2-bedroom flat · MK18 1HE
Sold STCListed 209 days
Opportunity summary
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About
A two double bedroom second floor apartment, located in the town centre of Buckingham within a short walking distance from Buckingham university and local amenities.
The property is sold with no upper chain & would make an ideal first time or investment purchase.
Accommodation comprises: Communal entrance hall, Entrance hall, open plan living/dining/kitchen space, two bedrooms and shower room. 125 Year lease. Approx 105 years remaining.
Ground rent £100 per annum. Maintenance Charge £1810 per annum. Council tax bad A/EPC rating E. Communal Entrance Door to stairs rising to apartment entrance.
Entrance Door to; Hall Telecom entry system, electric panel heater. Open Plan Living/Kitchen/Diner 4.51m x 5.26m - 14'10” x 17'3” Electric panel heater, sash window to rear aspect, doors to bedrooms.
Kitchen Inset single drainer stainless steel sink unit with mono-bloc mixer tap, cupboard under, further base, drawer & eye level units, single electric oven, four ring electric hob, extractor fan over, space for under counter fridge(appliance not included).
Bedroom One 3.51m x 3.13m - 11'6” x 10'3” Electric panel heater, single glazed window to side aspect. Bedroom Two 3.5m x 2m - 11'6” x 6'7” Electric panel heater, sash window to rear aspect.
Shower Room 4.22m x 2.16m - 13'10” x 7'1” Suite comprising corner shower cubicle with electric shower, wash hand basin, low level W.C, heated towel rail, airing cupboard, sash window to rear aspect.
Please Note EPC Rating: E. Council Tax Band: A. Service Charge: £1,810 per annum Ground Rent: £100 per annum Lease details: 125 years from 1st January 2006,105 years remaining.
Construction type: Standard. Electricity supply: Mains. Water supply: Mains. Sewerage: Mains. Heating: Electric broadband/mobile coverage: Standard, Superfast & Ultra fast broadband available.
Offering highest speeds of 80Mbps download and 20Mbps upload speeds. The speeds indicated are the fastest estimated speeds predicted by the network operator(s) providing services in this area.
Actual service availability at a property or speeds received may be different. 4G likely depending on provider, signal strength varies whether inside or outside. (Information obtained from Ofcom).
Parking: On Street. Measurements on floor plan are approximate due to amongst other things wall thickness etc. These are therefore not to be relied on.
Mortgage Advice If you require a mortgage, we highly recommend that you speak to our Independent Mortgage Adviser Clare Jarvis.
Clare is associated with Mortgage Advice Bureau which is one of the largest and best broker firms in the country, having access to the whole of market and due to the volume of mortgages they place often get exclusive rates not available to others too.
Please contact us for further information.
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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About 28D, West Street, Buckingham
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