p><p>The accommodation comprises with all measurements being approximate:-</p><p> </p><p>Steps at the front lead to</p><p> </p><p>UPVC Double Glazed Entrance Door</p><p>To</p><p> </p><p>Spacious Entrance Hall</p><p>Stairs off to first floor. Night storage heater. Understairs storage cupboard with electric circuit breakers. </p><p> </p><p>Cloakroom</p><p>Low level w.c. Wash hand basin with tiled splashback. Electric fan heater. </p><p> </p><p>Kitchen – 2.88 m x 2.99 m</p><p>Single drainer stainless steel sink unit. Good range of built in base and wall units including drawers. Roll edged worktops with tiled surrounds. Space for electric oven. Recess for fridge/freezer. Space and plumbing for dishwasher. Tiled floor. Window to front.</p><p> </p><p>Lounge/Dining Room – 3.65 m extending to 4.15 m x 5.0 m plus triangular area</p><p>Night storage heater. Windows overlooking the communal rear gardens. Wall mounted electric fire. </p><p> </p><p>First Floor</p><p> </p><p>Landing</p><p>Access to roof space. Large built in storage cupboard. </p><p> </p><p>Bathroom</p><p>Fully tiled walls and flooring. Panelled bath with shower over. Low level w.c. Wash hand basin. Electric wall mounted fan heater. Window to front. </p><p> </p><p>Bedroom 1 – 5.02 m x 2.6 m plus triangular area</p><p>3 windows overlooking the communal rear garden. Dimplex wall mounted electric heater. </p><p> </p><p>Bedroom 2 – 4.74 m x 2.69 m plus 1.13 m x 1.02 m recess</p><p>With windows to front. Wall mounted electric heater. </p><p> </p><p>Outside</p><p> </p><p>There is communal parking for the various properties within the development together with a communal garden at the rear and storage areas for use by the residents on a first come first served basis. There is also a car park adjacent to the development.</p><p> </p><p>Agents Note 1</p><p>Please note the property is subject to a section 106 eligibility criteria that may cover local connection, housing need and affordability. Please contact us for further information.</p><p> </p><p>Agents Note 2</p><p>The residents parking area is we understand on a first come first served basis. There is a also a car park adjacent to the development. </p><p> </p><p>Agents Note 3</p><p>This is a purpose built affordable scheme run by Places for People and each resident also pays a monthly charge into a fund which we understand is used for the exterior of the building for all maintenance, cleaning, gardening and building insurance of the whole building. We understand from our vendors that the current service charge is approximately £120.00 pcm. </p><p> </p><p>Lease Details</p><p>The property is offered on a long leasehold basis with the original lease being 125 years from June 2008 with a maximum ground rent of £1 pa payable. We have a copy of the 106 agreement in our Wadebridge office for any interested parties but basically this property is available to a qualifying person who has a local connection and satisfies the financial qualification. For further details please enquire to the vendors sole agents and following that we will need to contact Cornwall Council Affordable Home Ownership Service[use Contact Agent Button] option 1 or [use Contact Agent Button]</p><p> </p><p>Services</p><p>Mains water, drainage and electricity are connected to the property.</p><p> </p><p>Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. The fee is £30 plus VAT (£36 inc VAT) per person. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.</p><p>PROOF OF FINANCE – Purchasers, before an offer is formally agreed, we will require proof of your financial ability to purchase. Again, we ask for your cooperation on this matter to avoid any unnecessary delays in issuing a memorandum of sale.</p><p> </p><p>What3Words: ///<a target="_blank" href="https://what3words.com/scars.culminate.deflect">scars.culminate.deflect</a></p><p> </p><p>For further information please contact our Wadebridge office.</p><p> </p>