3-bedroom flat · MK18 1HR
For saleReduced £20k (−6.8%) on 16 SepListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This spacious three-bedroom penthouse apartment occupies the second floor and comes with the rare advantage of two allocated parking spaces.
Positioned close to Buckingham town centre and offered for sale with no upper chain, it combines convenience with comfort.
Inside, the penthouse features three well-proportioned bedrooms, each finished with attractive wooden flooring.
The principal and second bedrooms include built-in storage, while the third bedroom offers excellent flexibility and can be adapted to suit your lifestyle, whether that means creating a dedicated home office, a cosy guest room, or a practical family space.
The sitting and dining room is bright and generously sized, providing an inviting environment for relaxing at the end of the day or hosting friends and family.
Its layout lends itself naturally to both everyday living and entertaining.
The refitted kitchen is well designed, offering a wide range of fitted units that provide ample storage and plenty of worktop space for preparing meals with ease.
Integrated appliances include an oven, gas hob with extractor, dishwasher, washing machine and fridge, ensuring a practical and efficient cooking experience.
The contemporary shower room is finished with stylish tiling that creates a luxurious feel, and the walk-in shower enhances the sense of comfort and modernity.
Additional Material Information Lease: 975 years remaining Electricity Supply: Mains Gas: Mains Water Supply: Mains Sewerage: Mains Heating: Gas Central heating Parking: Allocated parking Freehold service/estates charge information: Approx £1,354.99 per annum Ground rent: Tbc Flood Risk: Further information is available via the website All information given is to the best of our knowledge at the time of writing based on information provided by the seller and additional research, albeit we would always recommend seeking confirmation as part of buyer’s due diligence and the conveyancing/survey process.
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Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Penthouse Apartment 5, Iver Court, Lenborough Road, Buckingham
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