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See how verdicts work1-bedroom flat · MK5 6LY
For saleListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity for first-time buyers to purchase this generously proportioned one-bedroom ground-floor apartment, offered through the ever-popular 70% fixed-equity scheme and available with no upper chain.
The scheme enables the purchaser to buy the property at 70% of its full market value, with no rent or additional premium payable on the remaining 30%, other than the usual ground rent and service charges.
This makes the property an outstanding and affordable route into home ownership, subject to the relevant eligibility criteria and scheme conditions.
The accommodation is accessed through well-maintained communal areas and comprises an entrance hall, a generous living room, a fitted kitchen/dining room, a well-proportioned double bedroom and a bathroom.
The property also benefits from allocated parking.
Oakhill is a popular modern development situated to the west of Milton Keynes, offering convenient access to Westcroft District Centre, local schools, attractive parkland and nearby leisure facilities.
Central Milton Keynes, the mainline railway station and the A5 are all readily accessible, making this an ideal location for first-time buyers and commuters.
Entrance Entrance through communal areas into entrance hall. Intercom access. Doors to all rooms. Coving to a skimmed ceiling. Radiator. Two storage cupboards. Double glazed window to the front.
Living Room (3.30 x 3.14 (10'9" x 10'3" )) Double glazed window to the rear. Coving to to skimmed ceiling. Opening through to kitchen/dining room. Radiator.
Kitchen Dining Room (3.91 x 2.81 (12'9" x 9'2")) Kitchen fitted with a range of wall and base units. Work surfaces incorporating a one and a half stainless steel sink and drainer with mixer tap.
Built in oven, hob and extractor. Plumbing for washing machine, plumbing for dishwasher. Space for fridge freezer. Splash back tiles. Further extractor. Radiator.
Skimmed ceiling with inset lighting and under unit lighting. Concealed wall mounted boiler. Bedroom (3.48 x 3.08 (11'5" x 10'1")) Double glazed French doors to front. Skimmed ceiling. Radiator.
Bathroom Three piece suite. Panelled bath with stainless steel mixer tap and shower attachment. Low level wc, wash hand basin with mixer tap and splash back tile. Shaver point. Extractor.
Skimmed ceiling. Radiator. Frosted double glazed window to the front. Outside Allocated parking space. Visitor spaces. Communal bins. Bike store. All measurements are approximate.
The area measurements are taken from the government EPC register. The mention of appliances and/or services within these sales particulars does not imply that they are in full efficient working order.
Please note that any services, heating systems or appliances have not been tested and no warranty can be given or implied as to their working order.
Mortgage & financial - The Mortgage Store can provide you with up to the minute information on all available rates.
To arrange an appointment, telephone this office your home is at risk if you do not keep up repayments on A mortgage or other loans secured on it. Full quotation available on request.
A suitable life policy may be required. Loans subject to status. Minimum age 18.
The above details have been submitted to our clients but at the moment have not been approved by them and we therefore cannot guarantee their accuracy and they are distributed on this basis.
Please ensure that you have a copy of our approved details before committing yourself to any expense.
Mortgage & financial - The Mortgage Store can provide you with up to the minute information on all available rates.
To arrange an appointment, telephone this office your home is at risk if you do not keep up repayments on A mortgage or other loans secured on it. Full quotation available on request.
A suitable life policy may be required. Loans subject to status. Minimum age 18. We routinely refer customers to Franklins solicitors, Gough Thorne and The Mortgage Store.
It is your decision whether you choose to deal with them, in making that decision, you should know that we receive a referral fee in the region of £80 to £250 for recommending you to them All clients are subject to identity and source of funds checks.
We use a third party company to complete these for us.
The charge is £60 inc vat per transaction which requires to be paid at your earliest convenience once your offer has been accepted, this enables us to conduct the verification checks we are obliged to do as per hmrc Anti Money Laundering guidelines.
Photographs may be digitally enhanced for presentation purposes, including lighting and cosmetic adjustments.
No structural or permanent features of the property have been altered, and buyers should satisfy themselves by inspection.
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
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 advisers before making any investment decisions.
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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FAQ
About 45, Otterburn Crescent, Milton Keynes
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