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    48, Sheep Way, Milton Keynes, MK14 5FP

    2-bedroom flat · MK14 5FP

    818 sq ftEPC B1 bathTenure: Leasehold
    Asking
    £185,000

    Listing removed · Reduced £15k (−7.5%) on 18 Jul · Listed 277 days

    Chain Free
    Investor metrics
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    HMO Article 4 Direction AreaArticle 4 Direction relating to Houses in Multiple Occupation (HIMO) - Non immediate direction · C3 → C4 HMO conversion requires planning permission here

    Opportunity summary

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    About

    The property

    ** chain free * allocated parking * carport * ideal first buy or investment ** Taylors Estate Agent are excited to bring to the market this well presented chain free two bedroom apartment.

    Situated in the sought after modern development of Redhouse Park and presented in excellent condition is this immaculately presented two bedroom apartment offering spacious accommodation to comprise: Entrance hall, large lounge/diner, kitchen, two double bedrooms and family bathroom.

    Communal gardens and allocated parking to rear of the property.

    Chain Free

    Key information

    Price per Square Foot
    £226/sq ft
    Based on 818 sq ft (76 sq m)
    Floor Area
    818 sq ft (76 sq m)
    Council Tax Band
    Band B
    Estimated ~£1400/year
    EPC Rating
    B
    currentView certificate
    Tenure
    Leasehold
    Property Age
    England and Wales: 2007-2011
    Local Authority
    Milton Keynes (B)
    Unitary Authority
    Property features
    • Tenure: Leasehold
    Sign up free to see flood risk and more→

    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.

    Returns

    What does it return?

    Set an offer; the calculator follows it.

    Rent evidence
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    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below asking

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

    All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.

    Past performance does not guarantee future results. Tax implications vary by individual circumstances.

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    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
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    25/100
    Deal score · weighted
    Weak signals — move on

    Factor breakdown
    BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market277 days · price-fatigue
    25/25
    —
    Seller motivation
    Not scored yet

    Days on market277
    Price reduction-7.5%
    STC fall-through—
    Back to market—
    Agency change—
    EPC ratingB
    Listing timeline
    First listedListed at £200,00015-01-2026
    Price reduced£200,000 → £185,000 (-7.5%)18-07-2026
    Still activeDay 277 on marketToday
    Strategy fit
    No strategy scores available yet.

    HMO Conversion Potential

    Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

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    Location
    More market detail▾
    MK14 · Live market data · flat only
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    Agent & docs

    Move it forward

    Listing agent
    Taylors - Milton Keynes Sales logo
    Taylors - Milton Keynes Sales
    listed on zoopla
    01908103600
    Central Business Exchange 436 Midsummer Boulevard Milton Keynes MK9 2EA
    View on zoopla

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    Planning & investor docs
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    FAQ

    Questions

    About 48, Sheep Way, Milton Keynes

    How much is 48, Sheep Way, Milton Keynes?
    The asking price is £185,000.
    What kind of property is 48, Sheep Way, Milton Keynes?
    A 2-bedroom flat in MK14 5FP.

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    Data sources: HM Land Registry · EPC Open Data · Ordnance Survey · ONS and other open data.

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