Whitehouse, Milton Keynes, MK8

SHARED OWNERSHIP One bedroom apartment available to purchase from a 40% share at £86,600 with a deposit as little as £4,330. Maximum amount available to purchase initially is 75%. Full market value £216,500. A great opportunity to get onto the property ladder and live in this contemporary spacious one bedroom apartment.

Stepping into the welcoming entrance of the property you will notice that space hasn’t been compromised. Walking down the hallway to the bathroom includes contemporary white sanitaryware, wall tiling to the wet areas and full height tiling around the bath too. The kitchen/dining/living area is perfect for living and entertaining alike boasting over 6.3m in length and double French doors opening out to the Juliet balcony too! Alongside this impressive room you will find the master bedroom which is double in size and is also equipped with built-in wardrobes. Next to the front door we also have a handy cupboard which is perfect for your storage needs.

Externally the property benefits from a parking space, EV charger and bike storage.

Milton Keynes was designed in the 1960s as a low-rise, accessible city with abundant green space, and it has kept to that promise. Its tree-lined wide boulevards and lush parkland, stunning modern architecture and endless choice of activities and excitement make it a city like no other. It has a thriving economy too, particularly in the technology, finance, logistics and professional services sectors.

The city centre is about 9 minutes by car from the development. And whatever your age or inclinations, you’re bound to something to keep you interested and intrigued. There are theatres, galleries, museums and public art for culture lovers. Indoor sky diving and snowboarding for adrenaline addicts. Floating obstacle courses at Aqua Parcs. Wild swimming in Willen Lake. Some of the world’s greatest rock performances for music fans at National Bowl. The list is endless.

Financial Breakdown

Full market value: £216,500
40% share value: £86,600
5% deposit: £4,330
Rent charged on unowned share : 2.75%
Rent on unowned share (60%) : £297.69 per month

What is Shared Ownership?

If you can't afford the mortgage or deposit on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (between 25% and 75%) and pay rent on the remaining share. Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.

Note: Photos may be representative of a similar property but not be the one which the buyer may be purchasing. Descriptions may be a handed version of the plots themselves.