1 Bed Flat For Sale

South Row, Milton Keynes

MK9 2FR

£146,250

Added 30 Oct 2023

New Build

Property Details

Property Type

Flat

Bedrooms

1

Location

MK9

Description

The Property
**AVAILABLE TO PURCHASE AT 75% SHARED OWNERSHIP OR OUTRIGHT! **

Well presented One-Bedroom, ground floor apartment boasting open plan kitchen/living space with private balcony.

The bedroom is fitted with large built in wardrobes and just when you think you have it all, you also have built in storage in the hallway - perfect for hiding your household electric appliances and Christmas tree!

There’s a spacious bathroom with a double length shower cubicle.

This home also benefits from its own allocated parking space.

This property is offered at 75% Shared Ownership. More information below.

This home can also be purchased outright from Notting Hill Genesis Housing Association for £195,000.

All interested applicants must be pre-qualified financially and for Shared Ownership which Purplebricks Team will assist with.

A great Starter Home!

Shared Ownership
Shared Ownership is a great way for you to get a foot on the property ladder, if you can’t afford to buy a home outright on the open market.

It can ease the pressure of needing to save for a large deposit, or having to make high mortgage repayments.

Essentially, it means you’ll be buying a share of your home and paying an affordable rent on the remainder.

When you are in a position to do so, it’s also possible to buy further shares in your home; this is known as Staircasing.

Notting Hill Genesis Housing Association are the Housing Association offering this home via Shared Ownership.


Equity Shares & Rent
*Advertised Price Marketed Is Based On 75% Shared Ownership*

BREAK DOWN OF EXAMPLES OF OTHER SHARE AMOUNTS AVAILABLE, RENT AND OTHER COSTS IN ADDITION TO YOUR MORTGAGE PAYMENT BASED ON FULL MARKET VALUE OF £195,000 :-

75% Share (£146,250) - Rent and Service Charges: £381.05 PCM

The rental includes Service Charges and Ground Rent.

This home can also be purchased outright for £195,000.

Local Area
This home is situated within close proximity of Milton Keynes Shopping Centre and Central Milton Keynes Train Station (A 35 minute journey into London Euston).

This property is also within walking distance of a wide range of restaurants and bars.

There are several Local Schools for children of all ages in the nearby area.

There’s a stretch of pleasant parkland with a pavillion, which can be used and enjoyed by both residents and sports groups.


General Information
All parties will be required to discuss Financial Pre-qualification with a dedicated and specialised team within Strike Financial Services, prior to viewings being confirmed.

The Land and New Homes Team at Purplebricks will arrange this on behalf of all interested parties.

Property ownership information

Tenure: Shared ownership

Percentage share owned: 75%

Additional monthly rent: £115.23

Ground rent review period: Every 1 year

Service charge review period: Every 1 year

Lease end date: 23/10/2157

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Location

Map showing MK9 2FR

Nearby Properties

Disclaimer: Property descriptions, images, and related information displayed on this page are aggregated from publicly available sources across the web and presented for informational purposes only. While we strive for accuracy, home.co.uk cannot guarantee that all details are current or complete. This information is provided as a guide only and should not replace professional property advice. We strongly recommend contacting Purplebricks New Homes directly to verify availability, arrange viewings, and obtain comprehensive property documentation.

Listed by

Purplebricks New Homes

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