2 Bed Bungalow For Sale

** RETIREMENT HOUSING **

Located within Central Bletchely is this fantastic two bedroom bungalow, designed for the over 55’s.

This property is offered on a 70% shared equity scheme with Places for People Housing Association and there is no additional rent payable (please see below for lease and service charge details).

Internally the property has been well kept with the accommodation comprising an entrance porch; hallway which is equipped with multiple storage cupboards; good sized ‘l-shaped’ lounge which leads to a sunny conservatory; kitchen; dual aspect master bedroom; second bedroom and finally a shower room which has recently had the shower replaced.

Externally you are welcomed via beautiful communal gardens and rosebeds in the frontage of the bungalow whilst to the rear is a small courtyard large enough for a patio and garden shed ideal for planting pots and enjoying the sunshine relatively maintenance free.

Further benefits include double glazing, gas central heating with a replacement boiler fitted approx. 12 months ago, communal parking and an on site laundrette.

The shared equity scheme is with Places For People Housing Association with the lease length being 99 years from 1988 leaving 63 years currently remaining. The monthly costs include service charges, maintenance reserve, insurance charge and building insurance; these are charged at £71.96 per calendar month.

Please note that Places for People Housing Association have a ‘sell-on’ charge when the property is sold; this is reserved for the sinking fund. The sinking fund is calculated at 1% of the purchase price (70% of the full market value) per year of ownership capped at a maximum of 8 years; this will only be charged when you sell the property in the future and is normally collected on completion via the acting solicitors.

Tenure: Leasehold
Lease Length: 63 years
Service Charges Combined: £71.96
EPC: D
Council Tax Band: B