1 bedroom apartment for sale
Dovehouse Orchard, Houghton Regis, LU5 7BW
Share percentage 50%, full price £195,000, £4,875 Min Deposit.
Share percentage 50%, full price £195,000, £4,875 Min Deposit.
Monthly Cost: £766
Rent £223,
Mortgage £543*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
*COMING SOON *50% shared ownership *1 bedroom apartment available *Shared Ownership Event – Wednesday 11th December *Gas central heating *1 car parking space
Description
JOIN US AT OUR LINMERE SHARED OWNERSHIP OPEN EVENT AT THE FARMSTEAD COMMUNITY CENTRE ON WEDNESDAY 11TH DECEMBER, BETWEEN 5PM AND 8PM.
We are excited to offer a modern collection of homes within the desirable new residential community of Linmere. Choose from stylish 1 and 2 bedroom apartments perfect for first-time buyers or those looking to downsize, all available through shared ownership.
Ideally located in South Bedfordshire, Linmere is a vibrant new community that places well-being and outdoor living at its core. Thoughtfully designed green spaces make it easy to walk or cycle through the area, ensuring a strong connection with nature at every step. With green spaces just a five-minute walk from every home, it’s a place for all generations to thrive and enjoy.
At Linmere, the great outdoors is more than just an escape — it’s a way of life, where you can connect with nature and your neighbours.
Full Market Value: £195,000
Share Value: £97,500 (Based on a 50% share)
Monthly Rent: £223.44 (Based on a 50% share)
Monthly Service Charge: £TBC (This is an estimate only)
Lease Term: 999 years
Initial shares available to purchase between 10-75%*.
*(Your application will be affordability assessed by an Independent Mortgage Advisor to determine what share you can afford to buy).
About the Property
A 1 bedroom apartment, includes the following specification:
Kitchen
- Woodbury white kitchen cupboard doors
- Copper slate worktop
- Matt nickel wide bow handle (HPK671)
- Washed salvage timber – Amtico spacia wood effect vinyl flooring
- Metro brick wall tiles
- Electrolux integrated cooker hood, Oven and electric hob
- Dishwasher, fridge freezer and washer/dryer
Bathroom
- Thermostatic shower over bath
- Glass shower screen
- Chrome towel rail
- Wall tiling to wet areas – Nube colour
- Washed salvage timber – Amtico spacia wood effect vinyl flooring
General
- Carpet – Grey partridge
- Gas central heating
- BT fibre broadband
- 1 car parking space
- Electric vehicle charging point
*We reserve the right to change the specification at any time.
**Spaces to be measured on completion of the homes
Please note that the imagery shown are CGIs – Guide only.
On your doorstep
Linmere is set amidst 90 acres of lush green spaces and beautifully landscaped parks. Right on your doorstep, you’ll find a variety of shops, including a Lidl, along with a children’s adventure playground and leisure facilities. At the heart of the community, The Farmstead welcomes everyone, offering a lively hub with shops, a café, and a community hall perfect for celebrations, classes, or business meetings.
For younger residents, the school, and open spaces provide endless opportunities for play and learning. These vibrant spaces are enjoyed by both the Linmere community and visitors alike.
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 10% 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 999 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
- A high specification kitchen with built in oven, hob & extractor hood
- Flooring provided throughout
- Gas central heating
- Parking for 1 car
- Easy access to major transport links
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document 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 50%, full price £195,000, £4,875 Min Deposit. Calculated using a representative rate of 5.03%
