23 Gernant, Old Colwyn, Conwy

3 Bedroom Semi-Detached House available through the Shared Equity Scheme.

Open Market Value: £215,000

Affordable Price (at 66.66%): £143,319

Minimum 5% (depending on lender)

The property comprises an end-terraced two-storey house constructed in 2019. The property is situated on the fringe of a modern residential estate, on the outskirts of Colwyn Bay town, in the Old Colwyn district. Ground Floor: Entrance Lobby, Cloakroom (WC and wash basin), Living Room (4.49 x 4.23m), Kitchen with dining area (4.5 x 2.74m). First Floor: Landing, Bedroom 1 – front right (2.43 x 3.65m), Bedroom 2 – rear right (2.45 x 3.35m), Box Room – front left (1.95 x 2.07m), Bathroom containing a three-piece suite and a shower above the bath. Gas central heating with radiators. Outside: Car parking spaces at the front. Side and rear garden spaces.

The tenure of the property is Leasehold - 991 years remaining

Service Charge: £200 a year

Ground Rent: £200 a year

Council Tax Band: C

You must meet the Local Connection criteria for affordable housing with priority being given to:

Priority 1 - (28/03/2024 - 25/04/2024)

a: A resident who has lived in Old Colwyn for a period of 15 years, Key worker in, or coming in to take up full time, long term employment in Old Colwyn. b A resident who has lived Old Colwyn for a period of 10 years. A person in full time, long term employment in Old Colwyn. A person who has previously lived or worked in Old Colwyn for more than 20 years, c A resident who has lived in Old Colwyn for a period of 5 years. A person who is moving into Old Colwyn to look after an infirm or elderly close relative who is resident within the community. d If no suitable occupiers are found as previously noted, applicants who have previously lived in the County Borough, or in an adjoining rural community council area outside the County Borough.

Priority 2 (26/04/2024 - 24/05/2024)

If no suitable occupiers are found as above, the local residency criteria will be opened out to nearby communities of Colwyn Bay, Llysfaen and Betws Yn Rhos.

Priority 3 (25/05/2024 - 22/06/2024)

If no suitable occupiers are found as above, the local residency criteria will be opened out to the whole of the County. If no suitable occupiers are found as previously noted, applicants who have previously lived in the County Borough, or in an adjoining rural community council area outside the County Borough.

We will require £75.00 assessment fee to cover our administration costs for the assessment. This fee will also hold the property for you whilst we carry out the necessary checks. This fee is non-refundable.