Fixed price
£125,000
2 bed flat for saleSallow Field, Houghton Regis LU5
2 beds
2 baths
1 reception
- Shared ownership
- Leasehold
Penrose Estate Agents
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About this property
50% Shared ownership
Lease Approx. 995
Rent £383.31 pcm
Service charge approx. £100 pcm
Management fee £26.30 pcm
En-suite
Allocated parking
Open plan living
Excellent transport links
New Linmere Estate
Sallow Field, Houghton Regis
In the new Linmere Estate in Houghton Regis, this modern two-bedroom top floor apartment presents an exceptional opportunity for first-time buyers or those seeking an affordable route onto the property ladder through a 50% shared ownership scheme. Boasting a contemporary design and a highly desirable location, this property combines comfort, convenience, and connectivity.
Upon entering, you are greeted by a thoughtfully designed open-plan living area, creating a bright and airy space perfect for both relaxation and entertaining. The seamless flow between the living, dining, and kitchen zones enhances the sense of space and provides a versatile environment to suit various lifestyles. The kitchen area is well-appointed, offering a practical and stylish space.
The apartment features two generously sized bedrooms, providing comfortable private retreats. The master bedroom benefits from the added luxury of an en-suite bathroom, offering privacy and convenience. A second well-proportioned bedroom and a separate, contemporary family bathroom complete the accommodation, ensuring ample facilities for residents and guests alike. Both bathrooms are finished to a high standard, reflecting the overall quality of the property.
One of the significant advantages of this apartment is its 50% shared ownership model, making it an accessible option for many. The fixed listing price of £125,000 represents the share being sold. Prospective buyers should note the associated monthly costs, which include a rent of approximately £383.31 per calendar month, a service charge of approximately £100 per calendar month, and a management fee of £26.30 per calendar month. These figures provide a clear understanding of the ongoing financial commitment.
Further enhancing the appeal of this property is the inclusion of allocated parking, a highly sought-after feature in modern developments, ensuring convenience and peace of mind for vehicle owners. The leasehold tenure benefits from a substantial remaining lease term of approximately 995 years, offering long-term security and peace of mind for the homeowner.
The New Linmere Estate itself is a thriving community, designed with modern living in mind. Residents will appreciate the excellent transport links, providing easy access to surrounding towns, cities, and major road networks, making commuting straightforward. The estate is developing into a desirable residential area, offering a blend of green spaces, local amenities, and a welcoming atmosphere, perfect for individuals and families alike.
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More information
Tenure
Leasehold (994 years)
Service charge
£1,200 per year
Council tax band
A
Ground rent
£263
Ground rent date of next review