2-bedroom flat · MK10 9QA
Listing removedListed 57 days · slow let
Opportunity summary
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About
This striking 2 bedroom executive apartment is located within the sought-after Monkston Park estate on the east side of mk the area provides a range of local amenities and within easy distance of the comprehensive Kingston centre and both cmk and the M1 are within a short drive.
The apartment itself is located on the ground floor of a block of just 6 similar apartments and is entered via electric gated courtyard where each apartment has a car port style covered parking space.
Additional visitors spaces are also available. The entrance hallway has a feature glass circular staircase and is immaculately presented with all communal areas kept to a high standard.
Inside the property has a small entrance hallway with cloaks hooks and security alarm and door entry system.
The open plan living area is has undergone redecoration and has wooden flooring with dual aspect making the room very light and airy.
The kitchen is open plan with a dining area and provides a range of built in appliances including dishwasher.
A small hallway gives access to master bedroom with large walk in cupboard, and second good sized bedroom.
The main bedroom has it's own en-suite shower room and the second bedroom access to the family bathroom - both of which are finished to an excellent quality.
The property also benefits from double glazing and full gas and under floor central heating system with modern combination boiler. Offered unfurnished and ready to occupy from 30th October.
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A Little About Prestige Estates MK Ltd Established in 2009 Prestige Estates have established ourselves as one of the premier Letting Agents in Milton Keynes.
We have Association of Letting Agents (ARLA - Propertymark) accreditation as well as membership to the 'Safeagent' scheme - Providing peace of mind when renting your next home.
We also have membership of The Property Ombudsman as well as holding full Client Money Protection insurance - protecting Landlords and Tenants money and guaranteeing we hold the correct insurances & have defined accounting standards.
Tenants deposit money is secured via the Deposit Protection Service. A custodial scheme secured with Government approved banks - guaranteeing the safety of the deposit.
Material Information: * Deposit - all properties rented from Prestige Estates MK Ltd require tenant(s) to pay a deposit to the sum of 5 weeks rent (rent x 12 months, divided by 52 weeks, multiplied by 5 weeks = total deposit).
This deposit will be held in the Deposit Protection Scheme (dps) until the end of the tenancy. * Council Tax band - B * Parking - Carport covered space within gated courtyard to rear of property.
* Heating type - Gas underfloor heating with combination boiler.
* Utilities (charges for usage and specific suppliers can be chosen by the tenant once check in has taken place): - Mains Electric - yes - Mains Gas supply - yes - Mains water & drainage via Anglian Water.
- Mobile phone signal - A list of mobile providers and their coverage of specific areas can be found here by entering the property address or postcode: - Internet - speeds up to 1000Mbps (Internet is not included within the rent.
Speeds will vary depending on supplier and type of connection you choose to enter into contract with).
You can find a list of broadband suppliers and speeds here: * Flood risk - Very low - You can find detailed information by checking the government website here:
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
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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
Agent & docs
FAQ
About 3, Islington Grove, Monkston Park
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