1 bed flat for sale

Bongrace Walk, Luton, Bedfordshire LU4

50% share | excellent condition | parking | commuter friendly

This stylish and contemporary one-bedroom flat offers an excellent opportunity to step onto the property ladder through a 50% shared ownership scheme. Located in a sought-after development, the property is perfect for first-time buyers or those looking for an affordable yet modern home.

The flat features a spacious open-plan living and dining area with large windows, creating a bright and welcoming space. The fully fitted kitchen is equipped with modern appliances, providing functionality and style. The bedroom is generously sized, offering a tranquil retreat, while the sleek bathroom is designed with quality finishes.

Additional benefits include allocated parking, secure entry, and access to communal areas. The location is ideal, with convenient transport links, local amenities, and green spaces nearby. Affordable and thoughtfully designed, this property is a fantastic opportunity to enjoy modern living at a fraction of the cost.

**The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.**

Full Market Value: £180,000
50% Share Price: £90,000
Rent on un-owned share: £230.73 pcm
Estimated Service Charge: £96 pcm
Estimated Ground Rent: £150 per annum