1-bedroom flat · BH22 8FY
Listing removedListed 181 days
Opportunity summary
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About
£2,750 spring deposit boost*!
| Final home available | Ready to move into now | Available from £888 a month* | Allocated parking | 538sqft | Close to local amenities | Nearby green open spaces Highlight Housing, The Affordable Homes Agency, working with Legal & General Affordable Homes, is pleased to present this 1 bedroom Shared Ownership apartment at Clarence Place, West Parley.
The price shown represents purchasing a 25% share. Rent is payable on the remaining share.
This is the final home available at Clarence Place, offering a great opportunity to secure a new apartment in a well-connected location, ready for immediate move-in.
About this apartment Plot 111 is a 538 sq ft ground floor 1 bedroom apartment, thoughtfully designed to maximise space and natural light.
The home features a bright open plan living area, modern kitchen and finishes throughout, a door entry intercom system, and practical storage. The apartment also benefits from allocated parking.
Designed with energy efficiency in mind, this home offers comfortable, low-maintenance living, ideal for first time buyers, commuters or those looking to downsize.
Financial Breakdown Full Market Value: £220,000 25% Share Value: £55,000 5% Deposit of 25% Share: £2,750 Rent on Remaining Share: £378 per month Service Charge: £192.67 per month Estimated Monthly Cost: From £880* Council Tax: Tbc* Local Area Clarence Place offers a convenient and well-connected setting in West Parley.
Everyday essentials are within walking distance, including a supermarket, pharmacy and local services. A range of primary and secondary schools are also nearby.
For travel, Bournemouth Airport is just a short drive away, while regular bus services are available from Parley Cross Crossroads, only a minute's walk from the development.
Bournemouth town centre and train station are also easily accessible, providing links to London and beyond.
Residents can also enjoy nearby green open spaces, including Parley Common Nature Reserve, as well as easy access to the coastline and Bournemouth Beach. What is Shared Ownership?
Shared Ownership provides a more accessible route onto the property ladder.
You purchase a share of the home and pay a subsidised rent on the remaining share, with the option to increase your ownership over time.
Eligibility Criteria Household income must be under £80,000 per year You must not already own a property at completion You must be unable to purchase a suitable home on the open market You must have sufficient funds for deposit and buying costs About Highlight Housing We are The Affordable Homes Agency.
Our purpose is to improve access to good-quality, safe and affordable homes for sale and rent across the UK.
We work with trusted developers, housing associations, private sellers and landlords to provide clear guidance that helps people understand what is realistically within reach.
Council Tax and Cgi Disclaimer Council tax bands are often not released until a property is complete. For guidance, please speak with a Sales Consultant or contact the local authority.
Interior images are Cgi representations of 1 bedroom apartments at Clarence Place and are indicative only. Exterior imagery may show the actual plot.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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About 34, Elizabeth Way, Ferndown
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