Low-maintenance two-bed bungalow for retirees, close to station; lease length may limit lending..
- Over-55s two-bedroom terrace bungalow, single-storey layout
- 70% fixed equity shared ownership; monthly charge £74
- 631 sq ft; lounge/diner, kitchen, shower room
- Lease c.61 years remaining; lenders may refuse mortgages
- Small rear garden; low-maintenance outdoor space
- Very high local crime rate; area classified as deprived
- Walking distance to Bletchley station, shops and services
- Double glazing installed before 2002; some updating likely
A practical two-bedroom terrace bungalow in central Bletchley, offered for over-55s on a 70% fixed equity shared-ownership scheme. The single-storey layout, modest footprint (631 sq ft) and small rear garden suit downsizers seeking low-maintenance living close to shops and transport. Bletchley station and local amenities are within walking distance.
The property includes a lounge/diner, kitchen and shower room, gas central heating via boiler and radiators, and double glazing installed before 2002. Service charge is £74pcm (noted as below average) and the council tax band is low, keeping running costs reasonable for retirement budgets.
Important practical cautions: the lease has about 61 years remaining which may restrict mortgage options and could deter some lenders; buyers should obtain lender confirmation before committing. The area records very high crime and is classified as deprived, so prospective purchasers should view and research neighbourhood safety and support services.
Overall this bungalow offers straightforward, affordable retirement accommodation with good local access and low overheads, but it carries lease length and local-area considerations that need early investigation. Some cosmetic updating may be desirable given construction era and older glazing.
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