Studio flat · MK7 7NE
Listing removedReduced £5k (−4.2%) on 21 AugListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*walnut tree* *studio apartment* *freshly decorated* *new carpets* *kitchen* *new bathroom* *UPVC double glazing* *close to the local amenities* *allocated parking space* *offered with no chain* Reynolds Estate And Letting Agents are delighted to of been instructed to sell this studio apartment which is an ideal first time buy or investment property.
The property is located on the East side of Milton Keynes on the popular development of Walnut Tree. Viewing this property is highly recommended to really appreciate everything it has to offer.
Entrance through partly glazed front door into entrance hall. Entrance Hall: Doors lead to lounge, bathroom and storage cupboard which houses the water tank.
Lounge: 18'6" x 12'7" UPVC double glazed window to the front and side aspect, two wall mounted night storage heaters, double built in wardrobe with hanging rail and shelving, door leads to the kitchen.
Kitchen: 7'0" x 5'4" Mixed eye and base level units with work surface over and splash tiles, stainless steel sink with drainer board, space for washing machine, space for oven and fridge freezer.
Bathroom: 5'5" x 5'0" Low level WC, sink with pedestal, stand in shower cubicle, part tiled walls, tiled floor, wall mounted electric heater, extractor fan.
Front Garden: Steps lead down to a block paved pathway that leads to the front door, laid lawn, hedge surround. Parking: One Allocated parking space. The lease remaining is currently 89 years.
Location
Value & comps
No previous sales on record.
Returns
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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 138, Studley Knapp, Milton Keynes
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