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£137,500
Two bedroom, two bathroom apartment at Glebe Farm, which would suit sharers.
You can apply to buy the home if all of the following apply:
- your household income is £80,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
SHARED OWNERSHIP
Full market value - £250,000
You pay (55%) - £137,500
Monthly rent - £324.30
Monthly service charge - £216.86
Annual ground rent - N/A
Council Tax Band: B
250 year lease commenced September 2021 - 246 years remaining
Enter this apartment via a spacious hallway with two large storage cupboards and find the two double bedrooms to your right, the master with fitted wardrobe and en-suite. Follow the hallway into the large open plan living area with door to a private balcony. A contemporary family bathroom completes the accommodation , which comes with allocated parking.
The village of Glebe Farm, close to the large bustling town of Milton Keynes, is the perfect location for those looking to live in a quieter area, yet still desire an abundance of activities at their fingertips. There are a variety of shops, pubs and restaurants nearby. Milton Keynes provides Midsummer Boulevard which has some of the best shopping in town, as well as a theatre and Xscape leisure centre.
Woburn Sands mainline station is a 5 minute drive away, offering services to Bedford, and for drivers the M1 offers links to the North and South. Milton Keynes Central station also serves destinations across the country including London Euston, with journeys taking just over 30 minutes plus trains to Manchester, Leeds and Birmingham.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £46,734. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at November 2025.
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