Silicon Court, Shenley Lodge, Milton Keynes, MK5

Property Details: - Type: Maisonette - Bedrooms: 1 - Bathrooms: 1

Agent: Purplebricks - Covering Milton Keynes Phone: 01908 051839

The Property<br/>*Modern split-level one-bed maisonette – The property is valued based on the 50% share and also includes recent improvements we have made, such as the brand-new, updated regulation-fitting front door that was recently installed.<br/><br/>Rarely available, this one-bedroom split-level maisonette is now offered for sale in the sought-after area of Shenley Lodge on the West side of Milton Keynes.<br/><br/>Located just a 5-minute walk from Furzton Lake, this property features an entrance hall, kitchen/diner, lounge, one bedroom, and a bathroom. Additional benefits include allocated parking in a quiet, private setting. The property is conveniently situated near local shops and amenities, as well as Central Milton Keynes, which offers a mainline station with links to London Euston.<br/><br/>Key Features:<br/>- Split-Level Maisonette<br/>- One Bedroom<br/>- Allocated Parking<br/>- Shenley Lodge<br/>- 50% Shared Ownership<br/><br/>Information provided by the sellers; buyers are advised to conduct their own checks.<br/><br/>Monthly Costs:<br/><br/>Admin Fee: £2.99<br/><br/>Building Insurance: £25.91<br/><br/>Caretaking (Cleaning/Upkeep): £18.63<br/><br/>Fire & Safety Inspections: £6.24<br/><br/>Communal Electrics Servicing: £1.60<br/><br/>Water System Management: £3.34<br/><br/>Total Per Month = £58.71<br/><br/>Yearly Cost:<br/><br/>£58.71 (monthly total) x 12 months = £704.52 per year<br/><br/>*In summary, the total monthly service charge is £58.71. This covers all the essentials like building insurance, cleaning of communal areas, and safety checks. <br/><br/>You would be purchasing our 50% share of the home. The other 50% is owned by the Council, and the £202.07 monthly payment is the rent you pay to them for their share. It's not a separate tenancy agreement; it's simply the standard structure for a shared ownership property.<br/><br/>An early viewing is highly recommended to avoid disappointment!<br/><br/><b>Property ownership information</b><br/><br/>Tenure: Shared ownership<br/><br/>Percentage share owned: 50%<br/><br/>Additional monthly rent: £202.07<br/><br/>Ground rent review period: No review period<br/><br/>Service charge review period: No review period<br/><br/>Lease end date: 16/02/2111<br/><br/>Property Description Disclaimer<p>This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.</p><p>Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.</p><br/>