3 bedroom penthouse for sale

£700,000

3

Bedrooms

2

Bathrooms

Floorplan

HOUSE & SON House & Son - Residential Sales, Lettings, Property Management, Surveys & Valuation
Leading Independent Property Professionals Since 1939.

Flat 5, Waters Edge, 68 Twemlow Avenue, Poole, Dorset, BH14 8AN
Share of Freehold Guide Price: 700,000 No Forward Chain

Commanding uninterrupted views over Poole Park Lake and Poole Harbour, this outstanding three-bedroom, two-bathroom penthouse apartment occupies the entire top floor of a modern development comprising just five homes. Situated in one of Pooles most desirable residential locations, the property offers spacious, well-appointed accommodation with direct private lift access, a triple-aspect living room, and a private balcony overlooking the water. This represents a rare opportunity to acquire a truly unique home with panoramic views from every principal room.

Accommodation Summary
Secure communal entrance with lift and stair access

Private lift opens directly into a spacious top-floor apartment

Large entrance hallway with built-in storage

Open-plan reception room divided into three well-defined areas:

Living area with triple-aspect windows and balcony access

Dining area ideal for entertaining

Modern kitchen/breakfast area with black worktops, glass breakfast bar, and integrated Neff appliances, including double oven, gas hob, microwave, fridge, freezer, dishwasher and washer/dryer

Master bedroom with fitted wardrobes, dressing table and stylish en-suite shower room and two further bedrooms.

Four-piece family bathroom with bath, separate shower, WC and wash basin

Gas central heating, double glazing, and fitted blinds throughout

One allocated off-road parking space

Wheelchair accessible design

Development & Tenure
Built in 2006 - Waters Edge is a small, self-managed block of five apartments

Residents collectively own the freehold (999-year lease from 2010)

Service charge: Approximately 400 per annum

Council Tax Band: F

EPC Rating: C

No forward chain

Location Highlights
Twemlow Avenue is a quiet, tree-lined road directly adjacent to Poole Park, an expansive and much-loved Victorian green space opened in 1890. The park features a large saline lagoon, miniature railway, tennis courts, cafs, a boating lake and weekly Parkrun events. Residents at Waters Edge enjoy direct access to this exceptional setting, perfect for walking, cycling or relaxing by the water.

From the park, scenic routes lead towards Baiter Park, Poole Quay, and the vibrant shops and restaurants of Ashley Cross. Just 2.5 miles away lies the award-winning Sandbanks Beach, famed for its golden sands and coastal walks.

Poole is a town rich in maritime history, with Georgian architecture, cobbled streets, and a thriving harbourside culture. The area benefits from excellent transport links, including nearby rail stations at Poole (1.1 miles) and Parkstone/Ashley Cross (0.9 miles), providing direct services to London and beyond.

Also within easy reach are:

Brownsea Island (National Trust)

Whitecliff Harbourside Park

Lilliput Marina & Parkstone Yacht Club

Parkstone Golf Course

East Dorset Tennis Club

A Rare Opportunity
Whether youre downsizing, relocating, or looking for a peaceful coastal retreat with spectacular views, Flat 5, Waters Edge offers an exceptional blend of comfort, privacy, and location.

Communal Entrance
Stairs to the Second Floor & Lift to Second Floor
Reception Hall
Open Planned Living Area
Dining Area 214 x 90 (6.50m x 2.75m)
Kitchen Area 1511 x 99 (4.85m x 2.97m)
Lounge 163 x 1411 (4.96m x 4.54m)
Balcony
Bedroom One 160 x 120 (4.88m x 3.66)
En-Suite 82 x 79 (2.50m x 2.35m)
Bedroom Two 144 x 81 (4.36m x 2.46m)
Bedroom Three 144 x 81 (4.36m x 2.46m)
Bathroom 810 x 77 (2.69m x 2.31m)
Allocated Parking Space



Features
  • Freehold

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 580200

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 17500
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 55200
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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This is the assumed rate of house price inflation.

Final Property Value

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This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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