Bournemouth’s newest landmark building is unveiled

18-10-2008

The wraps have come off Bournemouth’s latest landmark building. b-central, built on the site of the former C&A building in Commercial Road, is home to 80 brand new 1, 2 and 3 bedroom apartments, 65 of which, are being sold by Assettrust Housing under a shared ownership scheme.

Just 10 minutes stroll from the beach, many of these stylish apartments have spectacular sea views or terraces. Each new home has been designed with attention to detail - the fitted kitchens include a fridge freezer and washer dryer, and the light oak veneer doors with chrome fittings provide a contemporary and stylish feel. Secure allocated on-site parking comes as standard. And all this at an affordable price.

Shared ownership is designed to provide an affordable solution to home ownership. Purchasers simply buy a share of a property – anything from between 25% - 75% - with a mortgage, and pay a reduced rent on the remainder. After an initial 12 month period they have the option to increase their share until they own the property outright.

At b-Central prices one bedroom apartments start from £147,500 however with a 25% share the price reduces to £36,875. On a monthly basis this translates to a total of cost of £630 -which includes mortgage, rent on the remainder of the property and service charge. This compared to monthly outgoings of £1,130 if the property were bought outright.

On 1st and 2nd November Assettrust Housing are holding an open weekend when they will be unveiling their new show apartment. Not only will they be offering to pay stamp duty and legal costs, but they’ll also be announcing special price reductions available over the 2 days.

For anyone wishing to come along, the show apartment will be open between 11.00 –
5.00 pm on Saturday 1st November and between 12.00 pm - 5.00 pm on Sunday 2nd. Telephone 0845 373 2424 for further information or visit our website at
www.b-central-apartments.com.

For further information please contact:
Alison Blease, Head of Press, Assettrust Housing, Tel: 0845 013 2272

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