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See how verdicts work2-bedroom detached house · MK46 5HR
For saleReduced £40.5k (−5.1%) on 26 OctListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A PIECE OF OLNEY HISTORY Cinema Lodge is a secluded two bedroom detached cottage, conveniently located a short walk from the centre of town.
This charming cottage boasts character features throughout and benefits from a private setting amongst a mature garden.
Rarely has this property been to market, it was constructed circa 200 years ago and sits in the grounds of the former Olney Picture House.
It occupies a generous plot and provides an opportunity, subject to planning permission and any other necessary consents, to extend and remodel.
Ground Floor On the ground floor accommodation briefly comprises entrance hall, lounge with a wood burning stove, sitting room with views over the garden, dining room also with a wood burning stove and a fitted kitchen with a range of floor and wall units, together with ample worktop space.
A ground floor wet room provides further convenience. First Floor Two double bedrooms, both with built-in storage, occupy the first floor.
In addition, there is a bathroom with a separate bath and shower cubicle. Attic Room The second floor boasts a converted attic room, suitable for storage purposes.
Garden and Outside Space Cinema Lodge sits at the end of generous rectangular plot and enjoys a mature garden, which compliments the cottage.
mainly laid to lawn with mature shrubs and trees, there are patio areas and raised beds, together with a pond. Another striking feature is the bespoke potting shed.
Commissioned by the current owners and constructed by Howard & Mason's of Olney, known for their quality craftmanship.
Garage and Parking Parking for numerous vehicles is located to the front aspect and is provided via a block paved driveway.
In addition, there is a double garage for additional parking/storage, which boasts a converted room above, which would make an ideal home office.
Location Olney's historic High Street is just a short distance away, offering a range of independent shops, cafés, pubs and regular markets.
The town is particularly popular with families, supported by well-regarded schools and a wide variety of clubs, societies and sports facilities.
Surrounded by attractive countryside and with scenic riverside walks along the Great Ouse, Olney combines traditional market town charm with modern convenience.
Bus services and road links provide access to Milton Keynes, Bedford and Northampton, making this an excellent location for commuters. Council Tax Band: E Tenure: Freehold
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 West Street, Olney, MK46
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