Shared ownership

1/19

Shared ownership

1/19

2 bed house for sale Redwood Gate, Shenley Lodge, MK5

Shared ownership

£132,500

Added on 24/09/2026

50% share · about £265,000 full value

Type: Semi-detached
Bedrooms: 2
Bathrooms: 1
Size: £201 per sq ft
Tenure: Leasehold

Key features

50% SHARED OWNERSHIP
£10,000 PREMIUM
TWO BEDROOM
£307.26 RENT AND SERVICE CHARGE
GREAT FIRST TIME BUYER
LOW MAINTENANCE GARDEN

About this property

Upon entering, you are greeted by a welcoming entrance hall that leads into the primary living spaces. The spacious lounge is filled with natural light from double-glazed windows on the front and side. Equipped with TV and telephone points, it serves as a perfect space for relaxation or entertaining guests, with a convenient door leading to the stylish kitchen/diner.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,581
Band B

£1,845
Band C

£2,109
Band D

£2,372
Band E

£2,899
Band F

£3,427
Band G

£3,954
Band H

£4,744

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Milton Keynes, 2026/27 bills run from £1,581 a year in band A to £4,744 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Milton Keynes, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Redwood Gate, Shenley Lodge, MK5

Open map Street View

Mortgage and stamp duty

Property price £132,500

£66k £199k

Deposit10% £13,000

£0 £133k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £119,500 mortgage. Most lenders would want a household income of about £27,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
13, Redwood Gate Semi-detached	Semi-detached	May 2022	452 sq ft £190/sq ft	452 sq ft	£190	£86,000
15, Redwood Gate Semi-detached	Semi-detached	Oct 2021	624 sq ft £208/sq ft	624 sq ft	£208	£130,000
15, Redwood Gate Semi-detached	Semi-detached	Dec 2018	624 sq ft £184/sq ft	624 sq ft	£184	£115,000
9, Redwood Gate Semi-detached	Semi-detached	Jul 2018	624 sq ft £115/sq ft	624 sq ft	£115	£72,000
5, Redwood Gate Semi-detached	Semi-detached	Aug 2017	915 sq ft £138/sq ft	915 sq ft	£138	£126,000
15, Redwood Gate Semi-detached	Semi-detached	Jul 2014	624 sq ft £140/sq ft	624 sq ft	£140	£87,500
1b, Redwood Gate Detached	Detached	Mar 2010	1,356 sq ft £184/sq ft	1,356 sq ft	£184	£250,000
9, Redwood Gate Flat / maisonette	Flat / maisonette	Feb 2010	624 sq ft £75/sq ft	624 sq ft	£75	£47,000