1-bedroom house · MK46 5FN
Listing removedListed 470 days
Opportunity summary
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About
WE ARE PLEASED TO OFFER FOR SALE THIS ONE BEDROOM GROUND FLOOR RETIREMENT APARTMENT, ENJOYING A WONDERFUL LOCATION OVERLOOKING THE HISTORIC WHIRLY PIT AND NATURE RESERVE.
THE APARTMENT BENEFITS FROM A PRIVATE COURTYARD, ELECTRIC HEATING, DOUBLE GLAZING, A FULLY EQUIPPED KITCHEN AND A 24/7 EMERGENCY CALL OUT SYSTEM. MINIMUM AGE 60 YEARS.
Council Tax Band: C Tenure: Leasehold Ground Rent: £459 per year Service Charge: £4,159.04 per year ENTRANCE HALL Electric panel heater. Security intercom system with emergency panic button.
Walk-in cloak cupboard with hat and coat rail and electric boiler serving domestic hot water systems. Further built-in meter cupboard.
LOUNGE / DINER 20’6 x 10’6 Double glazed French door and windows to the pond elevation. Coved ceiling. Electric storage heater.
Contemporary fireplace provides the main focal point, which incorporates coal effect electric fire. Glazed door to the kitchen. KITCHEN 7’7 x 6’5 Double glazed window to the pond elevation.
Coved ceiling. Traditional style kitchen with units to low and high levels. Ample work surfaces. Stainless steel single drainer sink with mixer tap. Tiled splash areas.
Integrated appliances comprise electric oven, hob and extractor hood, fridge and freezer. Space for microwave.
BEDROOM 12’1 maximum, measured into door recess x 11’9 Double glazed window to the pond elevation. Coved ceiling. Electric storage heater. Built-in double wardrobe/storage cupboard.
BATHROOM 8’1 x 6’4 Coved ceiling. White sanitary ware comprises a concealed cistern WC, vanity basin with storage below, panelled bath and a separate shower enclosure with electric shower.
Fully tiled walls. Extractor fan. Vanity mirror with recessed pelmet lighting and wall mounted storage units. Shaver point. Heated towel rail. Electric convector heater.
PLEASE NOTE FACILITIES AND SERVICE CHARGE SERVICE CHARGE: The Service Charge is administered by First Port Retirement Property Services Ltd and the estimated Service Charge per annum is £4,159.04 payable in two instalments.
The charge includes Buildings Insurance, water charges, all exterior maintenance to both the buildings and gardens, cleaning and maintenance of all internal communal areas.
GROUND RENT: Payable to Fairhold Properties of £459.00 per annum payable in two instalments. LEASE: 125 years from January 2007.
COMMUNAL AREAS Newton Court communal facilities include an owners’ lounge, library, laundry room, a guests’ suite and landscaped gardens.
An on-site Manager is available Monday to Friday 9am to 2pm and all residents have peace of mind of a 24/7 emergency Appello call system.
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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