The Gwel
Coastline is excited offer 10 new shared ownership properties in Truro. To get the latest information and guidance to complete an application, please register your interest on Share to Buy.
If you have already registered your interest on Share to Buy you will have received an email from soapplications@coastlinehousing.co.uk containing our online application form and guidance on the next steps to complete your application.
The Gwel features 10 brand-new three-bedroom houses. Each home features:
- An air source heat pump
- A private rear garden
- Two parking spaces (with one space offering EV charging capability). Additional information on the parking layout is detailed below.
Applications will initially be open for two weeks. During this time, our Sales Team will process applications on a first-come, first-served basis, subject to receiving a completed application.
Please refer to the following pages for more details on:
- House types
- Site layout
- Specification
- Pricing (including example shares of 40%)
Before applying for a shared ownership home with Coastline, please ensure you’ve read all our guides on shared ownership. If you have any questions about shared ownership or the homes at The Gwel, don’t hesitate to contact our Sales Team by calling 01209 200230 or emailing home.ownership@coastlinehousing.co.uk.
If you have not already done so, we encourage you to register your interest in the homes on Share to Buy. This will notify the team that you are interested in applying for a property. If there is still availability, we will contact you with our application form and information on the next steps you need to take to complete your application.
The first 25% of homes allocated on this development are available with the full range of shared ownership purchase options (typically between 10% and 75%). Once 25% of the homes have been allocated, Coastline Housing may adjust the minimum share available on the remaining homes. This adjustment helps to ensure the development remains financially viable. As a result, the minimum share for later homes may increase.
The Mortgage People (TMP) may continue to take you through the financial assessment process; please be aware that your application may be declined if an adjusted minimum share is above your maximum affordability threshold once 25% of the homes have been allocated.
Eligibility
There are no local connection requirements for these homes.
Parking
| Plot | EV charger (1 per plot only) | Parking Layout |
|---|---|---|
| 37 | Yes - separate management company | 1 x allocated parking space 1 x carport |
| 38 | Yes | 1 x allocated parking space 1 x carport |
| 39 | Yes | 1 x allocated parking space 1 x carport |
| 40 | Yes | 1 x allocated parking space 1 x carport |
| 41 | Yes - separate management company | 2 x carports |
| 42 | Yes | 2 x carports |
| 43 | Yes | 2 x allocated parking spaces |
| 44 | Yes | 1 x allocated parking space 1 x shared garage space |
| 45 | Yes | 1 x allocated parking space 1 x shared garage space |
| 194 | Yes | 2 x driveway parking spaces |
The Bilbery
Approximate Room Dimensions
| Kitchen | 3.40m x 2.31m |
| Lounge | 3.77m x 5.40m |
| Dining Room | 4.80m x 2.52m |
| Bedroom One | 3.83m x 3.34m |
| E/S | 2.19m x 1.95m |
| Bedroom Two | 3.89m x 2.83m |
| Bedroom Three | 2.69m x 2.54m |
| Bathroom | 2.46m x 2.03m |
| W/C | 1.91m x 1.45m |
These computer generated images and floor plans have been produced for illustrative purposes only. The illustrations shown are computer generated impressions of how the property may look so are indicative only. External and internal details or finishes may vary on individual plots. Exact specifications, window styles and whether a property is left or right handed may differ from plot to plot. The floor plans shown are not to scale. Measurements are based on the original drawings.
The Specification
The specification set out below is for general guidance and could be subject to change. This does not form any part of contract.
In the kitchens
- Symphony Kitchens kitchen units
- Symphony Kitchens splashback
- Bosch stainless steel double built-in oven with induction hobs and curved glass chimney hood
- Bosch integrated fridge freezer
- Bosch integrated dishwasher
- 950 x 508mm sink w/ waste and pull-out tap
In the bathrooms
- 1700 x 700mm bath with Ecotherm thermostatic shower over bath
- 1,500 x 800mm Merlyn glass bath screen
- White pedestal basin with Cerabase taps
- Ensuite shower with Ecotherm thermostatic shower pack and Merlyn bifold clear glass door
General features
- Two parking spaces, one with EV charging capabilities
- Fibre to the Premises (FTTP)
- Air Source Heat Pump
- Thermostat
- Outside tap
- Doorbell and external lighting
- Bike store
- 999-year lease
- 10-year NHBC Warranty
Pricelist
The shares available to purchase for homes under this scheme range from 10% to 75%. The shares shown in the table below are for illustrative purposes only and to provide an example of the costs associated with shared ownership. The shares offered depend on the buyer's individual circumstances, as determined by an individual assessment. Once 25% of the homes have been allocated, Coastline Housing will adjust the minimum share available on the remaining homes. As a result, the minimum share for later homes will increase.
| Plot | House Type | Beds | Open Market Value | Example Share | Share Value | Rent PCM | Buildings Insurance | Service Charges |
|---|---|---|---|---|---|---|---|---|
| 37 | Bilbery | 3 | £447,500 | 40% | £179,000 | £559.38 | £13.72 | £51.97 |
| 38 | Bilbery | 3 | £450,000 | 40% | £180,000 | £562.50 | £13.72 | £38.19 |
| 39 | Bilbery | 3 | £447,500 | 40% | £179,000 | £559.38 | £13.72 | £38.19 |
| 40 | Bilbery | 3 | £445,000 | 40% | £180,000 | £562.50 | £13.72 | £38.19 |
| 41 | Bilbery | 3 | £427,500 | 40% | £171,000 | £534.38 | £13.72 | £55.31 |
| 42 | Bilbery | 3 | £427,500 | 40% | £171,000 | £534.38 | £13.72 | £41.53 |
| 43 | Bilbery | 3 | £427,500 | 40% | £171,000 | £534.38 | £13.72 | £34.85 |
| 44 | Bilbery | 3 | £420,000 | 40% | £168,000 | £525.00 | £13.72 | £34.85 |
| 45 | Bilbery | 3 | £422,500 | 40% | £169,000 | £528.13 | £13.72 | £34.85 |
| 194 | Bilbery | 3 | £470,000 | 40% | £188,000 | £587.50 | £13.72 | £24.78 |
Address:
Coastline House,
Barncoose Gateway Park,
Redruth,
TR15 3RQ
Barncoose Gateway Park,
Redruth,
TR15 3RQ
Tel: 01209 200230
Email: home.ownership@coastlinehousing.co.uk