Silicon Court, Shenley Lodge, Milton Keynes, MK5

The Property
£85,000 for a 50% share, with no upper chain.

A bright and spacious one-bedroom split-level maisonette in Shenley Lodge, offering approximately 496 sq ft of accommodation, a private entrance, allocated parking and a location around five minutes’ walk from Furzton Lake.

The accommodation is arranged over two floors, giving the property a more distinct and private layout than a conventional single-level flat.

On the ground floor, there is a generously sized kitchen and dining room with space for a full-size dining table. The kitchen also benefits from a useful walk-in pantry, providing additional food and household storage.

The first floor contains a separate lounge with wide windows and a leafy outlook, a double bedroom with useful storage, and a bathroom.

The property is situated in an established residential area close to Furzton Lake, local shops, walking routes and everyday amenities. Central Milton Keynes and Milton Keynes Central station are also within easy reach.

The property has both gas and electricity. The gas boiler is discreetly located behind a fitted kitchen cupboard panel. The gas and electricity meters are positioned externally at ground-floor level.

Shared ownership information:

Share being sold: 50%

Price for the 50% share: £85,000

Monthly rent on the remaining 50% share: £202.07

Monthly service charge: £58.71

Total monthly rent and service charge: £260.78

Council Tax Band: A

Lease end date: 16 February 2111

Parking: Allocated parking

Chain: No upper chain

The service charge includes building insurance, cleaning and upkeep of communal areas, fire and safety inspections, communal electrical servicing and water-system management.

The property may be particularly suitable for a first-time buyer, individual or couple seeking a lower-cost route into home ownership in an established Milton Keynes location.

Shared ownership eligibility, affordability and approval requirements apply.

Property ownership information

Tenure: Shared ownership

Percentage share owned: 50%

Additional monthly rent: £202.07

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 16/02/2111

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required.