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2 bed flat for sale

£95,375 Shared ownership

Harvard Way, Oakgrove, Milton Keynes MK10

2 2

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Interested in this property? Call +44 1908 942975 * or Request Details

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Property description

Two Bedroom Ground Floor Apartments
Plots 4109,4110,4035 and 4038

Our 2-bedroom apartments at Acorn Lodge feature a long hallway leading to a large open-plan living room/kitchen, from which a large outdoor terrace is accessible. Two double bedrooms are provided, and the large master bedroom includes both an en suite bathroom and a built-in wardrobe.

Full Market Value: £272,500
Minimum Share: 35%
Share Value: £95,375

Rent pcm: £405.91
Estimated Service Charge pcm: £44

Specification

Oakgrove properties come with a selection of high-end modern fittings and finishes as standard, alongside a range of energyefficient measures to lower your bills and protect the environment.

We also provide you with fully fitted kitchen units and selected appliances, while in the bathroom, components have been chosen to create a light and relaxed atmosphere. Contemporary living spaces are also fitted with TV and telephone points for your convenience.

Finally, each property is tastefully decorated in a timeless fashion – which makes it easier to alter elements according to your own decorative style.

Kitchen
Fully fitted kitchen units are provided with 40mm post-formed worktops and 100mm upstands. The sink is a one-and-a-half bowl stainless steel model with chrome monoblock mixer lever tap. Lighting comes from a chrome track with spotlights, a cornice and lighting plinth, and under-cabinet lighting.

Appliances
Your kitchen comes fully fitted with a range of new appliances including a Bosch fridge/freezer, washer/ dryer, stainless steel chimney hood, single electric oven & electric hob (to flats) or gas (to houses). A stainless steel splashback is also provided for the hob.

Bathroom
A full bathroom suite is included with a heated ladder towel rail and large mirror over the basin. Waterefficient taps, toilets and showers are fitted with full-height tiling around shower and screen. There is a two-course tile splashback to the basin, which is fitted with a mono tap and shaver light socket.

Flooring
Your home is carpeted to non wet rooms with 80/20 wool twist carpet for comfort and durability. Kitchen and bathroom are fitted with Griptex cushioned vinyl flooring for added grip.

Electrical
Electrical fittings are white switches throughout with ample double socket outlets to every room. At least 75% of all lighting in your home is energy-efficient. Mainspowered smoke/heat detectors are provided with a battery backup, and BT/TV/Sky+ points are installed in the living room and all bedrooms. Apartments also have an audio entry system to the main communal entrance.

Fixtures
External doors and windows are grey/white PVC with chrome fittings, while internal doors are Dekador oak models. Window boards and doorframes have a white satinwood paint finish, while ceilings are in pure brilliant white and walls in emulsion.

Welcome to Oakgrove Village

Oakgrove Village is an attractive new development of modern homes near Milton Keynes in Buckinghamshire, available for Shared Ownership. Part of a superb neighbourhood community with
purpose-built amenities, and right next to the beautiful Ouzel Valley wildlife park, Oakgrove is the perfect place to relax. The vibrant city of Milton Keynes is on your doorstep, combining all the benefits of modern living with proximity to London, which you can reach by train in just 35 minutes. And with a range of 1- and 2-bedroom apartments alongside 4-bedroom houses, Oakgrove Village has something for everyone – singles, couples, or families.

About the area
Milton Keynes is an energetic modern city in the heart of the South East, developed out of the ancient Milton Keynes Village and the surrounding towns of Bletchley, Wolverton, Newport Pagnell, and Stony Stratford.

Today, Milton Keynes is one of the fastest-growing cities for both startups and big business: Santander and Network Rail are major employers here, and the city is also home to the UK headquarters of Mercedes-Benz, Volkswagen, Argos, and Yamaha Kemble.

As a resident of Oakgrove Village, everything you need will be on your doorstep. Oakgrove has a new public square with a range of shops including a Waitrose supermarket, a Costa Coffee, a
Metro bank, and a dentist. You are also very close to Middleton – the ancient Milton Keynes Village – which has a doctor’s surgery, a church and the popular Swan Inn. For education, the area is very well served: Middleton Primary School and Oakgrove School (rated ‘Outstanding’ by Ofsted in 2013 and now having both primary and secondary provision) are both only a few minutes’ walk away. Schools in Milton Keynes have overall results above the national average, and access to grammar schools in Buckingham and Aylesbury is also possible.

In the centre of Milton Keynes, you can take advantage of main shopping areas Midsummer Place and centre:Mk, which offer a huge array of high-street and luxury brands. Milton Keynes is also home to some great venues, with the Milton Keynes Theatre complex, the open-air National Bowl (for largescale events), and Wavendon’s The Stables, founded by jazz legends Cleo Laine and Johnny Dankworth – now ranked as one of the uk’s top 10 music venues. If you prefer the outdoors, Ouzel Valley Park has sailing, picnic areas, and kayaking, while Willen Lake offers boat racing and windsurfing. However you like to relax, there’s something for everyone near Oakgrove Village.

About the site
Our Shared Ownership properties are situated within a wider development of new homes.

Accessed from Harvard Way, which connects to the wider Milton Keynes road network via Chaffron Way, the properties are situated within different parts of the wider development. 1- and 2-bedroom properties are split between Acorn Lodge and The Bell Apartments, while 4-bedroom houses are accessed via Flowers Mews and Titan Terrace, which can also be accessed via Atlas Way to the east.

