Please note, the majority of our shared ownership homes undergo a rent review in April 2024. The review will depend on the shared ownership lease, but the majority will see a 9.4% uplift to the rent. We will confirm the exact changes to the rent for this property as part of the sales process.
£105,000 for a 50% share
Open Market Value: £210,000
From £159 per calendar month
Service Charge: £102.38
Shared ownership Resale
Shared ownership Resale
Plover House, 1 Broomhill Way, Poole
Stonewater are marketing this lovely property on behalf of the vendor.
This property is a one bedroom flat. Inside the property you will find a open plan kitchen / living area, Bedroom and Bathroom. Inside the living room and bedroom you have sea views towards Brown Sea Island and Purbecks. You will also find a Juliet Balcony with sliding patio doors and scenic view.
The property has lots of storage within the bedroom having a built in wardrobe and storage cupboards in the hallway. There is currently a 50% share available with the options to purchase additional shares of up to 100%.
The property is within a close distance of just 200m to the beach and walking distance from Poole Quay.
Key Points -
109 Years remaining on the lease
Gas Central Heating
Council Tax Band A
Low Running Costs
There is however no lift in the building.
Thank you for your recent interest in the above property. The seller is currently accepting viewings and if you would like to arrange a viewing, please contact the seller on the details below.
Please note there is a local connection required to purchase this property.
Seller Name: Mark Sloane
Seller Contact Details: 07763161965 or email MarkieDS@hotmail.com
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As a shared ownership home, you will need to be eligible for Shared Ownership.
As a reminder, to be eligible for shared ownership you will need to evidence:
• your household income is £80,000 a year or less (£90,000 a year or less in London)
• you cannot afford all of the deposit and mortgage payments for a home that meets your needs
One of the following must also be true:
• you’re a first-time buyer
• you used to own a home but cannot afford to buy one now
• you’re forming a new household - for example, after a relationship breakdown
• you’re an existing shared owner, and you want to move
• you own a home and want to move but cannot afford a new home that meets your needs
Please take note of the minimum income, £31,260 minimum deposit £5250 this property. If you are placing a larger deposit, the minimum income will reduce. Always check with us if you are unsure whether you can afford the property.
If you make a successful offer to the seller after your viewing, they will let us know and we will then be able to refer you for a financial assessment with an Independent Financial Advisor. This is compulsory for all Shared Ownership purchases and does not interfere with any mortgage arrangements you have already made. They will complete an assessment but you are not obliged to use them afterwards to arrange your mortgage, but can if you wish. You will also be required to complete a Stonewater application form. Further information on the financial assessment and application form will be provided.
Please let us know if you need any further information and good luck with your viewing.
Interested in buying a shared ownership home? Follow our simple three step guide Find out more about shared ownership
What is shared ownership? Your questions answered Find out about shared ownership
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