Available

£103,500

Folkes Road, MK43 9BY
Share 45% / Full price £230,000 / Min deposit £5,175

Apartment
2 bedrooms
1 bathroom

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Eligibility

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.
Description

This 2-bedroom, second floor apartment is situated in Wootton, Bedfordshire and is available to purchase through the Shared Ownership scheme.

Full Market Value: £230,000

Share Available: £103,500

Monthly Rent: £305.36

Monthly Service Charge: £107.30

Remaining Lease Term: 119 years

About the Property

The home is comprised of:

An entrance hall with cupboard space and access to all rooms

Kitchen/Lounge/diner

Bedroom 1

Bedroom 2

Bathroom

About the Area

Wootton is a large village, situated approximately 5 miles south of Bedford town centre in a rural setting just of the A421 which provides excellent road links to Milton Keynes and the M1 motorway.

The village of Wootton offers plenty of amenities from pubs, takeaways, convenience stores, to a doctors surgery and library.

Bedford is the county town of Bedfordshire, England. The town has a population of around 80,000, and boasts an array of shops, pubs and leisure facilities; all in close proximity to this property! Also nearby is the beautiful River Ouse, popular for leisurely walks along it’s picture-postcard embankment. This property location is ideal if you work in the town centre or want to be within easy reach of everything Bedford has to offer.

Bedford is on the Midland Main Line, with stopping services to London and Brighton operated by Thameslink, and express services to London and the East Midlands operated by East Midlands Trains. Trains are available from Bedford Train Station to London St Pancras in approximately 38 minutes.

Beyond the town boundaries, the re-aligned A6 and the A421 Bedford southern bypass provide quick links from Wixams to the region’s major commuter routes, including the M1 and A1, while those travelling further afield will appreciate that Luton Airport is just a 30-minute drive away.

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. This property has a share available to purchase, and you will pay a subsidised rent on the remaining share, as displayed above. In the future you can purchase further shares in your home** or sell your share and move on.

*Properties are offered as leasehold.

**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.

Description

Property information & downloads

Key features

Material information

Key Information Document Floor plan Energy Certificate
Local area information
My Places Include travel time from key places

You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.

Domovo Asset Sales
Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
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£103,500 Shared Ownership Resale Full price £230,000
Estimated monthly cost £974
£

How is this calculated?

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