2-bedroom flat · MK14 5FU
For saleReduced £15k (−6.7%) on 21 AugListed 108 days
Opportunity summary
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About
Urban & Rural are delighted to bring to the market this well-presented two-bedroom ground floor apartment, offering spacious accommodation throughout and an excellent opportunity for first-time buyers, downsizers or investors alike.
Internally, the property is entered via a welcoming entrance hall, providing access to all rooms and benefiting from useful built-in storage as well as an additional storage cupboard, ideal for keeping everyday essentials tucked away.
The heart of the home is the impressive lounge/diner, a bright and spacious room offering ample space for both relaxing and entertaining.
The adjoining kitchen is fitted with a range of wall and base units, providing plenty of worktop space along with integrated appliances such as a dishwasher, washing machine, oven, hob and fridge freezer.
Another benefit is the living area opens out to a brief front garden area. There are two well-proportioned bedrooms.
Bedroom One is a generous double room benefiting from fitted wardrobes, while Bedroom Two is also a good-sized room, ideal for a small double or single.
Completing the accommodation is the family bathroom, fitted with a shower over the bath, wash hand basin and WC.
The property further benefits from gas central heating and double glazing throughout, providing an efficient and reliable home.
Externally, the property benefits from gated parking with an allocated space as well as well-maintained communal grounds.
Redhouse Park is a popular modern development known for its attractive green spaces and scenic walking routes, offering a peaceful setting ideal for outdoor lifestyles.
It is well positioned for easy access to Central Milton Keynes, Milton Keynes train station and Newport Pagnell, making it a great choice for both commuters and families.
Service Charge: £154 pcm, £1848 per annum Ground Rent: £31.12 pcm, £373.44 per annum Estate Charge: £140.76 per annum Lease: 112 Years (125 Years from 1st January 2014) EPC: B Council Tax Band: B Entrance Hall Lounge/Diner (5.05m x 3.7m) Kitchen (3.7m x 2.08m) Bedroom 1 4.32m max x 2.7m Bedroom 2 (3.8m x 2.03m) Bathroom (2.13m x 2.08m)
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 Flat 1, 92, Rowditch Furlong, Milton Keynes
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