SNG SO, 44, Pomander Crescent, Milton Keynes, MK7 7NH

Shared Ownership This superb modern home is available to buy from as little as £62,500 with a 50% share!

A well-presented first-floor studio apartment offering bright and versatile living, ideal for first-time buyers.

The thoughtfully designed accommodation features a spacious open-plan living and sleeping area with direct access to a private balcony, creating a light and airy feel throughout.

The property also benefits from a separate fitted kitchen, a bathroom, and useful built-in storage in the entrance hall.

Externally, there is one allocated parking space along with visitor parking, adding further convenience for residents and guests.

Situated in a popular Milton Keynes location, the apartment is well placed for local amenities, transport links, and nearby green spaces.

Pricing & affordability Full Market Value: £125,000 50% Share Price: £62,500 (rent £122.85 pcm) Minimum 5% Mortgage Deposit: (50% share): £3,125 Approximate Service Charges: £68.81 pcm* Lease: Will be extended to 153 years on completion of the sale Eligibility Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property.

The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share.

The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria: • Your annual household income does not exceed £80,000 • You have a deposit of at least 5% of the share value • You do not own another property or have your name on the deeds or a mortgage for a property worldwide.

• This will be your only residence. • You are a permanent UK resident or have indefinite right to remain. *Service charges are estimated and may subject to change.

Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.