This one bedroom ground floor apartment is situated in Milton Keynes, Buckinghamshire and is available to purchase through the Shared Ownership scheme.
Full Market Value: £168,000
Monthly Service Charge: £211.35 estimate
Monthly Rent: £231.00 based on a 40% share
All applicants will need to be registered and approved by Help to Buy - this can be done on their website 'Help to Buy Agent 3'.
About the Property
This property boasts a number of key features and is in a prime location, with excellent amenities nearby including supermarkets, Centre:mk and Willen Lake. The property includes an open plan lounge/kitchen/diner, a fully fitted bathroom, master bedroom and terrace.
The property has an allocated parking space, double glazing and communal gardens.
Shared Ownership, how does it work?
If buying a home seems out of reach, Shared Ownership* could be the answer and offers a great alternative to renting. Initial shares of between 25% and 75%** of our properties are available, you will pay a subsidised rent on the remaining share.
*Properties are offered as leasehold.
**Shares offered are maximised based on an affordability basis.
***Some properties are restricted to the level of share you can purchase. Please note: Your home may be repossessed if you do not keep up repayments on your mortgage. Rent/Service Charge are an estimate.