Available through our resale shared ownership scheme, a second floor, two-bedroom apartment in Milton Keynes.

  

Property description:

This top floor apartment comprises a communal entrance with entry system, open plan kitchen and reception, kitchen with integrated and standalone appliances, large private balcony, two bedrooms, master bedroom with ensuite, family bathroom with shower over bath and hallway storage. 

The property also benefits from access to off-street parking.

Lease: Commenced 2014 with 125-year term

Council Tax Band: Milton Keynes Council – B

Approx. Gross Internal Area: 807sq.ft.

LOCAL AREA INFORMATION

Conveniently located close to local amenities including a Waitrose, Costa Coffee, Pet store/vet, Tanning Salon and Dental Surgery. Milton Keynes Station is a 10minute drive away and there is a nearby bus service on Brickhill Street. There are a choice of primary and secondary schools in the area including nearby parks such as Ouzel Valley Park.

FINANCIAL INFORMATION

Property Value = £265,000

Percentage Share = 40%

Share Price = £106,000

*Monthly Rent = £302.79

*Monthly Service Charge = £303.47

**Monthly Mortgage Payment = £542

***Annual Household Income = £40,000

*Please note the rent and service charge is reviewed annually 01 April.

** Based on a 90%, 30-year repayment mortgage with an interest rate at 5.5%.

***Is based on a 10% mortgage deposit. If you have a higher deposit Hyde New Homes can discuss how the salary required is reduced. 

Your home may be at risk if you do not keep up your mortgage and rent repayments. Particulars give an overall description of the property and are not intended to constitute an offer or form part of any contract. Areas, distances or measurements referred to are approximate. For confirmation of property details refer to the terms of the lease and plans from your solicitor. Hyde New Homes Resale properties are sold as seen, photographs and details (excluding financial information) are provided by the leaseholder. Please note that the Resales Team have not visited this property.

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