April 2011 Update - New Homes For Sale In Milton Keynes

New research shows that Milton Keynes is one of the cheapest areas to buy property in the UK. According to the latest figures from a well-known property portal, it can cost over 40% more cash per month to rent a home in the town than to buy one, and there are plenty of new homes in Milton Keynes being constructed right now. It's already a popular location for first-time buyers to find a property and is set to become an even more attractive hotspot if a new London to Birmingham rail link is built.

Built as a new town in Buckinghamshire in the 1960s to relieve housing congestion in London, Milton Keynes was deliberately located equidistant from London, Birmingham, Leicester, Oxford and Cambridge. A 45-minute train ride from London, there's a wide range of new homes to choose from in the Milton Keynes area, combining typical city amenities, such as a wide range of shops and restaurants, with plenty of green space on the outskirts.

Redrow Homes is selling a range of apartments at Bletchley Park, two miles from Milton Keynes' centre, which start at £146,950 for a two-bedroom flat. With good access to the M1, there's a train station opposite the development with services directly into London. In Broughton Manor, three and a half miles away from Milton Keynes' centre, Redrow is selling a range of two-, three-, four- and five-bedroom homes. Near to lots of countryside, with Willen Lake and Broughton Linear Park close by, it's located near two good schools.

There's a range of other new homes to choose from in the village. David Wilson Homes' Inspirations features new homes starting from £144,995, going up to £263,995, with this housebuilder offering more executive homes at Reflections, where prices range from £259,995 to £449,995.

Country & Metropolitan (C&M) also has a wide choice of homes for sale in the area. Properties at Life in Bletchley, south of Milton Keynes, start at £215,000 for houses, and £139,950 for flats. A new phase of the development will be ready from next year.

In nearby Newport Pagnell, C&M is also selling homes at Redhouse Park and at luxury development Linford Reach. Located near the M1, Newport Pagnell is a good commuter destination, with London Euston only 50 minutes away by train. At Redhouse Park, homes are under construction in five main zones, with prices starting from £133,950 for two-bedroom flats, and £199,950 for three- and four-bedroom houses. At Linford Reach, five-bedroom homes start from £444,000.

Persimmon also has an array of new homes for sale in the Milton Keynes area, with two-bedroom flats starting from £134,258 for first-time buyers using the Shared Equity scheme on offer at Larkswood in Newton Leyes. Bigger homes are available at nearby Oakridge Park, where three-bedroom houses start from £239,950, and four-bedroom houses start from £250,000.


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