Stockwood Gardens, 1-2 bed homes
Stockwood Gardens, Luton, is made up of 1 & 2 bedroom homes now available through part buy-part rent.
Local area information
Stockwood Gardens will provide a total of 340 high-specification one and two-bedroom apartments with homes dispersed across 11 individual residential blocks.
Stockwood Gardens will be designed to make you feel at home, with picturesque views of the beautiful Stockwood Park, the local golf course and rugby club. You’ll love spending time in in the communal gardens, where you’ll be able to unwind, meet your neighbours.
*Images are for illustrative purposes only. Please speak to Sales Adviser for full details*
**Prices vary across plots please speak to a sales advisor for more information**
Min share price from: £90,000 for a 50% share
Full price from: £180,000
Minimum deposit from: £4,500
There are 2 available ranging from £90,000 for a 50% share to £112,500 for a 50% share.
It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.
An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.
Leasehold, which is essentially the contract for the share you've bought.
It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.
Your solicitor can help you with this.