£103,500

This 2 bedroom ground floor apartment is situated in Houghton Regis, Bedfordshire, and is available to purchase through shared ownership.

Full Market Value: £230,000

Share Available: 45%

Monthly Rent: £337.01

Monthly Service Charge: £118.02

Remaining Lease Term: 120 years

About the Property

This property is comprised of:

Ground Floor:

Lounge/ diner

Kitchen

Bathroom

Bedroom 1

Bedroom 2

Large cupboard

Outside:

Allocated parking

About the Area

Houghton Regis is a market town and civil parish in Bedfordshire, East of England. The parish is located in Central Bedfordshire, and neighbours Dunstable. Houghton Regis has a great range of local amenities, including supermarkets such as Lidl and Morrisons, many pubs and restaurants, several primary and secondary schools, community centres, parks, open spaces, and sports facilities.

Houghton Regis Town Council organises several regular free events every year. These include Pancake Race, Easter Egg Hunt, May Fayre, Carnival, Classic and Vintage Car Show, the latter replaced by Houghton Rocks from 2016 which included the Classic cars and a boot sale with fairground.

The town benefits from excellent transport links with the M1 connecting London to Leeds and the A5 providing north-south access.

The Greenway and the route through Dunstable and Houghton Regis forms part of National Route 6 of the National Cycle Network. This provides walking and cycling routes between Milton Keynes, Luton and London. The Luton to Dunstable Busway guided bus system connects Houghton Regis to Dunstable, Luton town centre, nearby train stations Leagrave and Luton – with links to London) and London Luton Airport via a dedicated, traffic-free route.

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.