30th September 2020

Poundbury apartments proving popular with local buyers

Buyers continue to take advantage of favourable market conditions at the sought-after Poundbury development, according to regional housebuilder, CG Fry & Son.

The recent stamp duty holiday announced by the government, coupled with a two-month extension to the Help to Buy scheme is spurring would-be buyers into action, with enquiries at the development rising in recent weeks.

Caroline Hill, Sales & Marketing Director at CG Fry & Son, said: “We have seen a real uplift in enquiries from people in the local area looking to take their first steps onto or move up the property ladder.

“Our apartments in Poundbury are proving particularly popular. Priced from £290,000, we have a selection of two- and three-bedroom apartments available.

“These beautifully appointed properties feature open-plan kitchen/living/dining areas and good-sized bedrooms, the master bedroom which has its own en suite.

“The apartments are available to buy with the government-backed Help to Buy scheme and this, coupled with the stamp duty holiday announced by the Chancellor, has really boosted their affordability for local buyers keen to move out of rental properties and purchase their first homes.

“We have also launched a small collection of two-bed coach houses, which come complete with their own private courtyard garden. The coach houses will be priced from £325,000 and will be eligible for Help to Buy and exempt from stamp duty.”

Poundbury is a popular location, with a good selection of amenities close by, whilst Dorchester lies just one mile away.

Caroline continues: “With no stamp duty to pay, availability of Help to Buy and competitive mortgage rates to choose from, now really is a great time to buy. I would encourage prospective house hunters to act quickly to secure their new home at Poundbury.”

The sales office and show home at Poundbury is now open, strictly adhering to the Government guidelines, including screens, PPE and handwashing facilities.  There are practices in place to keep customers and staff as safe as possible and those arranging an appointment will be sent a form outlining the new ways of operating.