Anthony David & Co says ..

Property Oracle says ..

This property is a two-bedroom apartment located in Poole, Dorset, listed at £105,000. The apartment seems well-maintained and presented in good condition based on available photos. The interior photos suggest a clean, modern style with a functional layout. The property’s location offers convenient access to Poole Train Station and is in close proximity to Baiter Park and the Quay, which adds to the recreational and lifestyle appeal. Several schools with good Ofsted ratings are also nearby, making it a potentially family-friendly area. However, it is important to note that this is a 50% shared ownership property, which means that the buyer only owns 50% of the property and will need to pay rent on the remaining 50%. This significantly limits the buyers control over the property and could be a deal-breaker for some buyers. The lack of outdoor space is another significant factor. Further investigation into local comparable sales data specifically for shared ownership properties in this area would improve the valuation and assist in confirming the price as reasonable. Potential buyers should carefully consider all aspects of shared ownership before committing to a purchase. This property would suit first-time buyers and those who are looking for a more affordable way into the property market. However, it is important to understand the implications of shared ownership before making a purchase decision.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images