Shared ownership

1/15

Shared ownership

1/15

£96,000

Asking price

2 bed flat for sale Flat 5, 242 Fen Street, Milton Keynes, Brooklands, MK10 7JJ

2 beds 1 bath Flat / Apartment

40% share · about £240,000 full value Leasehold

Added on 09/09/2026

About this property

An excellent opportunity for first-time buyers looking to take their first step onto the property ladder, this beautifully presented two double bedroom top-floor apartment offers bright, modern and well-proportioned accommodation within the popular Brooklands development.

The heart of the home is the impressive open-plan kitchen, dining and living area, creating a fantastic sociable space for both relaxing and entertaining. Filled with an abundance of natural light, the living area feels bright and welcoming, while the contemporary kitchen is fitted with a range of modern units and a selection of integrated appliances, providing a stylish yet practical space for everyday living.

Key features

40% Shared ownership with Paradigm
Perfect opportunity to get onto the property ladder
Selection of integrated appliances
Approximately 118 years remaining on the lease
Local shops and everyday amenities nearby
Ground rent approximately £150 per annum
Combined rent and service charge approximately £555.07 per month
Viewing highly recommended
Wide range of shops and amenities nearby
Fantastic opportunity to secure a home in Brooklands

Energy performance

B 83

Current

Potential

92+

81-91

83 B

69-80

55-68

39-54

21-38

1-20

This home is rated band B, scoring 83 out of 100. The average British home is band D.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

Location

Flat 5, 242 Fen Street, Milton Keynes, Brooklands, MK10 7JJ

Open map Street View

Council tax: Band B (Approx £1,845/year)

Mortgage and stamp duty

Property price £96,000

£48k £144k

Deposit10% £10,000

£0 £96k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £86,000 mortgage. Most lenders would want a household income of about £20,000 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.

Historic sold prices nearby

HM Land Registry sales in MK10 7JJ. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 5, 248, Fen Street Flat / maisonette	Flat / maisonette	Jan 2025	775 sq ft £244/sq ft	775 sq ft	£244	£189,000
Flat 18, 248, Fen Street Flat / maisonette	Flat / maisonette	Apr 2024	549 sq ft £98/sq ft	549 sq ft	£98	£53,750
Flat 3, 242, Fen Street Flat / maisonette	Flat / maisonette	Dec 2023	635 sq ft £151/sq ft	635 sq ft	£151	£96,000
238, Fen Street Flat / maisonette	Flat / maisonette	Oct 2023	506 sq ft £198/sq ft	506 sq ft	£198	£100,000
218, Fen Street Flat / maisonette	Flat / maisonette	Jul 2022	506 sq ft £376/sq ft	506 sq ft	£376	£190,000
Flat 20, 248, Fen Street Flat / maisonette · new build	Flat / maisonette · new build	Apr 2022	775 sq ft £87/sq ft	775 sq ft	£87	£67,500
Flat 10, 248, Fen Street Flat / maisonette · new build	Flat / maisonette · new build	Apr 2022	549 sq ft £170/sq ft	549 sq ft	£170	£93,375
Flat 4, 248, Fen Street Flat / maisonette · new build	Flat / maisonette · new build	Apr 2022	—	—	—	£82,000