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£100,000
This superb modern home is available to buy from as little as £100,000 with a 40% share!
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
Located on the 8th floor of this modern development, this spacious two bedroom apartment offers contemporary living with breathtaking elevated views across Holes Bay, Poole Harbour and Brownsea Island. The property benefits from lift access within the block, a private balcony perfect for enjoying the tranquil water views, and an allocated undercroft parking space for convenience and security.
Inside, the apartment features a bright and spacious open plan lounge and dining area with direct access to the balcony, creating a seamless indoor-outdoor living experience. The modern kitchen is fully fitted with integrated appliances and stylish finishes. Both bedrooms are well proportioned, and the sleek bathroom offers a bath with shower over. The property also includes a handy storage cupboard and air circulation system, ensuring comfort throughout the year.
Local Area
Nile Court is ideally positioned close to Poole’s vibrant town centre and picturesque Quay, offering a variety of shops, cafés, and restaurants. The Dolphin Shopping Centre is within easy reach, along with local supermarkets and leisure facilities. Nature enthusiasts will appreciate the scenic walking and cycling routes around Holes Bay and Upton Country Park, while Sandbanks’ famous beaches are just a short drive away.
Travel Links
The apartment enjoys excellent transport connections, with Poole Railway Station barely 200 yards away, providing regular services to London Waterloo, Bournemouth, and Weymouth. Nearby road links via the A35 and A350 make commuting straightforward, while several local bus routes connect the area to surrounding towns. Bournemouth Airport is approximately 25 minutes by car, ideal for both business and leisure travel.
PRICING & AFFORDABILITY
Full Market Value: £250,000
40% Share Price: £100,000 (rent £400.72pcm)
Minimum 5% Mortgage Deposit (40% share): £5,000
Approximate Service Charges: £163.37pcm*
Lease: 119 years remaining
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.
Sown Shared Ownership