1 bedroom apartment for sale
Shetland Drive, Milton Keynes, MK8 8AB
Share percentage 40%, full price £195,000, £3,900 Min Deposit.
Share percentage 40%, full price £195,000, £3,900 Min Deposit.
Monthly Cost: £762
Rent £268,
Service charge £60,
Mortgage £434*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Buyers must have a local connection to the Milton Keynes District
Buyers must no exceed a household income of £80,000 p/a
Plots will only be secured with proof of finance and a Homes England Sign off sheet completed by a regulated broker.
Summary
New 1 Bedroom Apartments - Whitehouse Park
Description
A Chance to own a brand new 1 bedroom apartment on the new Whitehouse Park Estate in Milton Keynes. The property is situated for a 10 minute drive to central MK and easy access to train services towards London.
Example rent: 40% Share: £78,000 Rent p/m: 268.13 Service Charge £60 p/m (TBC)
DISCLAIMER:
Images, plans and development layouts are for illustrative purposes, should be used for general guidance only and are not intended to form part of any contract or warranty. Development layouts including house types and tenures, parking arrangements, play areas, landscaping and public open spaces are subject to change including any changes required due to a change in planning permission. Floor areas and floor plans are approximate and no measurements should be taken from plans. Specifications are subject to change and any items shown on plans should not be assumed to be included.
Key Features
New Build
Ready to Move in Early 2025
Allocated parking
Good transport links
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Map
Material Information
Total rooms:
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: Yes - Allocated
Outside Space/Garden: No
Year property was built: 2024
Unit size: 549 sq. ft
Communal lift: No
Accessible measures: No
Flooded within the last 5 years: No
Listed property: No
Heating: Gas Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: FTTC (Fiber to cabinet)
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 £195,000, £3,900 Min Deposit. Calculated using a representative rate of 5.03%
