2 bed flat for sale

Collie Place, Houghton Regis, Dunstable LU5

Property number 53532. Enquire through Zoopla's messaging system and we'll respond within 5 minutes, 24/7

Shared Ownership Opportunity Stylish 2 Bedroom 2nd Floor Apartment

55% Share Available for £143,000 Full Market Value £260,000

An excellent opportunity to purchase a beautifully presented two-bedroom top-floor apartment in a sought-after modern development. Available through shared ownership, this property is ideal for first-time buyers, couples, or anyone looking to enjoy life in a clean, well-maintained, and welcoming community.

The apartment offers bright and spacious open-plan living, seamlessly combining the lounge, dining, and kitchen areas to create a contemporary and versatile living space. The modern fitted kitchen benefits from integrated appliances and ample worktop space, making it perfect for both everyday living and entertaining.

Patio doors from the living area open onto a private balcony, providing a peaceful spot to enjoy your morning coffee or relax after a busy day.

The property features two generously sized double bedrooms, offering flexibility for a guest room, home office, or additional storage. A stylish family bathroom with modern fittings completes the accommodation.

Further benefits include:

Allocated off-road parking

Private balcony

Modern fitted kitchen with integrated appliances

Spacious open-plan living area

Excellent storage space

Contemporary bathroom

Top-floor position

New-build development

Fantastic Local Amenities

The property is situated in a desirable and well-kept residential area with excellent local amenities just a short walk away. Residents can enjoy easy access to Tesco, cafés, Domino's Pizza, fish and chip shops, Cottage Chicken, and other everyday conveniences, all practically on the doorstep. The area is known for its clean surroundings, modern homes, and strong community feel, making it a wonderful place to live.

Shared Ownership Information:

The advertised price of £143,000 represents the purchase of a 55% share of the property. The full market value is £260,000. The remaining 45% share is owned by the Housing Association, with a monthly rent payable on that portion.

Prospective purchasers will be required to meet the Housing Association's eligibility criteria and obtain approval. Generally, applicants must:

Not have a household income exceeding £80,000 per annum

Meet the shared ownership affordability requirements

Satisfy the Housing Association's qualification criteria

There is also the option to purchase 100% ownership of the property at the full market value of £260,000, subject to eligibility and Housing Association requirements.

Additional Information

Ground Rent Review Period: No review period

Service Charge Review Period: No review period

All information should be verified by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. The current non-refundable cost is £80 including VAT per offer, payable to Lifetime Legal before a memorandum of sale can be issued.