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2 bedroom apartment for sale

Available

Greensand View, Woburn Sands, Milton Keynes, MK17 8GR

£96,000 Shared Ownership Resale

Share percentage 40%, full price £240,000, £9,600 Min Deposit.

Available
2 bedrooms
1 Bathroom
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£96,000 Shared Ownership Resale

Share percentage 40%, full price £240,000

Monthly Cost: £1,143

Rent £465, Service charge £202, Mortgage £476*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
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Summary

A Fantastic Opportunity to Purchase a Two Bedroom Flat on a Shared Ownership (Part Buy/Part Rent) Basis

Description

No Onward Chain. An attractively-presented flat on the top (second) floor of a modern development. The property is rear (south-west) facing and has a reception/dining room with Juliette balcony to take advantage of the sunnier aspect. Double doors lead through to a good-sized kitchen. There is a spacious main bedroom plus a second, smaller, bedroom and a simple yet stylish bathroom. Well insulated walls and roof, double glazing and gas central heating all contribute towards a very good energy-efficiency rating. The flat comes with use of an allocated parking space and is around a fifteen minute drive from Milton Keynes city centre (Google Maps estimate) and walking distance to local schools. Alternatively, Woburn Sand Railway Station is just a short walk away.

SHARED OWNERSHIP (Advertised price represents 40% share. Full market value £240,000).

INTERESTED PARTIES ARE REQUIRED TO COMPLETE THE SHARED OWNERSHIP COMMON APPLICATION FORM [ https://tinyurl.com/ts5wyc5z]

(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)

Housing Association: Paradigm Homes.
Tenure: Leasehold (125 years less 3 days from 01/01/2012).
Minimum Share: 40% (£96,000). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £465.09 per month (subject to annual review).
Service Charge: £201.67 per month (subject to annual review).
Ground Rent: £132.71 for the year.
Guideline Minimum Income: Dual - £36,300 | Single - £42,600 (based on minimum share and 10% deposit).
Council Tax: Band B, Milton Keynes City Council. Priority is given to applicants living and/or working in this local authority.

This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone. Pets not permitted (except assistance animals).

Key Features
  • Guideline Minimum Deposit £9,600
  • Guide Min Income Dual £36.3k | Single £42.6k
  • Second (Top) Floor
  • Approx. 561 Sqft Gross Internal Area
  • Very Good Energy Efficiency Rating
  • Juliette Balcony
  • Parking Space
  • Minutes from Woburn Sands Station
Particulars

Tenure: Leasehold
Council Tax Band: B

Property Downloads
Floor Plan Brochure
Woburn Sands (0.14 miles) Aspley Guise (0.93 miles) Bow Brickhill (2.08 miles)
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Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.

£96,000
Shared Ownership Resale
Estimated Monthly Cost:£1,143
Rent £465
Service £202
Mortgage £476

Share percentage 40%, full price £240,000, £9,600 Min Deposit. Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Disclaimer
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.