2 bedroom house for sale
11 Rowditch Furlong, Milton Keynes, MK14 5FD
Share percentage 50%, full price £325,000, £16,250 Min Deposit.
Share percentage 50%, full price £325,000, £16,250 Min Deposit
Monthly Cost: £1,240
Rent £351,
Service charge £69,
Mortgage £820*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A fantastic end-terrace property with a private garden now available in Milton Keynes.
Description
In terms of local amenities, you'll find everything you need just moments from your doorstep. You’ll be just a 5-minute walk away from a Lidl store, making grocery shopping quick and convenient. The area also boasts a well-maintained playpark nearby, perfect for families or outdoor enthusiasts. For social outings, you'll find a variety of bars, restaurants, and cafes within easy reach, and just a short drive away, you'll discover the vibrant centre of Milton Keynes, offering an array of entertainment, shopping, and cultural activities. Whether you're relaxing at home or out enjoying the local area, this property provides an ideal setting for modern living.
- Private patio
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Resale Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Financial information
Tenure: Leasehold
Remaining lease term: 83 years
Annual ground rent amount: £0
Ground rent review period: No ground rent to pay until final staircasing.
Annual service charge amount: £822.12
Service charge review period: Annually
Council tax band: C
*Financial information correct as of 20/11/2024
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £325,000, £16,250 Min Deposit. Calculated using a representative rate of 4.59%
