1 bed flat for sale

Bow Road, Brooklands MK10

* ground floor - 80% discounted scheme - own 100% of the property for 80% of the value * no rent payable * 115 years on the lease *

Urban & Rural Milton Keynes are excited to have received sole instructions in marketing this fantastic one double bedroom ground floor apartment which has been beautifully maintained throughout by its current loving owners allowing any purchaser to move straight in. The property is located on a new development within the highly regarded area of Brooklands. Brooklands is a modern development in North Buckinghamshire and is an extremely popular area of Milton Keynes. It offers many local amenities, some of which include Broughton Brook & Broughton Linear Park and local shops. Other beneficial factors include its ease of access being within close proximity to the M1 motorway, central Milton Keynes shopping centre, the local Rail Station and walking distance to excellent local schooling.

Brief internal accommodation comprises a communal entrance, entrance hallway with two storage cupboards, generous double bedroom, modern family bathroom and an open planned lounge/diner/kitchen with fitted appliances. Externally the property boasts allocated and visitor parking and a secure bike and bin store.

Council Tax Band: B
Tenure: Leasehold (115 years)
Ground Rent: £300 per year
Service Charge: Approx. £1700 per year

The property is under a 20% discounted scheme. This means you own 100% of the property, but only pay 80% of the full market value. When you then go to sell the property, you sell at 80% of the current market value at the time.