2 bedroom house for sale
14 Marcellus Way, Fairfields, MK11 4AD
Share percentage 50%, full price £340,000, £8,500 Min Deposit.
Share percentage 50%, full price £340,000, £8,500 Min Deposit
Monthly Cost: £1,216
Rent £259,
Service charge £33,
Mortgage £924*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Summary
Spacious, modern two-bedroom house now available in desirable Milton Keynes! With it's large open rooms, easy to maintain garden and 3 parking spaces what is not to love!?
Description
A well-maintained and spacious two-bedroom semi-detached home in the Fairfields development, Milton Keynes.
The ground floor features an open-plan kitchen, dining, and living area, with a downstairs cloakroom, rear lobby, entrance hall, and understairs storage. The kitchen includes integrated appliances: fridge/freezer, dishwasher, and washing machine.
Upstairs are two double bedrooms and a modern bathroom. The main bedroom fits a king-size bed comfortably.
Outside is a low-maintenance rear garden and a private driveway to the side with parking for up to three cars. An EV charger is installed.
Fairfields offers a primary school, Tesco Express, parks and play areas, and a community hub under development. Stony Stratford is within walking distance, with easy access to central Milton Keynes and the mainline train station.
These brief particulars have been prepared and are intended as a convenient guide to supplement an inspection or survey and do not form any part of an offer or contract. Their accuracy is not guaranteed. They contain statements of opinion and in some instances we have relied on information supplied by others. Design elements and specification details may change without notice. You should verify the particulars on your visit to the property and the particulars do not replace the need for a survey and appropriate enquiries. Accordingly, there shall be no liability as a result of any error or omission in the particulars or any information given. Further Information regarding Shared Ownership available on request.
Key Features
The Numbers
Full market value: £340,000
Shares from: 50%
Share value: £170,000
Monthly rent: £359.40
Monthly service charge: £33.26
*Please note that higher shares can be purchased as part of the sales process. The rent will be reduced accordingly.
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: C
Map
Material Information
Total rooms: 2
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Garden
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 50%, full price £340,000, £8,500 Min Deposit. Calculated using a representative rate of 4.78%
