Rouses Way | Phase 1
Coastline is pleased to offer 5 brand-new shared ownership homes in the village of St Erme for Phase 1 of Rouses Way!
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.
Rouses Way features a range of two and three-bedroom houses. Each home features:
- An air source heat pump
- A private rear garden
- Two parking spaces, one capable of EV charging
Applications will initially be open for two weeks to those with a relevant local connection to the primary area of the Parish of St Erme. During this time, our Sales team will process applications on a first-come, first-served basis, subject to receiving a complete application.
Please refer to the following pages for more details on:
- House types
- Site layout
- Specification
- Pricing (including example shares of 32%)
Before applying for a shared ownership home with Coastline, please ensure you have read all of our guides on shared ownership. If you have any questions about shared ownership or the home at Rouses Way, please do not 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.
A full range of Shared Ownership shares will be available (between 10% and 75%, subject to affordability) on the first phase of plots to be released. Once this allocation has been reached, the minimum share available on the remaining homes may increase
Eligibility
You may be eligible for this property if:
You have a gross household income of no more than £80,000 per annum.
You are unable to purchase a suitable home to meet your housing needs on the open market.
You do not already own a home or you will have sold your current home before you purchase or rent.
To be eligible to apply for a property on this scheme, you are required to evidence that you have a connection to the Parish of St Erme. Coastline will need to receive the relevant evidence before an offer of a property can be made.
To meet the local connection criteria for this scheme, you will need to meet one of the following:
a) being permanently resident therein for a continuous period of at least three (3) years immediately prior to the date of a Housing Application; or
b) being formerly permanently resident therein for a continuous period of at least five (5) years; or
c) having your place of permanent work (normally regarded as 16 hours or more a week and not including seasonal or casual employment) therein for a continuous period of at least three (3) years immediately prior to the date of a Housing Application; or
d) having a connection through a close family member (normally mother, father, brother, sister, son or daughter) where the family member is currently resident therein and has been so for a continuous period of at least five (5) years immediately prior to the date of a Housing Application and where there is independent evidence that the family member is in need of or can give support for the foreseeable future or on an ongoing basis.
- The local connection criteria does 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 there is still availability on this scheme after two weeks, applications will then be opened to applicants that hold a connection to the secondary area, defined as the neighbouring Parishes of St Newlyn East, Ladock, Probus, St Clement, Kenwyn and St Allen.
- If there is still availability on this scheme two weeks after the initial cascade to the neighbouring parishes, applications will then be invited from applicants that hold a connection to the County of Cornwall.
- If after 70 days from the date of advertising the homes for sale there is still availability, the homes may be opened up to a person who meets at least one of the points a – d listed above, or who holds a Minimum Local Connection to the County of Cornwall.
- All phases will initially be released with a local connection to the primary area.
| Kitchen | 2.87m x 3.47m |
| Dining Room | 3.13m x 2.63m |
| Sitting Room | 3.11m x 4.37m |
| Bedroom One | 3.74m x 3.72m |
| Bedroom Two | 3.01m x 4.12m |
| Bedroom Three | 3.03m x 2.64m |
| Bathroom | 2.31m x 1.98m |
| W/C | 1.51m x 2.03m |
| Kitchen / Dining Room | 3.60m x 3.47m |
| Sitting Room | 3.05m x 4.37m |
| Bedroom One | 5.23m x 3.36m |
| Bedroom Two | 2.88m x 4.48m |
| Bathroom | 2.26m x 2.02m |
| W/C | 1.53m x 1.57m |
The Specification
In the kitchens
- Symphony kitchen units in Indigo with Grey Linen interiors and antique copper bow handles
- Symphony 22mm worktops in Marble Bianco with matching upstand
- Stainless steel splashback
- Single electric oven with electric hob and cooker with extraction fan
In the bathrooms
- Roca Carla 1,700mm long bath
- Shower over bath
- Coram bath screen
- Saber Perla 300 x 600mm wall tiles
General Features
- Two parking spaces, one with EVCP charging capabilities
- Air source heat pump
- Private rear garden with shed
- Cormar Apollo Plus Range Carpets in Smokestack
- Comfytex PU vinyl flooring
- Solar PV with Mechanical Ventilation and Heat Recovery (MVHR)
- 999-year Lease
- 10-year Build Zone Warranty
| Plot | House-type | Beds | Open Market Value | Example Share | Share Value | Monthly Rent | Monthly Buildings Insurance | Monthly Service Charges |
|---|---|---|---|---|---|---|---|---|
| 2 | Trevella | Semi-detached | 3 | £295,000 | 32% | £94,400 | £22.90 | £63.89 | |
| 8 | Allen | End-terrace | 2 | £247,500 | 32% | £79,200 | £15.95 | £63.89 | |
| 9 | Allen | Mid-terrace | 2 | £245,000 | 32% | £78,400 | £15.95 | £63.89 | |
| 30 | Allen | Mid-terrace | 2 | £245,000 | 32% | £78,400 | £15.95 | £63.89 | |
| 31 | Trevella | End-terrace | 3 | £292,500 | 32% | £93,600 | £22.90 | £63.89 |
Barncoose Gateway Park,
Redruth,
TR15 3RQ