PROPERTY DESCRIPTION
This is a 2 bed end terraced house, Situated in the Village of Grampound, This property benefits from 2 bedrooms, allocated parking and enclosed rear garden.
LOCATION
Situated in the village of Grampound, this village benefits from everyday basic amenities, including a convenience shop, a primary school with the nearby city of Truro having a wider range of amenities.
ACCOMMODATION OFFERS
Ground Floor
Living Room
Kitchen/Diner
Cloakroom
First Floor
Landing
Bedroom 1
Bedroom 2
Family Bathroom
Exterior
Enclosed Rear Garden
Allocated Parking Space
EXAMPLE SHARE
Share price: 40% share £90,000
Full price: £225,000
Monthly rent from 1st April 2026: £325.34
Monthly service charge from 1st April 2026: £56.30
*monthly rent and service charge subject to annual review.
*Staircasing up to 100%
SECTION 106 RESTRICTIONS
This property is subject to a Section 106 Agreement (s.106) with a local connection requirement to the parish of Grampound with Creed, and a full financial assessment to ensure that the property is affordable and sustainable for you.
Our financial assessments are carried out by The Mortgage People (TMP). For more information on TMP please visit their website at tmpmortgages.co.uk.
The local connection requirement may not apply if you are a serving or previously serving member of the regular armed forces or qualifying under any other clause of the Allocation of Housing (qualification criteria for armed forces) (England) regulations 2012.
If you wish to submit an application, please contact TMP in the first instance to carry out a full financial assessment to establish affordability. https://tmpmortgages.co.uk/
Properties are allocated on a first come first serve basis subject to meeting the requirements of the s.106 and demonstrating affordability.
MATERIAL INFORMATION

Verified Material Information

Costs and tenure

Tenure: Leasehold
Lease length: 86 years remaining (99 years from 2013)
Service charge: £56/year
Shared ownership: 40% owned
Council tax band: B
EPC rating: C

The building

Mid-terrace house, standard construction
Accessibility adaptations: None

Services

Mains electricity
Mains water
Mains foul drainage
Mains surface water drainage
Mains gas central heating
Broadband: FTTP (Fibre to the Premises)
Mobile coverage: O2 good, Vodafone good, Three good, EE good
Parking: Allocated
Not in a controlled parking zone
No disabled parking available

Risks and restrictions

Not a listed building
Not in a conservation area
No tree preservation order
Title register restrictions (CL300221):
- The owner cannot sell or transfer the property without a certificate from the landlord (Ocean Housing Limited) or their legal representative confirming that specific rules in the lease have been followed.
- The lease contains rules that limit the owner's ability to sell, sub-let, or share the property with others (a legal process known as 'alienation').
- There are restrictive covenants (rules preventing certain actions) contained in a legal document from December 2011.
- The property is subject to legal provisions that prevent the owner from claiming automatic rights to light or air that might interfere with neighbouring land or buildings.
Non-coal mining area: yes
All information is provided without warranty. Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: builder, plumber, electrician, damp, and timber expert.