45% shared ownership — 120 years remaining on the lease
No upper chain, ready for immediate occupation
Allocated off-street parking and secure bike/bin store
Open-plan living with park-facing views and integrated kitchen
Fixtures and fittings payment required £3,000 on completion
Average service charge £3,841.32 (annual); rent & SC ≈ £320.86 pcm
Ground rent £150 per annum
570 sq ft one-bedroom apartment, mains gas heating
This bright one-bedroom 1st-floor apartment in Ellerman Square offers a well-presented, move-in-ready home on a 45% shared ownership basis. The open-plan living room faces landscaped parkland, delivering pleasant outlooks and plenty of natural light. Allocated parking, secure bike/bin stores and contemporary communal areas add practical convenience for daily life.
Ideal for first-time buyers and commuters, the property sits close to major routes, Central Milton Keynes and local rail links. Nearby schools include outstanding and good-rated primaries and secondaries, and green spaces such as Broughton Brook and linear parks are within walking distance. The flat measures about 570 sq ft and benefits from mains gas central heating with a modern boiler and radiators.
Buyers should note this is 45% shared ownership with a lease of 120 years remaining. There is a required fixtures and fittings payment of £3,000, an annual ground rent of £150 and an average service charge of £3,841.32. Rent and service charge are also quoted at approximately £320.86 per month. These ongoing costs affect overall affordability and should be reviewed alongside mortgage and shared-ownership eligibility.
Overall, this apartment is a practical, low-effort purchase for a buyer wanting an entry into Milton Keynes with good transport links and pleasant park views. The shared-ownership structure and service charges are the main financial considerations for prospective purchasers.
