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See how verdicts work1-bedroom flat · MK18 1NJ
Listing removedListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** for sale by livestream auction ** Wednesday 24th June 1.00 pm ** guide price £40,000+ ** viewings by appointment ** This incredible value one-bedroom top floor flat is offered for auction with vacant possession and offers the potential for an incredible net rental yield of up to 20% (based on the guide price).
Situated within an attractive Grade II listed building adjacent to the High Street in the historic market town of Buckingham, the property combines character with strong investment appeal.
Accommodation comprises communal keypad entry, entrance hall, a spacious 14ft lounge, separate fitted kitchen, bedroom and bathroom.
Presented in reasonable decorative order throughout, the flat would make an ideal addition to a landlord’s portfolio or an excellent buy-to-let opportunity.
The property also benefits from a lease with approximately 97 years unexpired.
To register to bid and view legal documents, please visit our website: Communal Entrance The entrance to the property is via the shared walkway between the shops to the front of Market Square, at the rear you will find steps leading up to a communal door with and keypad entry system and stairs to all floors.
The property is located on the top floor (3rd floor) of the building.
Entrance Hall (2.06m x 1.70m (6'9 x 5'7)) Laminate flooring, door to Lounge/Dining Room (4.52m x 3.53m (14'10 x 11'7)) With two windows to front overlooking Market Square.
Both windows are double glazed from the inside with retention of traditional sash windows to front. Laminate flooring, electric heater.
Kitchen (2.34m x 1.70m (7'8 x 5'7)) Well presented, with a range of fitted units, stainless steel sink unit, integrated oven/hob/filter hood, tiled splashbacks, extractor fan and laminate flooring.
Hallway Laminate flooring, doors to Bedroom (3.12m x 2.36m (10'3 x 7'9)) With dormer window, sloping ceiling to one side, laminate flooring and electric heater Bathroom (2.08m x 1.63m (6'10 x 5'4)) With low level WC, panel bath with shower over, sink unit, part tiled walls and extractor fan.
Outside Communal yard area leading to communal entrance Lease Details With an unexpired lease term of 97 years.
We are advised by the seller there is a ground rent of £200 pa and a service charge of £3003 pa.
Please note we will need to confirm these details in the awaited legal pack and will update/amend accordingly. Please ensure you review the legal pack in full for clarification prior to bidding.
Services No appliances or services have been tested Council Tax Band A, Buckinghamshire Council 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 £3600 (£3000 plus VAT) How To Get There From the A41, follow signs toward Buckingham town centre and continue along the main route into town.
As you approach the centre of Buckingham, stay on the road heading toward the high street area, then follow signs for the town centre and parking.
Market Square is located in the heart of Buckingham and can be reached by continuing straight into the central shopping and pedestrian area, where you’ll find the square surrounded by shops, cafés, and historic buildings.
Doisa/150526Sa0376
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
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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
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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
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FAQ
About 7B, Market Square, Buckingham
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