1-bedroom flat · MK6 2RT
For saleReduced £4k (−5.9%) on 21 JunListed 320 days
Opportunity summary
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About
Summary *** 40% shared ownership - monthly rent of £341.62P *** A one bedroom apartment with two balconies in the popular area of Oldbrook, a short distance away from Central Milton Keynes and all of its amenities.
Description Connells Estate Agents are delighted to be able to bring to the market this one bedroom first floor apartment that is located in the popular and sought after area of Oldbrook.
It is offered for sale at a 40% share with Milton Keynes Council and the monthly rent is £341.62p. In our opinion this property would make an ideal first time purchase.
The accommodation includes an entrance hallway, open plan living, dining and kitchen space, bedrooms and a bathroom. Outside there is an allocated parking space.
This property should be viewed to be fully appreciated but please also see the full range of images and the floorplan that accompany this listing.
To arrange your viewing please call Connells Estate Agents on or email . The Area Oldbrook is a popular and sought after area within Milton Keynes.
The location allows walking distance into the town centre, which offers a wide range of retail, recreational and entertainment facilities.
In the town centre you will find Centre:mk offering access to well known high street shops, as well as the theatre district and Xscape building offering access to a range of restaurants, bars, a cinema and other entertainment facilities.
The mainline train station is also a short distance away, which offers regular and direct links into London Euston with journey times of approximately 30-35 minutes, making this an ideal location for commuters.
Milton Keynes also offers great access to main trunk roads, such as the A5, A421, A422 and A509. Junctions 13 & 14 of the M1 also connect to Milton Keynes.
There are a number of retail parks that are also within a short drive, where you will also find large supermarkets. Oldbrook is on a regular bus route offering routes across the town.
Block Entrance Secure block entrance with intercom system. Stairs leading up to this apartment. Entrance Hallway Access door. Radiator. Double cupboard.
Open Living / Dining / Kitchen 24' x 9' 9" ( 7.32m x 2.97m ) Double glazed window and patio door leading to balcony. TV and telephone point. Radiator.
Bedroom 13' 6" x 8' 11" ( 4.11m x 2.72m ) Window to side and door leading to balcony. Radiator. Bathroom Window.
Suite comprising of a bath with a mixer tap and shower over, low level WC and wash hand basin. Part tiled and radiator. Cupboard housing central heating boiler. Parking Allocated parking space.
Agents Note Shared ownership offered for sale at a 40% offering. The monthly rent charges are £341.62p.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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.
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FAQ
About 3, The Boundary, Milton Keynes
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