1. Property photo 1 of 20 Derwent House, Caldecotte
  2. Property photo 2 of 20 Open Plan Living Space
  3. Property photo 3 of 20 Dining Space

£575,000

(£361/sq. ft)

2 bed flat for sale
Felsted, Caldecotte, Milton Keynes MK7

    • 2 beds

    • 3 baths

    • 2 receptions

    • 1,591 sq. ft

  • EPC Rating: B

  • Leasehold

Fine Homes Property

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About this property

  • Exclusive lakeside position directly overlooking Caldecotte Lake with stunning panoramic views.

  • Approximately 1,591 sq ft across two floors in a spacious duplex penthouse apartment.

  • Expansive open-plan kitchen, dining, and living space with three bi-fold doors opening onto the balcony.

  • Two impressive double bedroom suites, each with its own en-suite bathroom and lakeside views.

  • Spacious master bedroom with private balcony.

  • Large wraparound private balcony ideal for entertaining.

  • Secure underground parking plus additional parking available.

  • Direct lakeside access with scenic walking routes, water sports, and green spaces on your doorstep.

  • Excellent transport links via Bow Brickhill, Bletchley, and Milton Keynes Central stations.

  • No upper chain.

  • Lift access

This exceptional duplex penthouse in Caldecotte offers a rare opportunity to enjoy luxury lakeside living at its finest. Set directly on the edge of Caldecotte Lake, the property has breathtaking, uninterrupted views from multiple balconies and expansive floor-to-ceiling windows. Spanning over 1,500 sq ft across two floors, it features a vast open-plan living, dining and kitchen area, an office space, utility room, and two spacious double bedrooms suites each with its own en-suite and private balcony to the principal bedroom. Finished to a high standard throughout originally built in 2008, the home is complemented by secure underground parking, additional parking, and lift access directly to your floor. With scenic walking routes on your doorstep, excellent transport links, and a peaceful yet connected location, this stunning penthouse is a truly unique offering in the heart of Milton Keynes.

If This Were Your Home...

Living Areas;

Derwent House occupies a prime lakeside position, set directly on the doorstep of the stunning Caldecotte Lake, offering residents instant access to tranquil walking paths and breathtaking waterside views. This sought-after development features secure underground parking, as well as additional parking spaces conveniently located right outside the building for guests or a second vehicle. A lift provides effortless access from the ground to the top floor, where this exceptional duplex penthouse is perfectly positioned, enjoying the most elevated and panoramic aspect of all. With its idyllic setting and premium amenities, Derwent House delivers the ultimate in luxury lakeside living.

The top floor of this luxurious duplex penthouse, enjoys a stunning 867sq ft open-plan design that seamlessly blends the kitchen, dining, and living areas into one expansive space. Bathed in natural light from three sets of floor-to-ceiling bi-fold doors (with electric blinds), this beautifully appointed room opens out onto a generous private balcony with uninterrupted panoramic views across Caldecotte Lake – perfect for entertaining or simply unwinding.

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

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Property descriptions and related information displayed on this page are marketing materials provided by - Fine Homes Property. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Fine Homes Property for full details and further information.