SHARED OWNERSHIP apartments available to purchase from a 25% share at the Milliners Place development.
Price shown represents a 25% share at 42,500 with a deposit of 2,125. Full market value 170,000.
Ground, First, and Second floor apartments available, from 25% share to 100% full share.
This is an exclusive development by Paradigm Living of high specification 1 & 2 bedroom apartments in a highly desirable location, and benefit from large windows and fully fitted kitchens. Set in a vibrant and bustling community which offers a host of diverse shops and restaurants close by as well nearby lakes and woodlands to explore. Apartments at Milliners Place have been cleverly designed with style, space and comfort as the main priorities.
This particular plot is a 1-bedroom ground floor apartment, comprising of an inviting entrance which leads to hallway with built in storage. The kitchen/lounge/diner offers a room with plenty of space for relaxing and entertaining.
The kitchens are fully fitted with Symphony units of high quality with soft close units which are complemented by a laminate upstand and enhanced by downlighters. Included as standard are a Zanuzzi built in single oven, electric hob and extractor hood as well as a freestanding Zanuzzi fridge freezer and washer dryer. The kitchen is completed with Moduleo flooring.
The bathrooms are fitted with modern sanitary ware including a shower-over-bath, and down lighters finished with fully tiled walls, and Moduleo flooring.
The Lounge area and bedrooms are light and airy, with carpets included here, and throughout the rest of the apartment too. Externally there is parking included.
Full market value: 170,000
25% share value: 42,500
5% deposit: 2,125
Rent charged on unowned share: 2.75%
Rent on unowned share (25%): 292.19
Estimated monthly service charges: 70.18
Leagrave is a former village and now a suburb of Luton in Bedfordshire in the northwest of the town. Leagrave & Luton have all the amenities and services you could want, including the high street of brand & local shops, leisure facilities, and excellent transport links.
Due to its 35-minute connection by train from Leagrave station into London it is home to significant numbers of commuters, with almost two million using the train station each year.
Much of the land around the old Marsh Farmhouse (which gives its name to neighbouring Marsh Farm) as well as Leagrave Common is now part of Leagrave Park. The park provides contains a number of different areas including sports pitches, native woodland habitat, wildlife areas, river and wetland areas and links to the historic environment.
Milliners Place is ideal for commuters, with connections to London, Milton Keynes and the North via the M1, the A5, M25 and M40.
There are also two train stations just a couple of miles away; whisking you from to London St Pancras in just 28 minutes. For global travel links, Luton Airport is just under 4 miles away - close enough for quick access to international destinations but far enough away as to not cause any disturbance.
Leagrave train station: 1.2 miles
Luton town centre: 3 miles
Luton airport: 4.8 miles
Milton Keynes: 20 miles
Bedford: 21 miles
What is Shared Ownership?
If you can't afford the mortgage on 100% of a home, Shared Ownership offers you the chance to buy a share of your home (from 25%) and pay rent on the remaining share.
Later on, you could buy bigger shares when you can afford to and, if you chose, own the property outright. Monthly costs to purchase via Shared Ownership are generally less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
Terms & Conditions
Images shown are for illustrative purposes only. Elevations may vary. The prices shown are correct at the time of being published but are subject to change without prior notice; please contact our office for accurate price information. The dimensions shown are approximate and the precise measurements may vary.
Every effort has been taken to ensure the information provided here is accurate however, particulars regarding local amenities and their distances are for general guidance only. Where schools and other educational facilities are mentioned they are intended to highlight their distance from the development and don't represent a guarantee of admission or eligibility. Travel times and distances assume journeys are made by car. Times are likely to vary according to travel conditions and time of day.
All internal photos are taken from the houses built by paradigm, these are only to give a representation of the specification and finished product of the apartments and do not reflect individual plots.
Please note price listed is using the shared ownership scheme at 25%