Affordable 45% share one-bedroom with balcony and parking, chain free.
45% shared ownership — affordable entry to property market
A bright one-bedroom upper-floor apartment in Brooklands, offered as a 45% shared ownership slice — an affordable route onto the Milton Keynes market. The home has an open-plan living/dining/kitchen with double doors to a balcony, a double bedroom with fitted wardrobes and a family bathroom. An allocated off-street parking space and good M1 access suit commuting first-time buyers.
Practical running costs are clear: a monthly rent of £210 on the unsold share, an average service charge of £1,320, and a very cheap council tax band. The flat sits on a long lease (approx. 110 years remaining) and benefits from mains gas central heating, double glazing and contemporary apartment-block construction from the mid-2000s.
Important drawbacks to note: this is a shared-ownership, leasehold property — you own 45% and will pay rent on the remainder, which affects onward sale options and mortgage choices. There are ongoing service charges and communal maintenance obligations. The apartment is an upper floor flat accessed by stairs from a communal entrance, which may not suit those needing step-free access.
This property is best for first-time buyers seeking a practical, well-located starter home with low entry cost and easy commuting links. It also works for buyers wanting a manageable refurbishment project to personalise the space, though any changes should follow lease and building-management rules.
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