2 Bed Flat, Planning Permission, Milton Keynes, MK7 8FE £550,000

The contemporary kitchen is fitted with sleek high-gloss cabinetry, granite worktops, and integrated appliances, including a double oven and induction hob with a statement stainless steel extractor. The large island not only offers additional workspace and integrated storage, but also serves as a stylish breakfast bar—ideal for casual dining or socialising while entertaining.

The dedicated office space is beautifully designed, featuring bespoke cabinetry and abundant shelving — ideal for working from home in comfort and style. Elegant design features such as wood-effect flooring, stylish lighting, and glass-paneled stair balustrades enhance the sophisticated feel, while clever layout choices create defined zones for relaxing, dining, and working from home. In addition to the main living space, the apartment features a well-appointed utility room tucked neatly off the kitchen. This dedicated space offers ample storage and is ideal for laundry appliances, helping to keep the open-plan area clutter-free and beautifully organised. This floor is the heart of the home – effortlessly combining comfort, style, and breathtaking lakefront living.

The private balcony of this luxury penthouse is nothing short of breathtaking — a wraparound outdoor space that offers uninterrupted, elevated views over the tranquil waters of Caldecotte Lake. With stylish glass balustrades and plenty of room for seating and entertaining, it’s the perfect place to enjoy morning coffee, al fresco dining, or sunset drinks while soaking in the views. This unique vantage point combines peace, privacy, and a true connection to nature right from your own home.

Bedroom Suites;

Back downstairs, you’re welcomed into the stylish lower level of this beautifully designed duplex penthouse. This floor hosts two generously sized double bedroom suites, both of which feature their own sleek en-suite bathrooms for the utmost privacy and comfort.

The principal bedroom is a luxurious retreat with plush finishes, a spacious layout, and direct access to a private balcony overlooking the lake – the perfect morning wake-up view. The room features a luxurious ensuite bathroom, complete with both a walk-in shower and a bathtub, finished in sleek modern tiling. French doors open onto a private balcony that overlooks tranquil water views. A generous layout perfect for relaxation and comfort.

The secondary bedroom is equally impressive, offering ample space, and natural light with its own stunning outlook over the water. A further stylish and tranquil space, beautifully lit by natural light streaming through large windows that open onto serene water views. It features a sleek, modern ensuite with a spacious walk-in shower, elegant tiling, and high-end fixtures. The room offers a comfortable layout with contemporary décor, making it an ideal private retreat for guests or family.

A separate downstairs WC adds further convenience for guests, making this level both practical and indulgent, perfectly suited for restful living.

Your Local Area - Felsted, nestled near the scenic Caldecotte Lake in Milton Keynes, offers a desirable blend of natural beauty and convenience. The area boasts excellent local amenities including shops, cafes, and popular pubs such as The Caldecotte Arms, all within easy reach. Families benefit from highly rated schools like Middleton Primary School and local facilities such as The Caldecotte Xperience for outdoor learning and adventure. Felstead is exceptionally well-connected, with Milton Keynes station being a short drive away, offering fast links to London and beyond. Road access is equally convenient with the A5 and M1 nearby, and frequent bus services such as the LOOP and M6 connect the area to Central Milton Keynes, making Felsted a well-rounded location for both families and commuters. Located right on the doorstep of Caldecotte Lake, Derwent House offers immediate access to scenic lakeside walks, perfect for leisurely strolls, running, or simply enjoying the peaceful natural surroundings. Other local leisure facilities include Willen Lake and David Lloyd.

A unique opportunity to purchase a one of a kind apartment in a fabulous location, whether you are looking for a stylish home in the city, a downsize to somewhere with less maintenance or an ideal lock up and leave property this is not to be missed.

Lease Information - Lease length - 133 years remaining.
Ground rent - £500 per annum.
Estate Charge - This covers ground maintenance and is to Caldecotte Estates and is £600 per annum.
Service Charge - Broadland are the acting management company who took over last year. A payment is made twice a year and has most recently been £3700 per six months (£7400 per annum) this includes building insurance, gas, heating for the apartment, water, electricity and building maintenance. We are advised there are no seperate bills for utilities.

Entrance Hall -

Open Plan Living - 10.39 x 7.39 (34'1" x 24'2") -

Utility Room -

Balcony -

Principal Bedroom - 5.08 x 4.72 (16'7" x 15'5") -

En-Suite -

Balcony -

Secondary Bedroom - 4.04 x 3.73 (13'3" x 12'2") -

En-Suite -

Cloakroom -

Material Information - About the property; Council Tax Band: F (Milton Keynes Council), Construction Materials: Traditional

Utilities; Electricity supply: Mains, Water supply: Mains, Sewerage: Mains, Heating: Gas Mains, Broadband: Cable, Broadband speed: 80 Mbps, Mobile coverage: 4G

Parking; Availability of parking: Underground Secure Parking

Issues with potential impact; Property accessibility adaptations: None known, Building safety: None known, Planning permission or proposed developments: None known, Flood risk: No, Coastal erosion risk: No, Coalfield or mining area: No, Restrictions: Yes, Rights & easements: No

Marketing; Sale price: £575,000, Tenure: Leasehold, Years Remaining for Lease: 133 years, Annual Ground Rent: £500pa, Estate Charge: £600pa, Service Charge: £7400pa (includes all utility costs)