Initial price	£170,000
08/11/24	£165,000
19/06/25	£160,000
Price Change	-5.88%

This modern one-bedroom ground floor apartment is available for first-time buyers at 10% below market value. The property has been well-maintained by its current owners, allowing a seamless move-in for the new buyer. Located in the Fairfields area of Milton Keynes, it's just a short walk to the charming town of Stony Stratford and has easy access to major commuting routes, local shops, schools, and parks. The apartment features a spacious open-plan lounge/diner/kitchen with a Juliet balcony, a large double bedroom, and a bathroom. Externally, it offers allocated and visitor parking. The property is part of a reduced-cost scheme, where the buyer purchases 90% of the market value and does not pay rent on the remaining 10%. There is a covenant on the title that the property can only be occupied by the owner and not used as a buy-to-let or left empty. The lease has 118 years remaining, and the ground rent and service charge are £300 and £1,500 per year, respectively.