Share percentage 35.00%, full price £405,000, £7,088 Deposit
Monthly Cost: £1,393
Rent £603,
Mortgage £790*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
AVAILABLE NOW - THREE BEDROOM HOUSES AT THE WHITEHOUSE PARK DEVELOPMENT IN MILTON KEYNES
Description
Whitehouse Park is an exciting new collection of three bedroom homes offering a refreshingly unique urban lifestyle, in a neighbourhood designed with modern residents in mind.
Conveniently located on the western edge of Milton Keynes and close to a range of transport options, it’s easier to discover more of the vibrant town from your base at Whitehouse Park.
Full Market Value: £405,000
Share Value: £141,750 (Based on a 35% share)
Monthly Rent: £603.28 (Based on a 35% share)
Monthly Service Charge: TBC
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 three-bedroom semi-detached includes the following specification:
Kitchen
- Woodbury gloss white cupboards
- Oak block worktop with upstand
- Built in Oven, gas hob & cooker hood
- Stainless steel splashback
- Vinyl flooring – Toledo D598
Bathroom
- Porcelonosa - Park Gris wall tiles to wet areas
- Thermostatic shower over bath
- Vinyl flooring – Toledo D598
- Ensuite to selected plots
General
- Carpets – Manhattan Taupe
- 2 x car spaces
- Gas central heating
- Private garden
- Outside tap to houses
- Solar panels
We reserve the right to change the specification at any time.
Please note that the imagery shown are CGIs – Guide only.
Live, connect, work
Whitehouse Park is set in an exclusive location with easy access to shops, restaurants, pubs and cafés in and around Milton Keynes. Life is connected
at Whitehouse Park to Central London’s parks, shopping, business districts and more, with direct trains to London Euston in just 32 minutes.
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
- High specification kitchen with built in oven, hob & cooker hood
- Flooring provided throughout
- Ensuite to Bedroom 1
- Gas central heating
- Private garden
- Two parking spaces
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan Brochure 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: Yes - Allocated
Outside Space/Garden: Yes - Private Garden
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 10%, full price £405,000, £2,025 Min Deposit. Calculated using a representative rate of 5.03%
