Fells Paddock, Marston Moretaine, Bedford

Shared Ownership

This superb modern home is available to buy from as little as £116,000 with a 40% share!

Set within a modern residential development in the popular village of Marston Moretaine, this well-presented home offers stylish, low-maintenance living ideal for first-time buyers, downsizers, or investors alike.
The ground floor is arranged around a bright and sociable open-plan living space, combining kitchen, dining and seating areas to create a practical hub for everyday life and entertaining. The contemporary kitchen is thoughtfully laid out with ample storage and work surfaces, while the overall layout allows for flexible furniture arrangements and a comfortable flow throughout. A convenient cloakroom and entrance hall complete the ground level.
Upstairs, the property provides two well-proportioned bedrooms along with a modern family bathroom finished in a clean, neutral style. The layout is designed to maximise usable space while maintaining a light and airy feel across the floor.
Outside, the home benefits from its position within a well-kept neighbourhood, close to local amenities, green spaces and transport links. To the rear is a private garden and at the front there is side by side driveway parking for two cars.

Marston Moretaine is a well-connected and growing village that offers an excellent balance of countryside surroundings and everyday convenience. The property is within easy reach of local shops, cafés, takeaways and essential services, while nearby larger supermarkets and retail options can be found in surrounding towns. The village also benefits from green open spaces, walking routes and leisure facilities, making it attractive for both families and professionals.
For commuters, the location is particularly practical, with good road access to the A421 linking to the M1, Milton Keynes and Bedford. Rail services are available from nearby stations including Lidlington and Millbrook, while Bedford station provides fast connections into London. Regular bus routes also serve the area, helping to make this a convenient base for travel across Bedfordshire and beyond.


PRICING & AFFORDABILITY

Full Market Value: £290,000

40% Share Price: £116,000 (rent £450.97 pcm)
Minimum 5% Mortgage Deposit (% share): £5,800
Approximate Service Charges: £22.70 pcm*
Lease: 92 years

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for40 a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

** This home can also be purchased outright (100% of the value) which is £290,000 and a purchaser would not need to meet the eligibility criteria listed above.