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See how verdicts workStudio flat · MK9 3AR
Listing removedListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** for sale by livestream auction Wednesday 23rd September 1.00 pm ** guide price £60,000+ ** viewings by appointment ** Situated in a fantastic location with easy access to the wide range of amenities available in and around Central Milton Keynes, this well-positioned 2nd floor studio apartment presents an excellent opportunity for investors and landlords alike.
The property benefits from an unexpired lease term of approximately 89 years and comprises a good-sized studio room, a separate modern kitchen, and a shower room.
Resident permit parking is also available directly in front of the building, adding further convenience and appeal.
While the property would benefit from some improvement, it offers significant potential, with a C rated EPC and a potential annual rental income of over £10,000.
This makes it an attractive proposition for investors seeking strong rental returns and an excellent addition to an existing property portfolio.
Register to bid and view legal documents, please visit our website: Accommodation Communal Entrance With security door and intercom system, stairs to all floors.
The property is located on the second floor.
Entrance Hall With intercom receiver, door to Kitchen (2.08m x 1.98m (6'10 x 6'6)) With a range of modern fitted units, stainless steel sink unit, fitted filter hood, space for appliances Studio Room (4.57m x 3.61m (15'0 x 11'10)) Double glazed windows, radiator, integrated storage cupboard and airing cupboard with hot water tank.
Shower Room With shower cubicle, sink, wc and radiator.
Communal Gardens Mainly laid to lawn Parking Resident permit parking Lease Details The current lease term is 89 years, ground rent and any service charge is awaited.
Our client has been unable to provide this information to us because they are an Asset Management Company with limited knowledge of this property.
Because of this we are unable to provide figures relative to the current charges applicable to this property Services No appliances or services have been tested Council Tax Band A, Milton Keynes Price Information *Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees and Disbursements will charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.
Buyers Administration Charge The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).
Buyers Premium Charge - The purchaser will be required to pay a buyers premium charge of £2400 (£2000 plus vat) How To Get There From M1 Junction 14, take the A509 exit towards Central Milton Keynes and continue on the A509/Portway, following signs for Central Shopping; at the roundabouts keep following the A509/Portway towards Central Milton Keynes, then continue onto Silbury Boulevard and follow it towards the city centre.
649 Silbury Boulevard, Milton Keynes, MK9 3AR will be along Silbury Boulevard. Doisa/2008Sa0453
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About 649J, Silbury Boulevard, Milton Keynes
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