An Cnocan, Bantry (New Affordable Houses), Mileencoolla, Bantry, Co. Cork

Remcoll Group in partnership with Cork County Council, are delighted to launch this exciting new Affordable Housing Scheme An Cnocan is a landmark new residential development of Houses in Bantry, West Cork. The development is a first of a kind in Bantry with very efficient ‘A’ Rated homes. Mackee Construction are the builders who have a reputation of building homes to exceptionally high standards. A total of 12 , three bedroom semi-detached homes will be made available under the Local Authority Affordable Purchase Scheme. Under the ‘Local Authority Affordable Purchase Scheme’, Cork County Council is making new homes available for purchase by eligible applicants at reduced prices. In return, Cork County Council will take a percentage equity stake in the Affordable Purchase home. The Council’s equity stake will be equal to the discount of the purchase price from the full market value of the home. For example, if an eligible applicant purchases a home at a 20% discount, Cork County Council will take a 20% equity interest in the home. The purchaser can buy out this equity share at a time of their choosing but there will be no requirement to do so. For Further information on the details of the scheme please see the following link. https://www.corkcoco.ie/en/resident/housing/affordable-housing/affordable-housing-at-an-cnocan-milleencoola-bantry-co-cork The House Type 2 (3 Bed Semi-Detached – 954 sq ft) – are being made available for purchase from €235,000. Applications will be accepted via an online application portal which will go live at 12 Noon on Monday 25 November 2024.The portal will close at 12 noon on Monday 16 December 2024. Please note In order for the Council to fully assess and process your application, you will need to submit a maximum mortgage Approval In Principle (AIP) letter from one of the Pillar banks or a Local Authority Home Loan (LAHL) letter. To apply for a 3-bedroom semi-detached house, gross household income for the preceding 12 months should be below €60,919 however, those with a higher income may also be eligible if their lender provides them with a maximum mortgage which is less than 85.5% of the market value of the dwelling. An Cnocan will be great for families as it will feature large green areas and a playground. The development has a very convenient location being next to all the amenities Bantry Town has to offer and being in close proximity to the N71 National Road. The specification of the houses will include: Air-Water Heating Insulated Floors Amvic ICF building structure High Quality Fixtures & Fittings

These particulars are detailed for the purposes of representing the development only. Visual representations, finishes, layouts and/or scales may be approximate or representative of the development rather than exact specifications of the actual unit. The developer reserves the right to make alterations to the design and specification in the overall interest of the development.