£115,000
2 bed flat for sale
Inverewe Place, Milton Keynes MK4Shared ownership
Leasehold
2 beds
1 bath
Key information
Tenure
Leasehold (81 years)
Service charge
£84 per month
Council tax band
B
Ground rent
Ground rent date of next review
Shared ownership percentage owned
50%
Shared ownership rent
£252 per month
About this property
50% Share available
2 bedrooms
Allocated parking
Excellent location
Less than 4 miles to Centre:mk
Great local amenities
This 2 bedroom ground floor apartment is situated in Westcroft, Milton Keynes, and is available to purchase through the shared ownership scheme.
Full market value: £230,000
Share available: 50%
Monthly rent: £251.94
Monthly service charge: £84.48
Remaining lease term: 81 years
About the property
This property is comprised of:
- An entrance hall
- Open plan living room and kitchen/diner
- Two bedrooms
- Two storage cupboards
- Bathroom
- Parking
About the area
Milton Keynes is a city in Buckinghamshire, located only 50 miles from London. It can be found near the M1, the A421 and A5. With over 500 acres of outdoor space and named a 'city in the forest' - Milton Keynes has everything you need all in one place. You can catch at train from Milton Keynes Central Station and be in the country's capital in under 30 minutes.
Milton Keynes has a wide variety of shops, supermarkets and activities to enjoy. Centre:mk is the cities shopping centre with hundreds of brands under one roof including tk Maxx, H&M, Boots, John Lewis and more. As well as multiple places to eat and drink. Milton Keynes is also the home of Willen Lake, Gulliver's Land theme park, Milton Keynes University Hospital and Stadium mk. The city also has many activities to offer including bowling, crazy golf, cinemas, ice skating and much more!
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. This property has a 50% share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above. In the future you can purchase further shares in your home** or sell your share and move on.
*Properties are offered as leasehold.
**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.
More information
Listed by
Domovo