3-bedroom house · TR11 5US
Listing removedListed 105 days
Opportunity summary
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About
Welcome to Creekside... New Shared Ownership homes in the coastal village of Mylor. Local homes for local people! Property Description Welcome to Creekside...
Brand new Shared Ownership homes the coastal village of Mylor. Local homes for local people! Deposit from as low as £1,325!
Location Introducing Creekside; an exciting new shared ownership opportunity.
Delivered by local developers, Gilbert & Goode, Creekside provides thoughtfully designed homes that combine modern living with the natural beauty and strong community feel that Mylor Bridge is known for.
Situated just a short distance from the heart of the village, you'll enjoy access to local amenities including a shop, café, primary school, and scenic walking routes, as well as the nearby harbour yacht club.
With the Carrick Roads and beautiful creeks on your doorstep, this is the perfect location for those who love coastal walks, sailing, and the outdoors.
Nearby, Falmouth and Truro provide a wider a range of shops, restaurants and cultural attractions, alongside offering convenient transport links for commuting and exploring.
If you're looking for a more affordable new home in one of Cornwall's most sought-after and tranquil village locations, our shared ownership homes at Creekside could be your ideal fresh start.
Section 106 Restrictions To be eligible, applicants must be able to demonstrate a local connection to the Parish of Mylor in the first instance.
To demonstrate a local connection, applicants need to: Have been a permanent resident in the area for at least 3 years immediately prior to applying Be in full time, permanent employment (not on a seasonal basis) within the area for at least 3 years immediately prior to applying Have a close family member (mother, father, brother, sister, son or daughter) who is currently a resident of the area and has been for at least 5 years immediately prior to applying, and where there is independent evidence that the family member is in need of, or can give support on an ongoing basis.
Have formerly been a permanent resident in the area for a continuous period of at least 5 years Example Share Full Market Value: £405000 Example Share: 10% Example Share Value: £40,500 Example Rent (pcm): £759.38 Example Service Charge (pcm): £86.77 Lease Details A 990-year lease will be granted upon completed.
Agents Note *Shared Ownership is an exclusive product for local residents. Section 106 and staircasing restrictions may apply.
Affordability is based on a financial assessment to determine the share percentage to be provided.
Home offers will be based on a review process, and on a first-come, first-serves basis, with priority given to local connection and affordability need.
Whilst we endeavour to make our home descriptions accurate, they are for general guidance only and may be subject to change throughout the build process. Shared ownership homes are sold as leasehold.
All CGI images are for illustrative purposes only and should not be relied upon. These are subject to change and may not be accurate.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Plot 27, Robert Rundle Way, Falmouth
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