2-bedroom flat · MK2 2DB
Sold STCListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented ground floor apartment boasts a spacious open plan lounge/diner, modern bathroom, two large bedrooms plus allocated parking.
Within close proximity of Fenny Stratford high street and with great transport links, this property would be ideal for both first time buyers, commuters and investors alike.
Location: Fenny Stratford Entrance Hall Lounge/Diner 3.81m x 4.85m Kitchen 2.41m x 2.77m Bathroom Master Bedroom 10 x 10 Bedroom Two 4.46m x 2.76m Allocated Parking Tenure Leasehold We have been advised that there are approx.
108 years remaining on the lease. We have been advised that the service charge is £1475 per annum We have been advised that the ground rent is £350 per annnum.
Estate Agency Declaration We are also obligated to advise that this property is owned by a family member of a Leaders Milton Keynes employee
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 Millward Drive, Bletchley, Milton Keynes
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