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Tregrenna Barns comprise of two separate detached barn conversions situated in the heart of Cornwall which are being offered with no management, running or service costs to pay for the first 5 years of ownership – a rare luxury in today’s market.

 

 

 

 

 

 

 

 

 

Please note: Tregrenna Barn, the larger fraction offer 40% non status finance - No age restriction, no credit checks. These fractions will no longer have the 8% rental guarantee or the 5 year maintenance paid. The interest rate for borrowing is 6%.

 

£1,000 reservation fee This can be paid by cheque, transfer or credit card to the developer. This will secure your fraction for 30 days to give you time to view the property, if required, and review the contracts.

 

Within 30 days a £5,000 non refundable deposit is payable – Upon signing the contract a non refundable sum of £5,000 is due.

There is nothing further to pay until all other fractions in the property are sold at which point the balance (minus £6,000) is due in full.

The sum of £6,000 will be refunded in full  by the developer if all fractions are not sold within 6 months of signing your contract.

The owner has the choice to enter EITHER their 2 weeks peak usage, or off peak into the rental pool. The 8% rental guarantee is paid monthly in arrears.

 

Each owner may also add their remaining two weeks usage into the rental program during the initial 2 years where they would receive directly any rental income generated from the property less a 12% management fee.

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