Share percentage 40%, full price £210,000, £4,200 Min Deposit.
Monthly Cost: £932
Rent £289,
Service charge £175,
Mortgage £468*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £80,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
*LAST PLOTS REMAINING *40% shared ownership *One bedroom apartments available *Located on the banks of the Grand Union Canal *Electric heating *Balcony/Terrace *Basement parking space.
Description
Built by Crest Nicholson and offered for Shared Ownership sale through Domovo, Campbell Wharf is an exciting new collection of homes situated on the banks of the Grand Union canal in one of Milton Keynes' most sought-after locations.
Spacious, open-plan living areas, beautifully appointed bedrooms and sleek, modern bathrooms make homes at Campbell Wharf the epitome of urban living. Every property features high specification appliances, fittings and finishes.
Full Market Value: £210,000
Share Value: £84,000 (Based on a 40% share)
Monthly Rent: £288.75 (Based on a 40% share)
Monthly Service Charge: £175.30 (This is an estimate only)
Lease Term:125 years
Initial shares available to purchase between 25-75%*.
*(Your application will be affordability assessed by an Independent Mortgage Advisor to determine what share you can afford to buy).
About the Property
A one-bedroom apartment includes the following specification:
Kitchen
- Medford white kitchen cupboards
- Carbon steel worktop
- Built in oven, hob & chimney hood
- Fridge freezer & washer dryer provided
- Vinyl flooring
Bathroom
- Vinyl flooring
- Shower screen
- Tiled walls to wet areas of the bathroom
- Thermostatic shower
General
- Carpets provided
- Electric heating
- One car parking space per plot
- Balcony
We reserve the right to change the specification at any time.
Please note that the imagery shown are CGIs – Guide only.
Go with the flow in an enviable location
Set to be the most sought-after destination to live in the heart of Milton Keynes, Campbell Wharf boasts an enviable position located on the banks of the Grand Union canal.
Whether you love to be by the water, catch up over a coffee, enjoy the great outdoors or shop until you drop, life at Campbell Wharf will open up worlds of opportunity.
The historic Grand Union Canal frames the development to form something of a natural boundary. Residents can enjoy the calm waters and fantastic Trek bike store and a café, before crossing over a new footbridge linking the two sides of the canal, leading to a 111-berth Marina and The Warbler on the Wharf pub – the perfect destination for you to socialise.
With a wealth of cultural, leisure, shopping and employment opportunities, as well as beautiful countryside on the doorstep, Milton Keynes has it all.
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.
In the future, you can purchase further shares in your home*** or sell your share and move on.
*Properties are offered as leasehold, with a lease term of 125 years.
**Shares offered are based on the affordability determined by an Independent Mortgage Advisor.
***Some properties are restricted to the level of share you can purchase.
Disclaimer
The information provided by Domovo, the sales and marketing brand for bpha, is prepared as a general guide only and should not be relied upon as a basis to enter into a legal contract or to commit expenditure. All measurements are approximate. Floorplans are for illustration purposes only. Photographs/CGIs provided are for guidance only and may not reflect items included in the property sale. Any interested party is advised to check the measurements and to consult their own surveyor, solicitor and/or other professionals before committing themselves to any expenditure or other legal commitments.
Please note: Your home may be repossessed if you do not keep up repayments on your mortgage.
Key Features
- High specification kitchen with built in oven, hob & chimney hood
- Fridge freezer & washer dryer provided
- Flooring provided throughout
- Electric heating
- Balcony
- Basement parking (1 space per plot)
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan Brochure Brochure Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £210,000, £4,200 Min Deposit. Calculated using a representative rate of 5.03%
