2-bedroom flat · MK18 1EU
To rentListed 1 day
Opportunity summary
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About
Well presented two double bedroom, first floor flat situated in the town centre of Buckingham providing easy access to local amenities and within a short walking distance of the University of Buckingham.
The property briefly comprises; entrance, hallway with storage cupboards one housing washing machine & tumble dryer, lounge/diner, kitchen with appliances, two double bedrooms both with built in wardrobes, shower room with corner shower cubicle.
Availabl beginning December. EPC rating C. Council tax band B. A Holding deposit of £276.92 is required to reserve this property (based on the advertised rent). Deposit payable: £1384.61.
Minimum tenancy term: 12 months. New assured periodic tenancies (APTs) signed on or after 1 June 2019 Holding Deposit (per tenancy): One week's rent. This is to reserve a property.
Please Note: This will be withheld if any relevant person (including any guarantor(s) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Security Deposit (per tenancy. Rent under £50,000 per year): Five weeks' rent. This covers damages or defaults on the part of the tenant during the tenancy. Security Deposit (per tenancy.
Rent of £50,000 or over per year): Six weeks' rent. This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent: Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent.
Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s): Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s). Variation of Contract (Tenant's Request): £50 (inc.
VAT) per agreed variation. To cover the costs associated with taking landlord's instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant's Request): £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord's instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenant's Request): Should the tenant wish to leave their contract early, they shall be liable to the landlord's costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Client money protection: Propertymark C0133149 independent redress: The Property Ombudsman N00873 Please ask a member of staff if you have any questions about our fees.
Communal Entrance UPVC door to; stairs rising to flat entrance.
Entrance Door to; Hallway Electric panel heater, built in storage cupboards, cupboard housing washing machine and tumble dryer; doors to accommodation.
Lounge/Diner 4.99m x 3.78m - 16'4” x 12'5” UPVC double glazed window to side aspect, electric panel heater. Furnishings include sofa, armchair, television stand, shelving unit, table and chairs.
Archway to; Kitchen Fitted to comprise; inset single drainer stainless steel sink unit with cupboard under, further range of base and eye level units, integrated single electric oven, induction hob, extractor fan over, under counter fridge & freezer, UPVC double glazed window to front aspect.
Bedroom One Built in double wardrobe with hanging rail, electric panel heater, UPVC double glazed window to side aspect.
Bedroom Two Built in double wardrobe with hanging rail, electric panel heater, UPVC double glazed window to side aspect.
Shower Room Suite of corner shower cubicle with electric shower, pedestal wash hand basin, low level W.C, heated towel rail, ceramic tiling to all splash areas, UPVC double glazed window to rear aspect.
Material Information Deposit information: A Holding deposit of £276.92 is required to reserve this property (based on the advertised rent). Deposit payable: £1384.61.
EPC rating: D council tax band: B broadband/mobile coverage: Standard, Superfast & Ultrafast broadband available.
4G is good outdoor depending on provider, signal strength varies whether inside or outside. (Information obtained from Ofcom) utilities: All mains supplies connected, excluding gas.
Utilities payable by tenant.
Furnishing status: Part Furnished heating source: Electric wall panel heating flood risk from river: Very Low rights & restrictions: N/A building safety: N/A planning permission: N/A coalfield/mining area: N/A sewerage: Mains drainage
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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.
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.
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.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
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.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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About Elm Street, Buckingham
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