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Discounted New Homes Available In Fontmell Magna

Posted 29 June 2022 by Keith Osborne

Pennyfarthing Homes has unveiled six houses that offer 100% ownership for 80% of the market price...

Six two- and three- bedroom properties at Spring Meadows, a Pennyfarthing Homes development in the Dorset village of Fontmell Magna, are being sold as Discount Market Units.

These homes offer a scenic yet convenient location at a competitive price, just a five-minute walk away from the village high street.

A Discount Market Unit is a new home that is available to purchase at 20% below market value through an Affordable Housing Scheme, run by the Dorset Council. Unlike a Shared Ownership home, customers will enjoy a 100% ownership of the property, not having to pay rent on the remaining share.

Sheetal Smith, sales and marketing director for Pennyfarthing Homes, said: “Pennyfarthing Homes recognises the importance of getting a foot on the property ladder. We have extensive experience in Hampshire and Dorset and a great understanding of what the local community expects and requires of their homes. We are delighted to be able to bring these Discount Market Unit homes forward to help local first-time buyers own their first home.”

‘The Setwood’ two-bedroom semi-detached homes and ‘The Stockwood’ three-bedroom semi-detached homes each have a large living/dining room with oak-faced doors, a fitted kitchen with modern equipment, fully equipped bathrooms, and allocated parking spaces.

Fontmell Magna offers rural life whilst being within an hour’s drive of Poole and Bournemouth. Gillingham is also just a 20-minute drive away, and from Gillingham train station you can catch a train into London in under two hours.

The centre of Fontmell Magna hosts a relaxing and contemporary village pub, as well as a welcoming village shop. The historic market towns of Shaftesbury and Blandford Forum are just a 10-minute drive to the north and 15-minute drive to the south respectively.

To be eligible to buy a starter home, you would need to meet certain criteria. Find out more at [email protected].

Find out more about current Pennyfarthing Homes developments.

 

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