The development is arranged around a main access road, Harvard Way, with the wildlife corridor running along the southern edge. Trees are planted along all roads, creating a leafy neighbourhood atmosphere. A new play area will also be located near the footpath to Woolstone on the edge of the development, which will include a range of activities for children under the age of eight

Shared Ownership

What is Shared Ownership?
Shared Ownership is an excellent way for people who are unable to buy on the open market to take their first step onto the property ladder. Under most Shared Ownership schemes, you buy a share of between 25% and 75% of the property’s value and pay a subsidised rent on the remaining share. A key advantage is that, as part-owner, you have a stability of tenure that renting cannot offer. Over time, you can usually buy more of the property until you own 100%.

You will need a small deposit at the outset – generally a minimum of 5% of your share, subject to conditions – and you will need to raise a mortgage on the rest of the sum required.

Am I eligible?
There are certain conditions to be eligible for a Shared Ownership property:
• Your annual household income must be no more than £80,000 (for London boroughs this is £90,000).
• You must be unable to purchase a home suitable for your needs without assistance.
• You must not have any outstanding credit issues (i.E. Unsatisfied defaults or county court judgements).
• You must be a first-time buyer. If you already own a home and need to move but cannot afford to, or you have equity from a recent sale, please contact us, as there are some circumstances under which you may still be eligible.

If we think you may be eligible, you will be asked to have a free financial assessment with a Shared Ownership mortgage specialist to find out what share you can afford to buy. You will also be asked to complete an application form with the local Help to Buy agent. Sometimes you may need to be registered with your Local Authority. Specific criteria will be detailed on the information for each property

Property info

Floorplan(s): Floorplan 1

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Market activity
Average price paid £325,929 Sales 328 Current average value £331,197 (Zoopla Zed-Index) Value change £6,790 ▲ 2.09%

Property value data/graphs for MK10

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £440,252 £293 4.1 £450,759
Semi-detached £304,326 £294 3.2 £321,861
Terraced £271,500 £281 3.0 £282,585
Flats £188,837 £269 1.9 £183,161

Current asking prices in MK10

Average: £394,589
Avg. current asking prices in MK10
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £230,062
(8)
£340,232
(15)
£454,553
(77)
£522,862
(23)
Flats £181,570
(7)
£214,268
(30)
£277,500
(2)
- -
All £181,570
(7)
£217,593
(38)
£332,852
(17)
£454,553
(77)
£522,862
(23)

Current asking rents in MK10

Average: £1,098 pcm
Avg. current asking prices in MK10
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £487 pcm
(5)
£1,099 pcm
(3)
£1,243 pcm
(8)
£1,373 pcm
(6)
£1,765 pcm
(3)
Flats £711 pcm
(8)
£1,046 pcm
(8)
£1,148 pcm
(2)
- -
All £625 pcm
(13)
£1,061 pcm
(11)
£1,224 pcm
(10)
£1,373 pcm
(6)
£1,765 pcm
(3)

Fun facts for MK10

Highest value in MK10
Highest value streets Zed-Index
Worrelle Avenue £781,166
Ferranti Place £708,241
Kingsoe Leys £627,966
Broughton £619,566
Campania Close £586,522
Highest turnover in MK10
Highest turnover streets Turnover
Carmania Circle 78.3%
Stonebridge Grove 63.0%
Ulverston Crescent 46.4%
Goodrington Place 42.9%
Kelling Way 41.4%

What Zoopla users think of Milton Keynes

Overall rating:

  • currently 4 stars
Very good - 83% (43 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Milton Keynes:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Milton Keynes Central (2.4 miles)
  • Bow Brickhill (2.7 miles)
  • Fenny Stratford (2.8 miles)
  • London Luton Airport (18.8 miles)
  • Coventry Airport (39.5 miles)
  • London Heathrow Airport (40.5 miles)
  • Kew Pier (42.5 miles)
  • Richmond St. Helena Pier (43.9 miles)
  • Richmond Landing Stage (44.0 miles)

Nearby schools

View all schools in Milton Keynes
  • Middleton Primary School (0.3 miles)
  • St Bernadette's Catholic Primary School (0.6 miles)
  • Shepherdswell Academy (0.6 miles)
  • Stephenson Academy (2.5 miles)
  • Vandyke Upper School and Community College (8.4 miles)
  • Wootton Upper School (8.5 miles)
  • Oakgrove School (0.4 miles)
  • The Redway School (1.2 miles)
  • The Milton Keynes Academy (1.6 miles)
Note: Distances are straight line measurements

Local info for Milton Keynes

About the neighbours in MK10

AskMe Q&A for Milton Keynes

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For more information about this property, please contact
Clarion Housing - Oakgrove Village, MK10 on +44 1908 942975 * (local rate)

Monthly running costs Beta

£563 Monthly total

Mortgage

Purchase price
Deposit (10%) 9,537
Repayment term 25
Interest rate 1.5
Your payment £343 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £23/mo (£280/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £22 Electricity £32 Estimated energy cost £54/mo

Similar properties could save up to £185

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7000 kWh/year
Electricity: 2500 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Milton Keynes

Estimated tax band A Council tax cost £105 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £16 Sewerage £22 Estimated water cost £38 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Clarion Housing - Oakgrove Village about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Clarion Housing - Oakgrove Village, and do not constitute property particulars. Please contact Clarion Housing - Oakgrove Village for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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