Summary - 55 OTTERBURN CRESCENT OAKHILL MILTON KEYNES MK5 6LY
2 bed 2 bath Apartment
Shared-ownership ground-floor apartment — 70% fixed equity, no rent or premium..
- 70% fixed-equity shared ownership; no rent or premium
- Ground-floor apartment with private patio and communal grounds
- Two double bedrooms; main bedroom with en-suite shower
- Allocated off-street parking; modern block (2003–2006)
- 103 years remaining on lease; leasehold tenure
- Service charge ~£2,016pa and ground rent £150pa
- EPC C; mains gas central heating and double glazing
- Fast broadband; nearby good and outstanding schools
A practical ground-floor two-bedroom apartment offered on a 70% fixed-equity shared ownership basis — no rent or premium — ideal for first-time buyers or downsizers seeking low-maintenance living. Located in a modern, well-kept block (constructed 2003–2006) the home has two double bedrooms including an en-suite, a spacious living room with French doors to a Juliet balcony, and a patio with direct access to communal grounds.
The layout is single-storey and straightforward, with a kitchen/breakfast area, good built-in storage and allocated off-street parking. Comfortable mains gas central heating, double glazing and an EPC rating of C make this a sensible, efficient home. Broadband speeds are fast and the neighbourhood is described as affluent with nearby amenities and several well-rated schools within reach.
Important tenure and cost facts: this is a leasehold shared ownership property with 103 years remaining on the lease. Annual service charge is listed at around 2,016 and ground rent is small at £150. Council Tax band B applies. Buyers should note these ongoing costs and the shared-ownership terms before committing.
Overall this apartment suits someone wanting a manageable, ready-to-live-in home close to local shops and transport. It offers a sensible entry route onto the housing ladder or a low-maintenance step down in size, provided buyers are comfortable with leasehold/shared-ownership arrangements and the stated service charges.
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