First Poet's Corner homes ready
We’ve taken handover of the first homes at the Poet’s Corner development in Manadon.
We purchased 18 homes from housing association Sovereign – four for affordable rent and 14 for shared ownership sale through SO Living.
The rented properties are due to be advertised on Devon Home Choice in the next few weeks.
Our first shared ownership home at the scheme, at Chaucer Way, has been sold and five of the other shared ownership homes have been reserved.
In total, we will have 51 homes at Poet’s Corner – 31 for affordable rent and 20 for shared ownership.
Gavin Sutton, PCH Project Manager, said: “We’ll be seeing monthly handovers at Poet’s Corner for the next three months, until the scheme is complete in April.
“In February, 12 rented homes will be released, in March we’ll see six rented and three shared ownership and in April we’ll take possession of the final nine rented properties and three shared ownership homes.”
The site also has open market homes – these have all been sold by site owner Kier Living.
Yvonne Lorrison and partner David Orr were the first people to buy a shared ownership home at Poet’s Corner.
Yvonne said: “We were renting beforehand but it’s dead money. Owning gives us more security. We can save up and buy more shares in time.
“For people who don’t have the finances to buy outright it’s amazing. It gives you the chance to get on the property ladder.
“Cathy from SO Living was really helpful and tried to make it as stressfree as possible. Moving is stressful as it is. But it’s all worth it in the end.”
“We love it here. We want to make it a home now. We’re putting in our own touches. I hope we can make some nice memories here.
To find out more about shared ownership properties, call the SO Living sales team on 0800 0778 748.
To register and bid for one of our rented homes, go to Devon Home Choice.